A comparative study of demand forecasting models for a multi-channel retail company: a novel hybrid machine learning approach

A Mitra, A Jain, A Kishore, P Kumar - Operations research forum, 2022 - Springer
Demand forecasting has been a major concern of operational strategy to manage the
inventory and optimize the customer satisfaction level. The researchers have proposed …

Demand forecasting for multichannel fashion retailers by integrating clustering and machine learning algorithms

IF Chen, CJ Lu - Processes, 2021 - mdpi.com
In today's rapidly changing and highly competitive industrial environment, a new and
emerging business model—fast fashion—has started a revolution in the apparel industry …

Demand forecasting using artificial neural networks—a case study of American retail corporation

A Chawla, A Singh, A Lamba, N Gangwani… - Applications of Artificial …, 2019 - Springer
Artificial neural networks (ANNs) provide a way to make intelligent decisions while
leveraging on today's processing power. In this paper, an attempt has been made to use …

Demand forecasting at retail stage for selected vegetables: a performance analysis

R Priyadarshi, A Panigrahi, S Routroy… - Journal of Modelling in …, 2019 - emerald.com
Purpose The purpose of this study is to select the appropriate forecasting model at the retail
stage for selected vegetables on the basis of performance analysis. Design/methodology …

Machine learning-based demand forecasting in supply chains

R Carbonneau, R Vahidov… - International journal of …, 2007 - igi-global.com
Effective supply chain management is one of the key determinants of success of today's
businesses. However, communication patterns between participants that emerge in a supply …

Deep learning with long short-term memory networks and random forests for demand forecasting in multi-channel retail

S Punia, K Nikolopoulos, SP Singh… - … journal of production …, 2020 - Taylor & Francis
This paper proposes a novel forecasting method that combines the deep learning method–
long short-term memory (LSTM) networks and random forest (RF). The proposed method …

A data-driven forecasting approach for newly launched seasonal products by leveraging machine-learning approaches

M Kharfan, VWK Chan, T Firdolas Efendigil - Annals of Operations …, 2021 - Springer
Companies in the fashion industry are struggling with forecasting demand due to the short-
selling season, long lead times between the operations, huge product variety and ambiguity …

Comparative study on retail sales forecasting between single and combination methods

S Aras, İ Deveci Kocakoç, C Polat - Journal of Business Economics …, 2017 - Taylor & Francis
In today's competitive global economy, businesses must adjust themselves constantly to
ever-changing markets. Therefore, predicting future events in the market-place is crucial to …

Demand forecasting with supply‐chain information and machine learning: Evidence in the pharmaceutical industry

X Zhu, A Ninh, H Zhao, Z Liu - Production and Operations …, 2021 - journals.sagepub.com
Accurate demand forecasting is critical for supply chain efficiency, especially for the
pharmaceutical (pharma) supply chain due to its unique characteristics. However, limited …

Demand forecasting using random forest and artificial neural network for supply chain management

N Vairagade, D Logofatu, F Leon… - … Collective Intelligence: 11th …, 2019 - Springer
Demand forecasting is affecting the success of Supply Chain Management (SCM), and the
organizations which support them and are in the early stage of a digital transformation. In a …