Hi Everyone !
📦 Struggling with demand forecasting and inventory management? Businesses often face:
✔️ Overstocking – High storage costs & product waste.
✔️ Stockouts – Lost sales & unhappy customers.
✔️ Unpredictable demand – Seasonal variations & supply chain disruptions.
✔️ Manual inventory planning – Inefficient decision-making processes.
🚀 In this video, we automate demand forecasting & inventory optimization using Python!
By leveraging time series forecasting models and data engineering techniques, we ensure optimal stock levels, reduced costs, and better decision-making.
🔎 What You’ll Learn in This Video:
✔️ How to generate realistic sales & inventory data using Python (pandas & numpy).
✔️ Data cleaning & preprocessing – Handling missing values, standardizing formats, and removing duplicates.
✔️ Time series analysis – Identifying seasonal demand trends.
✔️ Forecasting future demand using the Holt-Winters Exponential Smoothing model.
✔️ Optimizing inventory levels – Calculating safety stock & reorder points.
✔️ Saving the processed data in CSV & Excel for further business insights.
📊 Why This Matters?
💡 Accurate demand forecasting = smarter inventory decisions!
By applying time series forecasting, businesses can:
✅ Reduce excess stock & minimize storage costs.
✅ Prevent stockouts & improve customer satisfaction.
✅ Make data-driven decisions on stock replenishment.
✅ Optimize supply chain efficiency with predictive insights.
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