Amazon ForecastAmazon
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DemandPlannerDemand Planner
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Related Products
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About
Amazon Forecast is a fully managed service that uses machine learning to deliver highly accurate forecasts.
Companies today use everything from simple spreadsheets to complex financial planning software to attempt to accurately forecast future business outcomes such as product demand, resource needs, or financial performance. These tools build forecasts by looking at a historical series of data, which is called time series data. For example, such tools may try to predict the future sales of a raincoat by looking only at its previous sales data with the underlying assumption that the future is determined by the past. This approach can struggle to produce accurate forecasts for large sets of data that have irregular trends. Also, it fails to easily combine data series that change over time (such as price, discounts, web traffic, and number of employees) with relevant independent variables like product features and store locations.
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About
DemandPlanner helps generate accurate sales and demand forecasts for your products and stores, which is enriched with customer & market dynamics. As a category planner, you gain a clear foresight to prepare optimum replenishment and inventory plans. Demand Planner provides you with accurate sales forecasts, by estimating impacts of a Wide range of external drivers that influence your product demand. The system makes use of advanced quantitative analytics tools, such as Bayesian regression, machine learning and time series modeling; to develop informed estimates over short and long time periods. Its collaborative features streamline demand planning activities with optimized replenishment and procurement along with inventory management. Assess and understand accurately customer demand patterns for your products with the help of advanced predictive analytics models. Balance the net working capital that is tied up in the inventory with immaculate data-driven strategies.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Anyone looking to improve forecasting without having any machine learning experience yet
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Audience
Businesses looking for a software solution to generate accurate sales and demand forecasts for their products and stores
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationAmazon
Founded: 1994
United States
aws.amazon.com/forecast/
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Company InformationDemand Planner
Founded: 2017
India
www.predictyoursales.com
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Alternatives |
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Categories |
Categories |
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Sales Forecasting Features
Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis
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Integrations
AWS AI Services
AWS App Mesh
Amazon S3
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