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Data mining is one of the most essential tools for gathering information from different datasets in almost all recent industries. In this 21st-century, data mining gained attention because of its significance in decision making, and it has become a key component in various industries such as retail. Inventory management requires pre-planned goals and attention to detail, and prioritizing items that require less attention can be a waste of time and resources. Learning indications about customers’ shopping patterns by showing associations among various provides significant value in managing retail inventory. In the present research paper, popular data mining techniques have been applied and analyzed for multi-item inventory management in retail sales stores to show how data mining techniques can optimize and organize the retail inventory.
MD. Imtiaz Uddin. 2020. \u201cApplication and Analysis of Retail Inventory Using Data Mining Techniques\u201d. Global Journal of Computer Science and Technology - G: Interdisciplinary GJCST-G Volume 20 (GJCST Volume 20 Issue G2): .
Crossref Journal DOI 10.17406/gjcst
Print ISSN 0975-4350
e-ISSN 0975-4172
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Total Score: 104
Country: Bangladesh
Subject: Global Journal of Computer Science and Technology - G: Interdisciplinary
Authors: MD. Imtiaz Uddin, Tanvir Ahmed, Redoyan Raz, A.H.M Saiful Islam (PhD/Dr. count: 0)
View Count (all-time): 276
Total Views (Real + Logic): 4579
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Publish Date: 2020 03, Mon
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Data mining is one of the most essential tools for gathering information from different datasets in almost all recent industries. In this 21st-century, data mining gained attention because of its significance in decision making, and it has become a key component in various industries such as retail. Inventory management requires pre-planned goals and attention to detail, and prioritizing items that require less attention can be a waste of time and resources. Learning indications about customers’ shopping patterns by showing associations among various provides significant value in managing retail inventory. In the present research paper, popular data mining techniques have been applied and analyzed for multi-item inventory management in retail sales stores to show how data mining techniques can optimize and organize the retail inventory.
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