Jiko (Jurnal Informatika dan komputer)
Vol 7, No 2 (2024)

FORECASTING SALES USING SARIMA MODELS AT THE SINAR PAGI BUILDING MATERIALS STORE

Aminullah, Ahmad Adiib (Unknown)
Idhom, Mohammad (Unknown)
Saputra, Wahyu Syaifullah Jauharis (Unknown)



Article Info

Publish Date
29 Jul 2024

Abstract

Sinar Pagi Building Materials Store faces the challenge of maintaining optimal stock levels of goods to avoid excess and understock, which affects customer satisfaction and operational efficiency. This study applies the Seasonal Autoregressive Integrated Moving Average (SARIMA) method to forecast sales in the store. Leveraging its ability to model seasonal patterns on historical sales data, various SARIMA models were analyzed and compared using the Akaike Information Criterion (AIC) and Root Mean Square Error (RMSE). The dataset is divided by a 95:5 ratio into training and testing sets for robust evaluation. The results show that the SARIMA model with SARIMA notation (p,d,q)(P,D,Q  has the best model value of (1,0,0) . This model is the most suitable model based on the lowest AIC value of 1245 and the lowest RMSE of 7,95 compared to other SARIMA models after model identification using the model looping test. For other models such as model (1,0,1)  and (0,0,1) , the AIC and RMSE values are greater, namely model (1,0,1)  with AIC 1246 and RMSE of 8,05, while model (0,0,1)  gets an AIC of 1252 and an AIC of 8,15 .The lower the AIC value, the better the model and the lower the RMSE value, the better the model. This shows a superior balance between model complexity and prediction accuracy. The model manages to capture seasonal patterns in sales data, providing a pretty good prediction framework. This study shows that the SARIMA (1,0,0)  model is effective in the accuracy of the sales forecasting process so that Sinar Pagi Building Materials Store can make more reliable sales predictions, which can help in inventory planning and marketing strategies

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Journal Info

Abbrev

jiko

Publisher

Subject

Computer Science & IT

Description

Jiko (Jurnal Informatika dan Komputer) Ternate adalah jurnal ilmiah diterbitkan oleh Program Studi Teknik Informatika Universitas Khairun sebagai wadah untuk publikasi atau menyebarluaskan hasil - hasil penelitian dan kajian analisis yang berkaitan dengan bidang Informatika, Ilmu Komputer, Teknologi ...