Sales ForecastForecast sales in 3000 stores for 5000+ product categories based on weather patterns, holidays, promotions, etc.
Prior SituationHave to move 100GB of data from the warehouse to the analytics platform Data extraction, movement and modeling takes 1 week
- 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
- Linear Regression
- Variable selection using backward substitution