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Retail – Supply Chain Forecasting:

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Key Challenge

Managing hundreds of SKUs across thousands of stores with sparse, irregular, and extensive data required overcoming significant challenges.

Solution

Evolve AI Labs implemented time series smoothing, hierarchical modelling, and MLOPs to address sparsity and irregularity in the client’s supply chain data, improving accuracy in demand forecasting.

Impact

The solution led to a sales revenue improvement of approximately 14% for the leading tobacco firm.

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