Data Science

Inventory Forecasting System with Machine Learning

The retail chain with 100+ stores had $2M in dead stock annually and frequent stockouts of popular items....

Client: Retail ChainIndustry: Retail40% saving
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Inventory Forecasting System with Machine Learning40% saving
4 months
Timeline
Retail
Industry
Retail Chain
Client

The Challenge

The retail chain with 100+ stores had $2M in dead stock annually and frequent stockouts of popular items.

Our Solution

Built a demand forecasting system using LSTM neural networks analyzing sales history, seasonality, weather, and local events to predict demand per store per SKU.

The Results

Overstock reduced by 40% saving $800K annually, stockouts decreased by 65%, inventory turnover ratio improved by 30%.

⚡ Technical Stack & Deliverables

PythonReactPostgreSQLTensorFlowDocker

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