Aim:
Ā Ā Ā Ā Ā Ā Ā Ā Ā The aim of this research is to develop an integrated system that optimizes product placement and enhances in-store navigation using advanced data analytics and graph-based techniques.
Ā Abstract:
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Efficient product placement and seamless store navigation are key to enhancing the customer shopping experience and boosting retail sales. This research presents a novel approach that integrates the SARIMAX model and Neo4j graph database to address these challenges. The SARIMAX model forecasts product demand based on historical sales data, enabling the strategic placement of high-demand items in highly visible aisles. Concurrently, Neo4j is employed to model the store layout and compute the shortest paths for customers to navigate efficiently based on their shopping lists.
Ā Ā Ā Ā Ā Ā By leveraging predictive analytics and graph-based optimization, this methodology helps retailers make data-driven decisions, enhancing operational efficiency and customer satisfaction. The integration of these technologies not only simplifies the shopping journey but also drives higher sales and fosters customer loyalty, making it a valuable solution for modern retail environments.
Introduction:
Ā Ā Ā Ā Ā Ā Ā Ā Traditional product placement often relies on intuition, but advances in data analytics and machine learning enable data-driven strategies. This research combines the SARIMAX model, for forecasting product demand using historical sales data, with Neo4j, a graph database system, to address these challenges. The SARIMAX model identifies high-demand items for placement in visible aisles, while Neo4j computes the shortest navigation paths based on customer shopping lists. By integrating predictive analytics with graph-based optimization, this approach empowers retailers to improve sales and streamline customer journeys, offering a seamless and efficient shopping experience.
Existing System:
Ā Ā Ā Ā Ā The current system for product placement and store navigation relies on manual methods and traditional practices. Product placement is based on general trends, customer feedback, and heuristics rather than advanced data analytics. While some stores use historical sales data for basic product placement decisions, these methods donāt consider real-time demand predictions or the best paths for customers to take. Store navigation is typically static, with signs or printed maps guiding customers. This results in a suboptimal shopping experience, especially in large stores where customers can spend considerable time searching for items.
Ā Ā Ā Ā Ā Ā Ā Additionally, there is no personalized route optimization, so customers often take longer paths to complete their shopping, impacting both their time and store efficiency. The lack of integration with modern technologies, such as machine learning and graph databases, limits the ability to dynamically adapt to customer behaviour, making the system less efficient in terms of sales optimization and customer satisfaction.
Disadvantage:
- Manual Placement: Product placement lacks data-driven insights, leading to inefficiencies.
- Inefficient Navigation: No personalized or optimized paths for customers, resulting in longer shopping times.
- Limited Data Use: Does not leverage advanced analytics or machine learning for optimization.
- Poor Adaptability: The system cannot adapt in real-time to changing demand or customer behavior.
Ā Proposed System:
Ā Ā Ā Ā Ā The proposed system introduces a more efficient and data-driven approach by combining machine learning, time series forecasting, and graph-based navigation. Using SARIMAX and ARIMA models, historical sales data is analyzed to predict future demand for each product. This allows retailers to dynamically adjust product placement based on forecasted trends, ensuring high-demand items are strategically placed in more visible or accessible locations within the store. Neo4j, a graph database, is utilized to model the store layout, enabling the computation of the shortest path for customers based on their shopping list. By doing so, the system minimizes the time spent navigating the store, ensuring a more efficient and pleasant shopping experience.
Ā Ā Ā Ā Ā Ā Ā Ā A user-friendly web application is built using Flask, Python, HTML, CSS, Bootstrap, and JavaScript to allow customers to interact with the system. The application provides an interface to view sales predictions, explore store layouts, and calculate the shortest shopping path. Retailers benefit from a more optimized product placement strategy, while customers enjoy faster and more personalized shopping journeys. The integration of these technologies enhances both sales and overall customer satisfaction by providing a seamless and efficient retail experience.
Advantages:
- Optimized Placement: Uses predictive models for data-driven product placement, boosting sales.
- Efficient Navigation: Calculates the shortest path for customers, saving time.
- Personalized Experience: Provides tailored shopping routes, enhancing convenience.
- Real-Time Adaptability: Continuously updates predictions to match current trends.
- Improved Customer Satisfaction: Faster, smoother shopping experience leads to happier customers
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