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This project focuses on forecasting monthly sales for Amazon using a combination of time series analysis and ensemble machine learning techniques. Accurate sales predictions are critical for e-commerce businesses to improve inventory planning, reduce operational costs, and make informed marketing and budgeting decisions.

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πŸ“ˆ Amazon Sales Forecasting Using Machine Learning

This project focuses on forecasting monthly sales for Amazon using a combination of time series analysis and ensemble machine learning techniques. Accurate sales predictions are critical for e-commerce businesses to improve inventory planning, reduce operational costs, and make informed marketing and budgeting decisions.

πŸ” Project Overview

  • Goal: Predict monthly sales using historical data to support business decision-making.
  • Techniques Used: Time series preprocessing, feature engineering, ARIMA/SARIMA/Prophet models, ensemble learning (Extra Trees, XGBoost), and stacking.
  • Performance: Achieved an RΒ² score of 0.99 and 100% forecast accuracy within a 30% tolerance using a stacked regression model.

🧰 Key Features

  • Data preprocessing: Handling missing values, resampling, outlier treatment
  • Feature engineering: Lag features, rolling means, seasonal encoding (sin/cos)
  • Time series models: ARIMA, SARIMA, Prophet
  • Machine learning models: Extra Trees Regressor, XGBoost
  • Model evaluation: MAE, RMSE, RΒ² Score, custom accuracy within tolerance thresholds
  • Forecast visualization: Plots with confidence intervals and future sales predictions

πŸ“Š Use Cases

  • Demand forecasting for e-commerce platforms
  • Inventory optimization
  • Marketing campaign planning
  • Business trend analysis

πŸ› οΈ Tech Stack

  • Python (Pandas, NumPy, Matplotlib, Seaborn)
  • Scikit-learn
  • XGBoost
  • Statsmodels (ARIMA/SARIMA)
  • Prophet (by Meta)

About

This project focuses on forecasting monthly sales for Amazon using a combination of time series analysis and ensemble machine learning techniques. Accurate sales predictions are critical for e-commerce businesses to improve inventory planning, reduce operational costs, and make informed marketing and budgeting decisions.

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