AI Use Case
Forecast new product demand
Forecast demand to ensure product and service availability to limit out of stock or over stock situations for new product introductions.
Function
Marketing
Product Marketing
Benefits
Operational Support - Demand forecasting
Case Studies
Bloomberg LP Kansas State University~Researchers improve film box office success prediction using machine learning transduction algorithms,Choosy~Choosy plans to design and sell apparel according to popular social media trends ,H&M~H&M improve single store sales by improving inventory planning through machine learning to discover trends on social media,Starcorp~Starcorp chooses which projects to pursue by evaluating probability of success as well as risks associated with different options using machine learning,ScriptBook~ScriptBook produces financial forecasts for films based on their scripts using machine learning and natural language processing
Potential Vendors
Apgate
Industry
Data Sets
Structured / Semi-structured
AI Technologies
Machine Learning (ML),Traditional AI,ML Task - Prediction - Regression