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A survey on retail sales forecasting and prediction in fashion markets.

Authors :
Beheshti-Kashi, Samaneh
Karimi, Hamid Reza
Thoben, Klaus-Dieter
Lütjen, Michael
Teucke, Michael
Source :
Systems Science & Control Engineering; Dec2015, Vol. 3 Issue 1, p154-161, 8p
Publication Year :
2015

Abstract

Sales forecasting is an essential task in retailing. In particular, consumer-oriented markets such as fashion and electronics face uncertain demands, short life cycles and a lack of historical sales data which strengthen the challenges of producing accurate forecasts. This survey paper presents state-of-the-art methods in the sales forecasting research with a focus on fashion and new product forecasting. This study also reviews different strategies to the predictive value of user-generated content and search queries. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
21642583
Volume :
3
Issue :
1
Database :
Complementary Index
Journal :
Systems Science & Control Engineering
Publication Type :
Academic Journal
Accession number :
139413607
Full Text :
https://doi.org/10.1080/21642583.2014.999389