Design and implementation of sales forecasting system for efficient supply chain management
There are businesses which deal in delivering goods to small or big vendors. Those goods may be their own manufactured product or goods bought and stored in a warehouse. Those business owners firstly find customers to sell their goods and then have to deliver the goods to specified customers.
2025-06-28 16:31:44 - Adil Khan
Design and implementation of sales forecasting system for efficient supply chain management
Project Area of Specialization Computer ScienceProject SummaryThere are businesses which deal in delivering goods to small or big vendors. Those goods may be their own manufactured product or goods bought and stored in a warehouse. Those business owners firstly find customers to sell their goods and then have to deliver the goods to specified customers.
The system we are developing is a supply chain management system. It will have all the features to reduce the problems faced by supply chain managers and will use modern techniques of mining to help business owners forecast sales. A supply chain deals with the dynamic streamlining of a stock business exercises to expand client esteem and addition a focused benefit in the market Supply chain management (SCM) is planned in an approach to improve correspondence, joint effort and coordination with sellers, transportation and delivery.
Our project will be system for the management of customer and sales relationship. It will provide business owners the ability to handle its customer database, manage inventory of goods and track the delivery goods all in one place on a web application. Furthermore, it will allow the sales team of the business owner the ability to order goods based on its availability. Customer of the client will also be able to see his/hers order history and track the delivery goods on the web application. The client will also be able to check the demand of future goods based on previous sales.
Data mining application are characterized by the ability to deal with the explosion of business data and accelerated market changes, these characteristics help providing powerful tools for decision makers, such tools can be used by business users for analysing huge amount of data for patterns and trends. Our project will provide a data mining solution that can be used for automotive market and many other areas. We will try to develop computational theories and tools that will allow the transformation of all the data gathered by companies into knowledge that will be useful to their decision-making processes.
Project ObjectivesOur project will provide a data mining solution that can be used for automotive market and many other areas. We will try to develop computational theories and tools that will allow the transformation of all the data gathered by companies into knowledge that will be useful to their decision-making processes.
Project Implementation MethodData mining using XGBoost Algorithm
Admin Panel in PHP
Web application in HTML,JS,CSS
Database in MYSQL
Benefits of the Project- Better collaboration
- Improved quality control
- Higher efficiency rate
- Keeping up with demand
- Shipping optimization
- Reduced overhead costs
- Improved risk mitigation
- Improved cash flow
Web application,e-commerce website for supply chain
Final Deliverable of the Project Software SystemCore Industry ITOther Industries Education Core Technology OthersOther Technologies Artificial Intelligence(AI)Sustainable Development Goals Industry, Innovation and InfrastructureRequired Resources| Item Name | Type | No. of Units | Per Unit Cost (in Rs) | Total (in Rs) |
|---|---|---|---|---|
| Total in (Rs) | 14000 | |||
| RAM | Equipment | 1 | 4000 | 4000 |
| hard drive | Equipment | 1 | 10000 | 10000 |