NEXTtensor

Predictive Sales Analytics for Retail Businesses

Objective: To develop a predictive analytics model to forecast future sales, optimize stock levels, and improve supply chain efficiency.

    • Intelligent Data Solutions

Solution:
We built a time-series forecasting model using historical sales data and external factors such as seasonal trends, holidays, and promotions. The model was designed to provide accurate sales predictions and help with inventory management and demand planning.
Outcome:
We have experienced a 15% reduction in stock-outs and a 20% improvement in overall inventory management, leading to more e3icient operations and higher customer satisfaction.