Predict patterns at the individual product level using historical data sets and personalized parameters (discounts, holidays, marketing events, etc.).
As a single, centralized platform, Dataiku allows for scale across locations, markets, and products. Whether short, medium, or long-term demand forecasts, everyone has access to the right insights for better business decisions.
The Dataiku Solution for Demand Forecasting includes an interactive dashboard for evaluating, interpreting, and monitoring forecast models. This includes the forecast models benchmark, where you can compare deployed models with other baseline models. This helps ensure the model you’re using is yielding the best possible results.
Analyzing short-term fluctuations in customer demand at different times of the year is critical to accurate demand forecasts. The Dataiku Solution for Demand Forecasting provides a ready-to-use, interactive product seasonality dashboard.
Use the pre-built sales monitoring dashboard included in the Dataiku Solution for Demand Forecasting to keep an eye on sales globally. Quickly identify the most popular items or identify trends by store at a glance.
From there, build the demand forecast scenario of your choice. Leverage the interactive web application to understand future sales of selected products.
New product? No problem. This Dataiku Solution allows you to easily forecast product sales at the beginning of their lifecycle with cold start modeling.
The Dataiku Solution for Demand Forecasting helps answer a broad range of questions like:
Go from zero to smarter demand forecasting in minutes, not weeks or months. Dataiku Solutions enable users to quickly get up and running with a table stakes machine learning or AI use case.
Add your historical sales data (transactions) and product data to get started, then build more complexity over time. The Dataiku Solution for Demand Forecasting, along with all Dataiku Solutions, can be infinitely customized to suit your needs as they grow over time.
Why use the Dataiku Solution for Demand Forecasting? Our pre-built project is a fast-track to scaling this foundational machine learning application, opening an accelerated path to markdown, inventory planning, and many more transformational AI use cases.
But it doesn’t stop there. Dataiku also grows your AI maturity to new heights with the power and flexibility of the full platform. Execute on innovative, moonshot use cases — including cutting-edge Generative AI applications — with Dataiku.
A composite organization in the commissioned study conducted by Forrester Consulting on behalf of Dataiku saw the following benefits:
reduction in time spent on data analysis, extraction, and preparation.
reduction in time spent on model lifecycle activities (training, deployment, and monitoring).
return on investment
net present value over three years.