International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 3 (May-June 2025) Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

Enhancing Demand Forecast Accuracy for FMCG Products Using SupplySeers Time Series Models and Permutation Complexity

Author(s) Ms. Jesca Paidamoyo Dambanemuya
Country Zimbabwe
Abstract This paper focuses on enhancing demand forecasting accuracy for Fast-Moving Consumer Goods (FMCG) using innovative methodologies, specifically SupplySeers Time Series Models and the concept of permutation complexity. With the challenges of traditional forecasting methods, which often fail to account for the complexities of consumer behaviour and market volatility, this research seeks to provide a robust framework to improve predictive performance.
The study adopts a quantitative and experimental research design, which includes phases of data preparation, exploratory data analysis, model development, and evaluation. Key findings indicate that SupplySeers models significantly outperform traditional methods such as ARIMA and Holt-Winters, particularly in capturing non-linear and seasonal trends typical in FMCG sales data. Additionally, permutation complexity serves as an effective metric for evaluating time series predictability, facilitating tailored model selection based on the complexity level of the data.
A proposed hybrid forecasting model integrates SupplySeers Time Series Engine with permutation complexity filtering, allowing for dynamic adaptation to varying demand patterns. This approach not only enhances forecast accuracy by up to 25% compared to standalone models but also offers a scalable solution applicable to diverse FMCG datasets.
The implications of this research are far-reaching, providing FMCG companies with the tools to optimize inventory management and enhance decision-making processes. The study concludes with actionable recommendations for stakeholders to adopt complexity-aware forecasting systems, ensuring better anticipation of demand fluctuations and improved market responsiveness.
Keywords supplyseers, fmcg, time series ,demand forecasting
Field Computer > Artificial Intelligence / Simulation / Virtual Reality
Published In Volume 7, Issue 3, May-June 2025
Published On 2025-06-19
DOI https://doi.org/10.36948/ijfmr.2025.v07i03.48001
Short DOI https://doi.org/g9qxb9

Share this