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AI·Retail

Inventory Forecasting Engine

Seasonal demand swings caused frequent overstock and stockouts, eating into margins.

Overview

We built an ensemble forecasting system that combines historical sales data with external signals to predict demand at the SKU-location level, replacing spreadsheet-based buyer intuition with data-driven reorder decisions.

Client

A specialty retailer with...

Timeline

14 weeks

Team

2 engineers

Industry

Retail

The Challenge

A specialty retailer with multiple locations struggled with inventory planning. Products had strong seasonal patterns, but existing forecasting relied on spreadsheets and buyer intuition, leading to frequent stockouts of popular items and heavy markdowns on excess inventory. The margin erosion was unsustainable.

Our Approach

1

Integrated POS data, inventory levels, and external signals (weather, local events, holidays) into a unified data pipeline

2

Built ensemble forecasting models combining statistical methods with gradient boosting for SKU-level predictions

3

Created automated reorder point calculations with safety stock optimization based on lead times and demand variability

4

Developed a buyer dashboard with scenario planning so merchandising teams can run what-if analyses before major ordering decisions

Key Results

30%

Less Overstock

50%+

Fewer Stockouts

2x

Faster Reorder Decisions

14 wks

Delivered In

Overstock reduced by 30%, recovering significant markdown losses

Stockout frequency dropped by over 50%

Inventory turnover improved noticeably within the first two quarters

Buyers spend significantly less time on routine reorder decisions

We used to guess. Literally — our buyers would look at last year's numbers and adjust by feel. Now we have actual forecasts that account for things we never thought to factor in, like local events. The markdowns alone justify the investment.

Head of Merchandising, Specialty Retailer

Tech Stack

Pythonscikit-learnProphetAirflowPostgreSQLStreamlit

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