Forecasting for future demand is dependent on unpredictable factors such as weather, shipping routes, or global events. Demand Forecasting and Planning solutions use machine learning (ML) algorithms built with internal and external data sources, including macroeconomic data and retailer history. These ML algorithms generate high-quality forecasts through “what-if” simulations to help marketing, finance, and other stakeholders align on capacity planning.
AWS Services
Purpose-built cloud products
AWS Supply Chain (Demand Planning)
Generate more accurate demand forecasts, adjust to market conditions, and collaborate across teams to help avoid excess inventory costs and waste
Amazon Forecast
Forecast business outcomes easily and accurately using machine learning