Abstract
As a common strategy in sales-supply chains, the prediction of sales volume offers precious information for companies to achieve a healthy balance between supply and demand. In practice, the sales prediction task is formulated as a time series prediction problem which aims to predict the future sales volume for different products with the observation of various influential factors (e.g., brand, season, discount, etc.) and corresponding historical sales records. However, with the development of contemporary commercial markets, the dynamic interaction between influential factors with different semantic meanings becomes more subtle, causing challenges in fully capturing dependencies among these variables. Besides, though seeking similar trends from the history benefits the accuracy for the prediction of upcoming sales, existing methods hardly suit sales prediction tasks because the trends in sales time series are more irregular and complex. Hence, we gain insights from the encoder-decoder recurrent neural network (RNN) structure, and propose a novel framework named TADA to carry out trend alignment with dualattention, multi-task RNNs for sales prediction. In TADA, we innovatively divide the influential factors into internal feature and external feature, which are jointly modelled by a multi-task RNN encoder. In the decoding stage, TADA utilizes two attention mechanisms to compensate for the unknown states of influential factors in the future and adaptively align the upcoming trend with relevant historical trends to ensure precise sales prediction. Experimental results on two real-world datasets comprehensively show the superiority of TADA in sales prediction tasks against other state-of-the-art competitors. © 2018 IEEE.
Original language | English |
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Title of host publication | Proceedings - IEEE International Conference on Data Mining, ICDM |
Publisher | IEEE, Institute of Electrical and Electronics Engineers |
Pages | 49-58 |
Number of pages | 10 |
ISBN (Electronic) | 9781538691588 |
DOIs | |
Publication status | Published - 27 Dec 2018 |
Externally published | Yes |
Event | 18th IEEE International Conference on Data Mining Workshops, ICDMW 2018 - Singapore, Singapore Duration: 17 Nov 2018 → 20 Nov 2018 https://sn.committees.comsoc.org/call-for-papers/the-18th-ieee-international-conference-on-data-mining-icdm-2018/ |
Publication series
Name | Proceedings - IEEE International Conference on Data Mining, ICDM |
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Volume | 2018-November |
ISSN (Print) | 1550-4786 |
Conference
Conference | 18th IEEE International Conference on Data Mining Workshops, ICDMW 2018 |
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Abbreviated title | ICDMW 2018 |
Country/Territory | Singapore |
City | Singapore |
Period | 17/11/18 → 20/11/18 |
Other | The IEEE International Conference on Data Mining (ICDM) has established itself as the world’s premier research conference in data mining. It provides an international forum for presentation of original research results, as well as exchange and dissemination of innovative and practical development experiences. The conference covers all aspects of data mining, including algorithms, software, systems, and applications. ICDM draws researchers, application developers, and practitioners from a wide range of data mining related areas such as statistics, machine learning, pattern recognition, databases, data warehousing, data visualization, knowledge-based systems, and high-performance computing. By promoting novel, high-quality research findings, and innovative solutions to challenging data mining problems, the conference seeks to advance the state-of-the-art in data mining. |
Internet address |