Daily retail demand forecasting using machine learning with emphasis on calendric special days

J Huber, H Stuckenschmidt - International Journal of Forecasting, 2020 - Elsevier
Demand forecasting is an important task for retailers as it is required for various operational
decisions. One key challenge is to forecast demand on special days that are subject to vastly …

[HTML][HTML] Machine learning outperforms classical forecasting on horticultural sales predictions

F Haselbeck, J Killinger, K Menrad, T Hannus… - Machine Learning with …, 2022 - Elsevier
Forecasting future demand is of high importance for many companies as it affects
operational decisions. This is especially relevant for products with a short shelf life due to the …

[HTML][HTML] Approaching sales forecasting using recurrent neural networks and transformers

I Vallés-Pérez, E Soria-Olivas, M Martínez-Sober… - Expert Systems with …, 2022 - Elsevier
Accurate and fast demand forecast is one of the hot topics in supply chain for enabling the
precise execution of the corresponding downstream processes (inbound and outbound …

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 …

Classification-based model selection in retail demand forecasting

M Ulrich, H Jahnke, R Langrock, R Pesch… - International Journal of …, 2022 - Elsevier
Retailers supply a wide range of stock keeping units (SKUs), which may differ for example in
terms of demand quantity, demand frequency, demand regularity, and demand variation …

Cluster-based hierarchical demand forecasting for perishable goods

J Huber, A Gossmann, H Stuckenschmidt - Expert systems with …, 2017 - Elsevier
Demand forecasting is of particular importance for retailers in the context of supply chains of
perishable goods and fresh food. Such goods are daily produced and delivered as they …

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 …

Time series forecasting and modeling of food demand supply chain based on regressors analysis

SK Panda, SN Mohanty - IEEE Access, 2023 - ieeexplore.ieee.org
Accurate demand forecasting has become extremely important, particularly in the food
industry, because many products have a short shelf life, and improper inventory …

Forecasting seasonal demand for retail: A Fourier time-varying grey model

L Ye, N Xie, JE Boylan, Z Shang - International Journal of Forecasting, 2024 - Elsevier
Seasonal demand forecasting is critical for effective supply chain management. However,
conventional forecasting methods face difficulties accurately estimating seasonal variations …

Predictive analytics for demand forecasting: A deep learning-based decision support system

S Punia, S Shankar - Knowledge-Based Systems, 2022 - Elsevier
The demand is often forecasted using econometric (regression) or statistical forecasting
methods. However, most of these methods lack the ability to model both temporal (linear and …