Advanced AI for Demand Forecast in Fashion and Apparel Retailing

The ultimate objective of the project is to develop an AI-based framework addressing the forecasting needs of a typical fashion and apparel retailer. The project activities involve development of models predicting demand for particular fashion and apparel items in the context of different customer groups, as well as techniques for identifying fashion trends. The developed […]

Read More
Advanced AI for Demand Forecast, Assortment Planning and Plan Monitoring in Fashion and Apparel Retailing

Retailers require reliable demand forecasts for their operations management and planning. Demand forecasting for fashion products is, however, an extremely challenging task. A good solution for this problem should address at least the following three questions: (i) high volatility of demand and its dependence on external factors (ii) forecasting flexibility for different spatio-tempo-hierarchical aggregation levels, […]

Read More