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Big Data

for Sales Forecasting

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Big Data Analytics

Historical Data

  • The chart will show the history of sales by each month including all the products and the variation of sales inventory and new inventory.
  • Big data analytics is the often complex process of examining large and varied data sets, or big data, to uncover information — such as hidden patterns, unknown correlations, market trends and customer preferences — that can help organizations make informed business decisions.

Future Predictions of Data

  • The chart will show the data for the future prediction of sales, inventory predicted and the new inventory.
  • There is a slider available to adjust the new inventory value by increasing or decreasing X percentage. By adjusting this value we can determine whether we can fulfill our sales for the upcoming predicted months. There are some more additional fields which will indicate how much we missed the savings or investment from the past. Similarly the savings or investment for future fields indicate how much investment or savings the company will get by using the future prediction analysis.