Understand the impacts of additional features related to stock-out, store closing date or cannibalization on a Machine Learning model for sales forecasting
Implement Models to Visualization, Simulate and Optimize Inventory Management and Demand Forecasting.
Simulate the impact of safety stock level on inventory management performance metrics assuming a normal distribution of your demand
Build a simple model to simulate the impact of several replenishment rules (Basic, EOQ) on the inventory costs and ordering costs
Design Replenishment Strategies to Optimize Inventory and Reduce Number of Deliveries from your Warehouse
Comparative study of Demand Forecasting Methods for a Retail Store (XGBoost Model vs. Rolling Mean)