Retail forecasting: Research and practice

R Fildes, S Ma, S Kolassa - International Journal of Forecasting, 2022 - Elsevier
This paper reviews the research literature on forecasting retail demand. We begin by
introducing the forecasting problems that retailers face, from the strategic to the operational …

Artificial neural networks in business: Two decades of research

M Tkáč, R Verner - Applied Soft Computing, 2016 - Elsevier
In recent two decades, artificial neural networks have been extensively used in many
business applications. Despite the growing number of research papers, only few studies …

[HTML][HTML] Time-series forecasting of seasonal items sales using machine learning–A comparative analysis

Y Ensafi, SH Amin, G Zhang, B Shah - International Journal of Information …, 2022 - Elsevier
There has been a growing interest in the field of neural networks for prediction in recent
years. In this research, a public dataset including the sales history of a retail store is …

A machine learning approach to predict air quality in California

M Castelli, FM Clemente, A Popovič, S Silva… - …, 2020 - Wiley Online Library
Predicting air quality is a complex task due to the dynamic nature, volatility, and high
variability in time and space of pollutants and particulates. At the same time, being able to …

Predictive analytics for demand forecasting–a comparison of SARIMA and LSTM in retail SCM

T Falatouri, F Darbanian, P Brandtner… - Procedia Computer …, 2022 - Elsevier
The application of predictive analytics (PA) in Supply Chain Management (SCM) has
received growing attention over the last years, especially in demand forecasting. The …

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 …

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 …

An empirical comparison of machine learning models for time series forecasting

NK Ahmed, AF Atiya, NE Gayar… - Econometric …, 2010 - Taylor & Francis
In this work we present a large scale comparison study for the major machine learning
models for time series forecasting. Specifically, we apply the models on the monthly M3 time …

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 …

Demand forecasting in supply chain: The impact of demand volatility in the presence of promotion

M Abolghasemi, E Beh, G Tarr, R Gerlach - Computers & Industrial …, 2020 - Elsevier
The demand for a particular product or service is typically associated with different
uncertainties that can make them volatile and challenging to predict. Demand …