Vuealta's Guide to AI-Powered Demand Planning
AI can improve forecast accuracy by 10-20 percent, resulting in up to a 5 percent reduction in inventory and revenue increases of 2 to 3 percent.
Vuealta has embedded Machine Learning technology from Anaplan PlanIQ with Amazon Forecast into Vuealta’s Demand Planning application.
Amazon Forecast is based on the world class forecasting technology Amazon developed to run its own businesses, and Anaplan has natively integrated it into the Anaplan platform. The technology is very sophisticated, but it insulates users from complexity through automation. This will “democratize” Machine Learning, so that planners without data science expertise can use the technology throughout their companies.
Learn how you can easily use AI to improve forecast accuracy in Vuealta’s latest Whitepaper.