• Corpus ID: 26647351

Issues on Sales Forecasting for Apparel Industry

@inproceedings{Abbas2017IssuesOS,
  title={Issues on Sales Forecasting for Apparel Industry},
  author={O Abbas and Khurram Shahzad and Ghulam Ali and Umar Sarwar},
  year={2017}
}
Sales forecasting has now become backbone of business industry due to change in the nature of business operations (Free on Board to Demand change Management). DCM business model requires that sales should be predicted first before actual order received. Prediction is always a challenging task. Moreover the sale forecast has become more critical, as the demand is uncertain. In this thesis, complete systemized forecasting method is proposed to fulfill the needs of supplier in apparel or fashion… 

Figures from this paper

References

SHOWING 1-10 OF 41 REFERENCES
Forecasting of Seasonal Apparel Products
TLDR
A model which uses retailer pre- orders of seasonal apparel articles before the start of their production to estimate later, additional post-orders of the same articles during the actual sales periods is proposed, which allows forecasting of total customer demand based on the pre-orders.
Sales Forecasting for Fashion Retailing Service Industry: A Review
Sales forecasting is crucial for many retail operations. It is especially critical for the fashion retailing service industry in which product demand is very volatile and product’s life cycle is
Demand Forecasting in the Fashion Industry: A Review
Forecasting demand is a crucial issue for driving efficient operations management plans. This is especially the case in the fashion industry, where demand uncertainty, lack of historical data and
Improved supply chain management based on hybrid demand forecasts
Forecasting women's apparel sales using mathematical modeling
TLDR
Two approaches have been investigated for forecasting women's apparel sales, statistical time series modeling, and modeling using ANNs, and the model based on ANN gave a higher R2 average than that of statistical models, but correlations between actual and forecasted were lower than those found with Winters' three parameter model.
Classification based Expert Selection for Accurate Sales Forecasting
TLDR
It has been demonstrated that this forecasting system succeeds in producing a forecast that is more accurate than the Holt Winter method, which is a standard method of forecasting.
...
...