Research on Retail Goods’ Demand Forecasting
Jin GUO
School of Economics and Management, Chongqing Jiaotong University, Chongqing, CHINA
Abstract: The object of this paper is the supermarket , through studying the existing inventory management problems of retail goods , on the basis of the original ABC inventory management , analyzing the manage- ment of class A product , the paper uses the ARIMA model for demand forecasting of optimal solution . Through this a series of improvements make the retail goods’ management improved, so as to reduce invento- ry management cost and improve the operation efficiency of enterprises.
Keywords: Retail goods; ABC inventory management; ARIMA model; Demand forecasting