Listing Thumbnail

    Retail Store Product Demand Forecasting

     Info
    Deployed on AWS
    Free Trial
    Generate highly accurate product demand predictions at scale in the cloud

    Overview

    The Product Demand Forecasting Solution is a cloud-native predictive analytics ML model that analyzes multiple data points, including historical sales data, inventory data, and growth projections to generate up to 50% more accurate product demand forecasts. The solution is scalable and customizable, allows for manual adjustments. It supports batch (schedule) and real-time forecasting, and it can be integrated through RESTful API. The ML model can be used by small- and midsize retailers to cut overstock/stockouts, optimize inventory, and increase supply chain efficiency

    Highlights

    • Get the most of your organization’s sales and inventory data to accurately predict demand for your products, thereby reducing overstock and stockouts, cutting waste, and increasing profits
    • Take advantage of more accurate forecasts to provide the products your customers want when they want them, thereby optimizing product holding costs in warehouses and increasing supply chain efficiency
    • Need a custom-made solution for product demand forecasting? Reach us at support@vitechlab.com

    Details

    Delivery method

    Latest version

    Deployed on AWS

    Unlock automation with AI agent solutions

    Fast-track AI initiatives with agents, tools, and solutions from AWS Partners.
    AI Agents

    Features and programs

    Financing for AWS Marketplace purchases

    AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
    Financing for AWS Marketplace purchases

    Pricing

    Free trial

    Try this product free for 30 days according to the free trial terms set by the vendor.

    Retail Store Product Demand Forecasting

     Info
    Pricing is based on actual usage, with charges varying according to how much you consume. Subscriptions have no end date and may be canceled any time.
    Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator  to estimate your infrastructure costs.

    Usage costs (78)

     Info
    Dimension
    Description
    Cost/host/hour
    ml.c4.xlarge Inference (Batch)
    Recommended
    Model inference on the ml.c4.xlarge instance type, batch mode
    $25.00
    ml.c4.xlarge Inference (Real-Time)
    Recommended
    Model inference on the ml.c4.xlarge instance type, real-time mode
    $3.00
    ml.c4.xlarge Training
    Recommended
    Algorithm training on the ml.c4.xlarge instance type
    $3.00
    ml.m4.4xlarge Inference (Batch)
    Model inference on the ml.m4.4xlarge instance type, batch mode
    $25.00
    ml.m5.4xlarge Inference (Batch)
    Model inference on the ml.m5.4xlarge instance type, batch mode
    $25.00
    ml.m4.16xlarge Inference (Batch)
    Model inference on the ml.m4.16xlarge instance type, batch mode
    $25.00
    ml.m5.2xlarge Inference (Batch)
    Model inference on the ml.m5.2xlarge instance type, batch mode
    $25.00
    ml.p3.16xlarge Inference (Batch)
    Model inference on the ml.p3.16xlarge instance type, batch mode
    $25.00
    ml.m4.2xlarge Inference (Batch)
    Model inference on the ml.m4.2xlarge instance type, batch mode
    $25.00
    ml.c5.2xlarge Inference (Batch)
    Model inference on the ml.c5.2xlarge instance type, batch mode
    $25.00

    Vendor refund policy

    There are currently no reviews for this product.

    How can we make this page better?

    We'd like to hear your feedback and ideas on how to improve this page.
    We'd like to hear your feedback and ideas on how to improve this page.

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

     Info

    Delivery details

    Amazon SageMaker algorithm

    An Amazon SageMaker algorithm is a machine learning model that requires your training data to make predictions. Use the included training algorithm to generate your unique model artifact. Then deploy the model on Amazon SageMaker for real-time inference or batch processing. Amazon SageMaker is a fully managed platform for building, training, and deploying machine learning models at scale.

    Deploy the model on Amazon SageMaker AI using the following options:
    Before deploying the model, train it with your data using the algorithm training process. You're billed for software and SageMaker infrastructure costs only during training. Duration depends on the algorithm, instance type, and training data size. When training completes, the model artifacts save to your Amazon S3 bucket. These artifacts load into the model when you deploy for real-time inference or batch processing. For more information, see Use an Algorithm to Run a Training Job  .
    Deploy the model as an API endpoint for your applications. When you send data to the endpoint, SageMaker processes it and returns results by API response. The endpoint runs continuously until you delete it. You're billed for software and SageMaker infrastructure costs while the endpoint runs. AWS Marketplace models don't support Amazon SageMaker Asynchronous Inference. For more information, see Deploy models for real-time inference  .
    Deploy the model to process batches of data stored in Amazon Simple Storage Service (Amazon S3). SageMaker runs the job, processes your data, and returns results to Amazon S3. When complete, SageMaker stops the model. You're billed for software and SageMaker infrastructure costs only during the batch job. Duration depends on your model, instance type, and dataset size. AWS Marketplace models don't support Amazon SageMaker Asynchronous Inference. For more information, see Batch transform for inference with Amazon SageMaker AI  .
    Version release notes

    Version 1.0 released

    Additional details

    Inputs

    Summary

    Example notebooks for deployment, Real Time inference and Batch Transformation

    You can find all the information related to the usage of our product here: https://github.com/VITechLab/aws-sagemaker-examples/tree/master/Forecaster 

    This repository contains example Jupyter Notebooks showing how to train and deploy the model, run Real Time inference, run Batch Transform job to perform the inference on the data stored in Amazon S3 bucket.

    Supported request content type for training is “text/csv” Supported request content type for prediction is “application/json” Supported response type for prediction is “application/json”

    You can find more details here: https://github.com/VITechLab/aws-sagemaker-examples/tree/master/Forecaster 

    Input MIME type
    application/json
    See Input Summary
    See Input Summary

    Support

    Vendor support

    If you have any issues or feature requests, please write to us, and we will be happy to help you as soon as possible. We can also create custom software and models optimised for your specific use case. Reach us at: support@vitechlab.com 

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

    Similar products

    Customer reviews

    Ratings and reviews

     Info
    0 ratings
    5 star
    4 star
    3 star
    2 star
    1 star
    0%
    0%
    0%
    0%
    0%
    0 AWS reviews
    No customer reviews yet
    Be the first to review this product . We've partnered with PeerSpot to gather customer feedback. You can share your experience by writing or recording a review, or scheduling a call with a PeerSpot analyst.