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Title
1 An Intelligent Approach to Demand Forecasting
6 Determining the Appropriate Demand Forecasting Using Time Series Method: Study Case
at Garment Industry in Indonesia
10 Predictive big data analytics for supply chain demand forecasting: methods, applications,
and research opportunities
Time-series model is developed in R-Studio and Regression Based model using the data
mining algorithms developed in Python. After the results are generated, Ensemble of
results is validated and generated using the Microsoft Excel.
Ensemble of the results of time-series model and regression based model gives a better
result due to the fact of nullifying the over-forecasting and under-forecasting and bringing
the forecast values near to the actual.
In this research, the projected stochastic gradient (PSG) method was proposed to increase
the efficiency of the SCM analysis.
The proposed PSG method offers superior performance due to the better convergence
property of the method. The proposed method provides accurate demand prediction in a
dynamic environment, as well as maximizes profit in a multi-echelon supply chain.
Developed a dynamic model that can be used to evaluate supply chain process
improvements under consideration of different forecast methods.
Used the service level (fill rate) and the average on-hand inventory for evaluation a
bullwhip effect measure
Development and implementation of a pricing decision support tool used to maximize first
exposure styles’ revenue for Rue La La and found that regression trees with bagging
outperformed other regression methods we tested on a variety of performance metrics.
This paper focuses on comparison of Different forecast methods among Linear Regression,
Random Forest, XGBoost, Gradient Boosting Machine, Adaboost etc. with the Hybrid
model of RF-XGBoost-LR to find that hybrid model gives the least error.
The performance measurement metrics were: MAE,MSE,R2 score.
Sales data of the retail company with various attributes are trained to introduce a newer
more advanced model of veracity.
The aim of this research is to determine the appropriate of demand forecasting method
which gives a best performance and compatible for the company by comparing four
forecasting methods. Based on the data analysis using simple moving average, simple
exponential smoothing, holt's model and winter's model, the best demand forecasting
method that compatible for PT XYZ is simple moving average.
Linear regression analysis to predict the demand of housing space required as a result of
growing population in the Erode district of Tamil Nadu.
Input as: Free space available in city, population, no. of residential and government
buildings, area etc.
In this study, a thorough review for applications of predictive big data analytics (BDA) in SC
demand forecasting has been performed.
The survey overviewed the BDA methods applied to supply chain demand forecasting and
provided a comparative categorization of them.
We collected and analyzed these studies with respect to methods and techniques used in
demand prediction.
Seven mainstream techniques were identified and studied with their pros and cons.
The neural networks and regression analysis are observed as the two mostly employed
techniques, among others.
In the context of the fast-moving consumer goods (FMCG) industry, most of the papers
from this research investigation show that Machine Learning results in better demand
predictability than the use of traditional models.
Improvement in inventory management due to better decisions on production and
distribution.
The decrease in the occurrence of stockouts, which cause a shortage of items in stores, is
also mentioned, as well as the greater availability of products at the points of sale, thus
increasing revenue and customer satisfaction.