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What is Forecastly?

Forecastly guarantees a steady cash flow and increased sales by offering crucial insights on optimal FBA inventory restocking times, order quantities, and shipment statuses, thereby helping you effortlessly improve your profit margins. Utilizing advanced predictive technology, Forecastly produces remarkably precise demand forecasts in just seconds, eliminating the hassle of labor-intensive inventory management spreadsheets. With timely reorder notifications, you can avert stockouts that could derail your business's growth and sales momentum. These notifications ensure a consistent sales flow and a rising profit trajectory by alerting you to reorder at the most advantageous times. By harnessing accurate data, you can pinpoint the best moments to place orders for peak sales periods, determine the right quantities to order, and identify products with surging demand. Bid farewell to uncertainty and the burden of excess inventory that can negatively impact your cash flow. Furthermore, Forecastly equips you with the knowledge to make strategic decisions that resonate with current market trends, keeping your business agile and thriving in a competitive landscape. This proactive approach not only enhances operational efficiency but also positions your business for long-term success.

What is Amazon Forecast?

Amazon Forecast is an all-encompassing service that employs machine learning to deliver highly accurate forecasting results. In the modern business environment, companies turn to a diverse array of tools, ranging from simple spreadsheets to sophisticated financial planning software, in their efforts to predict future events, such as product demand, resource management, and financial outcomes accurately. These forecasting techniques often rely on historical datasets, referred to as time series data, to inform their predictions. For example, a forecasting application might project the future demand for raincoats based solely on previous sales data, under the assumption that upcoming trends will follow the same trajectory as the past. Nonetheless, this approach can fall short when dealing with large datasets that display unpredictable variations, and it often finds it difficult to accommodate changing data series—such as pricing strategies, promotional offers, website traffic, and workforce numbers—alongside relevant independent factors like product attributes and store locations. As a result, organizations may struggle to generate dependable forecasts in ever-changing circumstances influenced by numerous variables impacting demand and resource allocation. This challenge highlights the importance of adopting advanced forecasting solutions that can adapt to complexity and provide more reliable insights.

Media

Media

Integrations Supported

AWS AI Services
AWS App Mesh
Amazon
Amazon S3

Integrations Supported

AWS AI Services
AWS App Mesh
Amazon
Amazon S3

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Forecast.ly

Company Location

United States

Company Website

www.forecast.ly

Company Facts

Organization Name

Amazon

Date Founded

1994

Company Location

United States

Company Website

aws.amazon.com/forecast/

Categories and Features

Amazon Seller Tools

A/B Testing
Alerts / Notifications
Analytics / Reporting
Campaign Management
Competitor Analysis
Content Management / Optimization
Conversion / ROI Tracking
Customer Data Management
Email Marketing
Feedback Management
Inventory Management
Keyword Tracking / Research
Order Management
PPC Ads Management
Price Optimization
Rank Optimization
Refund Management
Review Management
Sales Tracking / Analysis
Shipping Management
Trend Analysis

Sales Forecasting

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

Categories and Features

Sales Forecasting

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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