Retail use cases

North America

Forecast demand across 30,490 product-store series

The case uses the public Walmart M5 forecasting benchmark dataset to compare a coherent 28-day demand forecast across 30,490 product-store series.

The case records a WRMSSE of 0.738, compared with 0.765 for the traditional benchmark, and completes a nationwide forecast in about three minutes.

Measured evidence

The case in three measures

Source: eomer retail case deck, based on the public Walmart M5 forecasting benchmark dataset. The illustrative value model assumes USD 1 billion of in-scope revenue.

0.738

Weighted forecast error

WRMSSE, compared with 0.765 for the traditional benchmark; lower is better.

~3 min

Runtime for 30,490 series

Compared with about nine minutes for the benchmark pipeline.

~USD 5.6M

Illustrative annual value per USD 1B of revenue

Assumption-based estimate, not a measured financial outcome.

Case article

From input to implication

01

Decision context

To set ordering, inventory, staffing, and transport plans, a retailer must forecast demand across products, stores, categories, and aggregate planning levels. Error at any level can create lost sales, waste, excess working capital, or avoidable logistics cost.

The case covers 30,490 product-store series and a 28-day horizon. It therefore tests accuracy and consistency across the hierarchy rather than one aggregate series.

02

Method

To compare methods, the case uses weighted root mean squared scaled error (WRMSSE), which assigns more weight to products with higher sales value. The benchmark compares eomer with a traditional pipeline that uses hand-built features.

The runtime test covers the same nationwide series set. The value model then applies explicit assumptions for stockout loss, waste, recovered value, and data-science time.

03

Finding and implication

The case reports a WRMSSE of 0.738 for eomer and 0.765 for the traditional benchmark. The eomer forecast completes in about three minutes without a hand-built feature set, compared with about nine minutes for the benchmark pipeline.

The USD 5.6 million annual value estimate is illustrative and depends on the stated assumptions. A deployment should replace these assumptions with observed stockout, markdown, waste, labour, and revenue data.

Case deck

Retail demand forecasting case deck

8 slides

Forecast demand across 30,490 product-store series, slide 1

Slide 1 of 8

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