DEMICON Insights

Precise forecasts through Machine Learning

Written by DEMICON | Dec 4, 2024 10:46:55 AM

100% increase in accuracy.

The expertise of our customer from the logistics sector lies in logistics services- services as well as logistics conception, warehousing, transport logistics and plant engineering.


MISSION

Optimising the accuracy of the forecast for the procurement of goods, warehousing and overall logistics.

 

SOLUTION

Our demicon experts transferred the existing data, some of which had been created manually, to the AWS Forecast service. By choosing an algorithm, new forecast results could be produced, compared with historical data and thus achieve an immediate improvement in accuracy. With each additional input, the service gathers information on our customer's logistics behaviour.

 

SUCCESS STORY

The use of AWS Forecast has improved the weekly ordering process by 75 percent through automated forecasting, resulting in a 100 percent increase in accuracy. This reduces overproduction, avoids idle time and saves costs.

 

SERVICES IN USE

  • EC2 (VIRTUAL MACHINE)
  • AWS FORECAST (PROGNOSES BASED ON MACHINE LEARNING)
  • S3 (OBJECT MEMORY SERVICE)
  • TERRAFORM (INFRASTRUCTURE AS CODE)

 

With our expertise as an AWS Advanced Consulting Partner, we can also help you write your personal success story.

 

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