Machine Learning Project on Sales Prediction or Sale Forecast - Projects Based Learning

It is easier for established companies to predict future sales based on years of past business data. Newly founded companies have to base their forecasts on less-verified information, such as market research and competitive intelligence to forecast their future business. Sales forecasting gives insight into how a company should manage its workforce, cash flow, and resources. In addition to helping a company allocate its internal resources effectively, predictive sales data is important for businesses when looking to acquire investment capital. Sales forecasting allows companies to: Predict achievable sales revenue; Efficiently allocate resources; Plan for future growth. In this project, looking at the various Stores Sales around the world are tasked with predicting their daily sales in advance.