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Journal : International Journal Software Engineering and Computer Science (IJSECS)

Product Demand Forecast Analysis Using Predictive Models and Time Series Forecasting Algorithms on the Temu Marketplace Platform Trisolvena, Muhammad Nana; Masruroh, Marwah; Ginting, Yanti Mayasari
International Journal Software Engineering and Computer Science (IJSECS) Vol. 4 No. 2 (2024): AUGUST 2024
Publisher : Lembaga Komunitas Informasi Teknologi Aceh (KITA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/ijsecs.v4i2.2774

Abstract

In the rapidly evolving digital era, the ability to accurately forecast product demand is crucial for marketplace platforms like Temu. Demand uncertainty can lead to issues such as overstock or stockout, both of which negatively impact financial performance and customer satisfaction. This study evaluates the use of predictive models and time series forecasting algorithms to forecast product demand on the Temu platform and identifies the latest trends in 2024. Daily sales data were analyzed using various algorithms, including ARIMA, SARIMA, Facebook's Prophet, and LSTM. The analysis results indicate that the Prophet model and SARIMA algorithm provide more accurate predictions compared to ARIMA and LSTM. The proper implementation of predictive models is expected to enhance operational efficiency and support better strategic decision-making for Temu. By adopting the most suitable forecasting models, Temu can optimize inventory management, reduce costs, and improve responsiveness to market changes
Co-Authors Abdullah, Siti Intan Nurdiana Wong Abunawas, Abunawas Adieli Baene Agus Hocky Akmal, Eri Albert Albert Alitea Moses Riski Sinaga Alvi Furwanti Alwie Andi Irfan, Andi Aprila, Bord Nandre Astarina, Ivalaina Ayu Anora Azizurrohman, Muhammad Bambang Bambang Bendri Bendri Chandra, Stefani Dede Suleman Devianto, Dodi Edi Susilo Eka Kadharpa Utama Dewayani Elfindri, Elfindri Elvera Elvera Endrawati Erwin Wijaya Fadhillah, Arif Febblina Daryanes Febdwi Suryani Fikri, Khusnul Fitrien Ayuda Gita Marantica Grace, Kelvin Gunawan Bata Ilyas Habibi, Putrawan Hafiz Rahman Handriano, Rory Harry Patuan Panjaitan Hasibuan, Reza Rahmadi Ilyas, Gunawan Bata Ilyas, Muh. Fadhel G Bata Imarni Indra Surya Permana Isyandi, B. JANI, AHMAD RAPSAN Kristiono Liestiandre, Hanugerah Kurniawan, Hendrya La Basri Layla Hafni M Hamid M. Irsyad Nur Marwah Masruroh, Marwah Megiwati Megiwati Melan Susanty Purnamasari Moh. Zaini Muchayatin Mutia Pamikatsih Mutiara Dewi Nandang Bekti Karnowati Nova Angri Siagian Noviandry Yuliany Nurulita, Suci Obet Eko Wiranto Oka Widjaya, I Gusti Ngurah Oktariyanto, Oktariyanto Oktaviandri, Akbar Prasetyo, Nanoe Rolin Purwati, Astri Ayu Putra, Dimas Mahendra Ralahallo, Fransiska Natalia Ramadhan, Rian Rahmat Raya Desmawanto Nainggolan Risky Angga Pramuja Rismawati Rismawati Sastra Mico Sherly Sherly Siti Aisyah Siti Aysah, Siti Sudarno Sudiyanti Sudiyanti Sujudah, Azhifa SUTOMO Syamsuri, Abdul Rasyid Tai, Quach Minh Teddy Chandra Trisolvena, Muhammad Nana Widyana Widyana Widyanto, Irfan Yenny Wati Yuli Utami Yulia Nur Hasanah Yupiter Mendrofa Yuslim Yuslim Yusnita Octafilia Theresia A Yesu Infante Zainal, Gempar Maulana Putra Zaki, Hammam Zulhelmi, Zulhelmi