Real Time Sales Forecasting
Guided by: Ajay Pratap
1YASH TYAGI, 2SHIVANSH TIWARI
1,2Department of Computer Science and Engineering (Artificial Intelligence) IIMT College Of Engineering, Greater Noida
Email: 1 yashtyagi1402@gmail.com, 2 shivansht656@gmail.com
Abstract:. The project will offer a full sales and inventory management system in real time. It is backed by PostgreSQL and automated using a strong Python-based backend. The system is built to assist retailers in managing future sales trends in inventory and forecasts, offering a full data pipeline from prognosis and visualization work and preprocessing. PostgreSQL ensures scalable and reliable data storage and facilitates high-performance queries using optimization methods like indexing and query limiting. These optimizations are designed to offer real-time awareness of dashboards and reports and a smooth user experience. These scripts perform data cleaning, such as double removal, formation standardization, zero value handling, and field validation, to ensure high data integrity. Upon sanitizing, produce a 12-month sales transaction based on information from forecasting models like exponential smoothing models. Forecasts enable organizations to anticipate trend patterns in demand, reduce attacks and overstocking, and streamline their selling plans. One can upload CSV files visualizing forecast costs and download processed data records through this interface. Dynamic diagrams and charts enable users to track inventory and sales trends in real time. These dashboards are built for decision-makers and offer visualizations of performance metrics, historical trends and predictive analytics at one glance. It is a compelling tool for businesses operating in the data-rich retail culture, allowing for proactive inventory management, data control decisions, and strategic demand planning.
Keywords: Real-Time Inventory Management, Sales Forecasting, PostgreSQL, Python Automation, Data Cleaning, Time Series Forecasting, Flask Web Application, Power BI Integration, Inventory Optimization, Business Analytics
