Forecasting
Pre-configured engine for demand forecasting, map data into the existing model to generate a forecast.
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Accelerator Description
Demand forecasting is a method by which businesses predict customer demand in order to optimize supply planning and management. The perennial challenge of forecasting is that aggregate level forecasts out-perform the accuracy of forecasts that are more fine-grained, e.g. drill down to region, store, sku. Yet, it is the fine-grained forecast that drives effective optimization. Fine-grained forecast accuracy matters.
The Demand Forecasting solution accelerator provides the core functionality required in a demand forecasting solution and thus gives you the ability to customize, scale, and perform fine-grain forecasts. The ultimate goal of this accelerator is to be extensible, enabling you to customize it to meet your customer requirements and accelerate the customer’s speed to value.
Prerequisites
- Azure Databricks
- Power BI
Architecture
Use Case
Any timeseries forecasting requirement including:- Demand forecasting
- Inventory forecasting
- Cash-flow forecasting
- AR / COGS forecasting