UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
Call for Paper
Volume 11 | Issue 5 | May 2024

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

Volume 11 Issue 5
May-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIR2405476


Registration ID:
539481

Page Number

e656-e662

Share This Article


Jetir RMS

Title

RETAIL SALES PREDICTION USING MACHINE LEARING AND DEPLOYEMENT WITH AWS SAGEMAKER

Abstract

Abstract—Sales forecasting is a typical function which more often than not revolves around the process of asking about the number of items sold or popularity of a product in some period of time. Making such revenue forecasts enables companies to have more realistic budgets, as data analysis facilitates informed formulation of strategic plans for the future. Budget, revenue allocation, and future advents strategies are all affected by the revenue forecasts that are produced, as another reflection of its key role. Contrasting with the category of targets above, the expected sales are the assumptions about the business performance in the future which immigrants from the historic performance data, available trends, and improvement initiatives for a verification of accuracy. In this evaluation, two different kinds of forecasts: digital and shopper, is analyzed by applying machine learning algorithms in a European retail drug-store chain for a 6-weeks period. We implement machine learning techniques and data analysis to build a very useful instrument which predicts store sales to managers on time and fills their schedules with efficient employees to promote productivity. Libraries of Python programming and math machine implements — matplotlib, scikit-learn, NumPy and Pandas — were presented to a make the set of algorithms wide like Random Forest, Decision Tree and Linear Regression flexible. In this scheme, we used RMSE Index for assessing the performance of our model which is a tool that provides both the accuracy and also acts as a metric.

Key Words

Retail sales prediction Machine learning algorithms Rossman store dataset Ensemble modeling Feature selection Predictive analytics Sales forecasting Business intelligence Data-driven decision-making Retail industry insights

Cite This Article

"RETAIL SALES PREDICTION USING MACHINE LEARING AND DEPLOYEMENT WITH AWS SAGEMAKER", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 5, page no.e656-e662, May-2024, Available :http://www.jetir.org/papers/JETIR2405476.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"RETAIL SALES PREDICTION USING MACHINE LEARING AND DEPLOYEMENT WITH AWS SAGEMAKER", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 5, page no. ppe656-e662, May-2024, Available at : http://www.jetir.org/papers/JETIR2405476.pdf

Publication Details

Published Paper ID: JETIR2405476
Registration ID: 539481
Published In: Volume 11 | Issue 5 | Year May-2024
DOI (Digital Object Identifier):
Page No: e656-e662
Country: Kapurthala, Punjab, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

00054

Print This Page

Current Call For Paper

Jetir RMS