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ease
features
design
support

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Description

Amazon Forecast is an entirely managed service that employs machine learning techniques to provide exceptionally precise predictions. In the contemporary business landscape, organizations utilize a range of tools, from basic spreadsheets to intricate financial planning applications, in their quest to accurately project future outcomes such as product demand, resource allocation, and overall financial results. These forecasting tools generate predictions by analyzing historical data known as time series data. For instance, they might estimate future demand for raincoats based solely on past sales figures, operating under the premise that future performance will mirror historical trends. However, this methodology can falter when tasked with managing extensive datasets that exhibit irregular patterns. Moreover, it often struggles to seamlessly integrate evolving data streams—like pricing, discounts, web traffic, and workforce numbers—with pertinent independent variables, such as product specifications and retail locations. As a result, businesses seeking reliable forecasts may find themselves facing significant challenges in adapting to the complexities of their data.

Description

Founded in 1984 and based in Pennington, New Jersey, Areté Inc. is a software and consulting company focused on providing impactful solutions for supply chain optimization. With a specialization in demand and supply planning, Areté presents a comprehensive array of tools aimed at improving the accuracy of forecasts, managing inventory effectively, and refining production scheduling processes. Their offerings serve a diverse range of clients across six continents, encompassing sectors like food and beverage, consumer goods, and beyond. Areté prides itself on delivering personalized support and fostering ongoing innovation, which guarantees that clients receive customized strategies tailored to address their specific supply chain needs. By continually adapting to the evolving market landscape, Areté maintains its position as a leader in supply chain solutions.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

AWS AI Services
AWS App Mesh
Amazon S3

Integrations

AWS AI Services
AWS App Mesh
Amazon S3

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/forecast/

Vendor Details

Company Name

Areté

Founded

1984

Country

United States

Website

www.areteinc.com

Product Features

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Product Features

Demand Planning

Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Alternatives

Alternatives

Autobox Reviews

Autobox

Automatic Forecasting Systems