Prediction of Product Stock Levels
In this project, we work with a client Gala Groceries, who has contacted Cognizant for logistics advice about product storage
- Specifically, they are interested in wanting to know how better stock the items that they sell.
- Our role is to take on this project as a data scientist and understand what the client actually needs. This will result in the formulation/confirmation of a new project statement, in which we will be focusing on predicting stock levels of products.
- Such a model would enable the client to estimate their product stock levels at a given time & make subsequent business decisions in a more effective manner reducing understocking and overstocking losses.