© Leanne Luce 2019
Leanne LuceArtificial Intelligence for Fashionhttps://doi.org/10.1007/978-1-4842-3931-5_10

10. Deep Learning and Demand Forecasting

Leanne Luce1 
(1)
San Francisco, CA, USA
 

Machine learning drives our algorithms for demand forecasting, product search ranking, product and deals recommendations, merchandising placements, fraud detection, translations, and much more.

—Jeff Bezos, CEO, Amazon

Demand forecasting is a branch of predictive analytics that focuses on gaining an understanding of consumer demand for goods and services. If demand can be understood, brands can control their inventory to avoid overstocking and understocking products. While there is no perfect forecasting model, using demand forecasting as a tool can help ...

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