Authors :
Pankaj Kumar Gupt; Dr. Anita Pal
Volume/Issue :
Volume 10 - 2025, Issue 2 - February
Google Scholar :
https://tinyurl.com/549r5f6j
Scribd :
https://tinyurl.com/24pckbub
DOI :
https://doi.org/10.5281/zenodo.14964552
Abstract :
Predictive analytics in fashion retail leverages data mining techniques to forecast trends, customer preferences,
and inventory demands. This paper explores the application of data mining algorithms to predict sales, optimize stock
levels, and enhance customer experiences. By analyzing historical sales data, customer behaviors, and external factors, the
study aims to provide insights that empower retailers to make informed business decisions. The research adopts a
structured methodology, employing machine learning models and data preprocessing techniques to ensure accurate
predictions. Results indicate significant improvements in inventory management and customer satisfaction, validating the
potential of predictive analytics in fashion retail.
Keywords :
Predictive Analytics, Fashion Retail, Data Mining, Machine Learning, Sales Forecasting, Inventory Optimization, Customer Behavior.
References :
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- Fildes, R., & Goodwin, P. (2007). Good and Bad Judgment in Forecasting: Lessons from Four Companies. Foresight: The International Journal of Applied Forecasting, 8, 5-10.
- Hastie, T., Tibshirani, R., & Friedman, J. (2009). The Elements of Statistical Learning: Data Mining, Inference, and Prediction. Springer.
- Hyndman, R. J., & Athanasopoulos, G. (2018). Forecasting: Principles and Practice. OTexts.
- Kim, J., & Kang, S. (2019). Data Mining Techniques for Predicting Fashion Sales. Journal of Retailing and Consumer Services, 49, 13-23.
- Shmueli, G., Patel, N. R., & Bruce, P. C. (2010). Data Mining for Business Intelligence: Concepts, Techniques, and Applications. Wiley.
- Wang, Y., & Yu, L. (2020). Predictive Analytics for Retail Inventory Management Using Machine Learning Algorithms. Expert Systems with Applications, 160, 113731.
- Wu, X., Kumar, V., Quinlan, J. R., Ghosh, J., Yang, Q., Motoda, H., & Steinberg, D. (2008). Top 10 Algorithms in Data Mining. Knowledge and Information Systems, 14(1), 1-37.
- Zhang, G., & Qi, M. (2005). Neural Network Forecasting for Seasonal and Trend Time Series. European Journal of Operational Research, 160(2), 501-514.
Predictive analytics in fashion retail leverages data mining techniques to forecast trends, customer preferences,
and inventory demands. This paper explores the application of data mining algorithms to predict sales, optimize stock
levels, and enhance customer experiences. By analyzing historical sales data, customer behaviors, and external factors, the
study aims to provide insights that empower retailers to make informed business decisions. The research adopts a
structured methodology, employing machine learning models and data preprocessing techniques to ensure accurate
predictions. Results indicate significant improvements in inventory management and customer satisfaction, validating the
potential of predictive analytics in fashion retail.
Keywords :
Predictive Analytics, Fashion Retail, Data Mining, Machine Learning, Sales Forecasting, Inventory Optimization, Customer Behavior.