Plug and Play with your own Data
Use the Dataiku Application to easily upload your data and adjust the project to your needs.
Explore !This project offers a plug-and-play solution allowing retail analytics teams to forecast the demand of products over a period of time. With easy tailoring of the project through a Dataiku Application and the capacity to adjust the data flow to their needs, the Demand Forecast solution enables retail companies to optimize sourcing and production planning, inventory management, pricing, and marketing strategies, and much more. More details on the specifics of the solution can be found on the knowledge base. This solution is available on installed instances and Dataiku Online.
Predicting how your business will behave in the future, whether being short, medium, or long-term is hard. Yet, it is critical for all companies to have the ability to forecast future trends in a reliable manner to answer a broad range of strategic questions – ie.:
In order to answer those questions, companies should be able to plan for future trends: how? By leveraging Demand Forecast. With this approach, use historical data and personalized sets of parameters (discounts, holidays, marketing events etc.) in order to predict purchase patterns at the individual product level as well as what quantity and value this will amount to. While not a perfect science, Demand Forecast will be a key asset to optimize sourcing and production planning, inventory management, pricing and marketing strategies, and much more.
Use the Dataiku Application to easily upload your data and adjust the project to your needs.
Explore !Thanks to the flow, easily understand the project structure, navigate data transformation steps, and tailor
to your specificities as needed.
Analyze and understand the performances of the models and identify the most important variables.
In addition, perform a seasonal clustering of your Products/SKUs.
Build the Demand Forecast scenario of your choice and leverage the interactive webApp to project future sales of selected products.
Explore !Define your automation strategy and set up the full flow automation accordingly.
Explore !