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Connecting companies with
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Call: 08040138089 / 9599821232

Email: info@qollabb.com

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Optimizing Retail Stock Levels Through AI-Powered Demand Prediction

PinsoutMarketing
LocationRemote
#HiringActivily
#TopOpportunity

Project Objectives:

Problem: Retailers face overstock or stockouts due to poor demand forecasting.

Outcome: Develop an AI-driven model to optimize inventory levels based on sales predictions.

Project Tasks:

Week 1-2: Data Collection & Cleaning

Gather past sales, supplier, and seasonal data.

Handle missing values & format datasets.

Week 3-4: Exploratory Data Analysis (EDA)

Analyze sales trends & seasonal effects.

Identify inventory inefficiencies.

Week 5-6: Forecasting Model Development

Train ML models (ARIMA, LSTMs, Prophet).

Compare forecasting accuracy.

Week 7-8: Optimization Algorithms

Implement demand-supply balancing strategies.

Integrate reinforcement learning for adaptive inventory control.

Week 9-10: Dashboard Development

Visualize stock levels & demand trends.

Develop alert systems for low stock levels.

Week 11-12: Final Report & Business Strategy

Document AI-based inventory strategies.

Provide insights for warehouse & procurement teams.

Educational Qualifications

BBAM.ComMBAPGDM

Required Skills

Inventory Forecasting Using Ai/MlTime Series Modeling (Arima, Lstm, Prophet)Reinforcement Learning For Inventory ControlData Visualization & Dashboarding (Power Bi, Tableau)Business Strategy & Supply Chain Analytics