Sales Forecasting for Future Trends :As a Machine Learning Approach

For companies to create well-informeddecisions about resource allocation,marketing tactics, Accurate salesforecasting is crucial for inventory control.The intricacy and unpredictability presentin contemporary markets are frequentlyoverlooked by conventional forecastingtechniques. With its sophisticatedalgorithms that can analyse big datasets,identify non-linear trends, and adapt toshifting market conditions, machinelearning (ML) has become a potent tool forovercoming these constraints. This studyexamines the use of machine learning (ML)in sales forecasting, offering a thoroughexamination of approaches, test results, andreal-world applications. Relevant insights,this study attempts to help researchers andcompanies use machine learning (ML) toimprove sales forecasting and obtain acompetitive advantage in a constantlychanging industry

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Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2025-03-26
DOI
https://doi.org/10.36948/ijfmr.2025.v07i02.39954
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

Sales Forecasting for Future Trends :As a Machine Learning Approach

Meenakshi.R Vimala.S, VENKATACHALAM NR
International Journal For Multidisciplinary Research
Big Data and Business Intelligence
article

Sales Forecasting for Future Trends :As a Machine Learning Approach

Meenakshi.R Vimala.S, VENKATACHALAM NR
article en

Abstract

For companies to create well-informeddecisions about resource allocation,marketing tactics, Accurate salesforecasting is crucial for inventory control.The intricacy and unpredictability presentin contemporary markets are frequentlyoverlooked by conventional forecastingtechniques. With its sophisticatedalgorithms that can analyse big datasets,identify non-linear trends, and adapt toshifting market conditions, machinelearning (ML) has become a potent tool forovercoming these constraints. This studyexamines the use of machine learning (ML)in sales forecasting, offering a thoroughexamination of approaches, test results, andreal-world applications. Relevant insights,this study attempts to help researchers andcompanies use machine learning (ML) toimprove sales forecasting and obtain acompetitive advantage in a constantlychanging industry

International Journal For Multidisciplinary ResearchVol. 7(2)
Openalex Percentile: Top 92%
Big Data and Business Intelligence
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