Optimizing Inventory for Fashion Stores using AI
- DOI
- 10.2991/978-94-6463-831-8_3How to use a DOI?
- Keywords
- Inventory Optimization; Fashion Retail; Machine Learning; XGBoost; FastAPI; Angular; Demand Forecasting
- Abstract
Effective inventory management is crucial in the fast-paced fashion retail industry, particularly for dynamic product categories like men’s T-shirts. This research proposes a full-stack AI-driven inventory optimization framework that integrates advanced forecasting models, real-time dashboards, and automated reporting workflows. The system utilizes an XGBoost regressor for accurate demand forecasting, a FastAPI backend for predictive API services, and an Angular 19 frontend for real-time visualization. Additionally, APScheduler is employed for automated email dispatches containing inventory reports and restocking alerts. Implementation on simulated datasets yielded a forecasting accuracy of 92.3%, with a 27% reduction in unsold inventory and significantly improved restocking decisions. These results highlight the system’s potential for enhancing operational efficiency, minimizing both overstocking and understocking scenarios.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Manisha Dhage AU - Atharva Hemant Phadtare AU - Vedant Jayram Kawthalkar AU - Harsh Amit Mehta AU - Lobhas Niraj Nivsarkar PY - 2025 DA - 2025/08/31 TI - Optimizing Inventory for Fashion Stores using AI BT - Proceeding of the 1st International Conference on Lifespan Innovation (ICLI 2025) PB - Atlantis Press SP - 16 EP - 22 SN - 2468-5739 UR - https://doi.org/10.2991/978-94-6463-831-8_3 DO - 10.2991/978-94-6463-831-8_3 ID - Dhage2025 ER -