Sales Forecast
Forecast sales in 3000 stores for 5000+ product categories based on weather patterns, holidays, promotions, etc.
Prior Situation
Have to move 100GB of data from the warehouse to the analytics platform Data extraction, movement and modeling takes 1 week
Value Add
  • Using Teradata + DB Lytix, modeling and scoring accomplished in less than 1 hour
  • Massive performance gain which enables timely actions for inventory management
  • Enormous savings by eliminating wastage of perishables
Analytics Used
  • Linear Regression
  • Variable selection using backward substitution