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Blinkit Sales Prediction

The document outlines a project focused on using machine learning and Power BI to predict sales for Blinkit, a quick-commerce platform. It highlights the importance of accurate sales predictions for optimizing inventory and operations, and details the methodology including data collection, exploratory analysis, model training, and dashboard development. The project aims to provide real-time insights through a dynamic dashboard, ultimately improving operational efficiency and sales.

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Ananya Dudeja
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113 views9 pages

Blinkit Sales Prediction

The document outlines a project focused on using machine learning and Power BI to predict sales for Blinkit, a quick-commerce platform. It highlights the importance of accurate sales predictions for optimizing inventory and operations, and details the methodology including data collection, exploratory analysis, model training, and dashboard development. The project aims to provide real-time insights through a dynamic dashboard, ultimately improving operational efficiency and sales.

Uploaded by

Ananya Dudeja
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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BACHELOR OF ENGINEERING

COMPUTER SCIENCE & ENGINEERING

Blinkit Sales Prediction: Machine


Learning and Power BI
Welcome! Today, we'll explore how machine learning and Power BI can help
Blinkit predict sales, optimize inventory, and gain real-time insights.

Submitted to: Submitted by:


Mr. Aquib Akhtar Ananya Dudeja(2100681540010)
Anshul Tyagi(2100681540011)
Introduction
Overview Project Goals
Blinkit is a quick-commerce This project combines
platform that delivers machine learning for sales
groceries and other prediction and Power BI for
essentials within minutes. creating a dynamic and
Predicting sales accurately is interactive dashboard.
vital for optimizing inventory
and operations.
Project Objective
Sales Prediction Actionable Insights
To accurately predict sales for To provide real-time insights
Blinkit using a machine through an interactive Power
learning model. BI dashboard to support
informed decision-making.
The Challenge: Unpredictable Demand
Variability Lack of Real-time Visibility

Demand fluctuates due to seasonal trends, promotions, and Traditional methods often lack real-time data visualization
location differences, making accurate prediction essential. tools, hindering timely and informed decision-making.
Impact: Efficient Operations and Revenue

Lost Opportunities
Inefficient inventory management leads to lost revenue opportunities due to
1
overstocking or stockouts.

Inventory Management
2 Accurate predictions enable better inventory planning, reducing waste
and improving customer satisfaction.

Increased Sales
3 Optimizing operations and inventory results in improved
efficiency and potentially higher sales.
Methodology: From Data to
Insights

1 Data Collection and Processing


Gathering sales and store-level data from Blinkit and handling missing values using
appropriate techniques.

2 Exploratory Data Analysis (EDA)


Visualizing data distributions, trends, and patterns to understand the factors
impacting sales.

3 Model Training
Using XGBoost Regressor to train a predictive model based on the processed data.

4 Dashboard Development
Leveraging Power BI to create a real-time dashboard for visualizing key insights and
supporting decision-making.
Findings and Results

ML Results
The XGBoost Regressor achieved a high training R-squared of {{r2\_train}} and a testing R-
squared of {{r2\_test}}, indicating strong predictive performance.

Key Insights
EDA revealed that larger outlet sizes generally exhibit higher sales and certain item categories
contribute significantly to overall sales.

Power BI Dashboard
The dashboard provides real-time trends of sales across outlets, allowing users to filter by
outlet size, location, and year of establishment.
Power BI Dashboard: Visualizing Insights
Conclusion and Future Scope

Key Outcomes
1
A predictive model for Blinkit sales with high accuracy was successfully developed and implemented.

Real-time Insights
2 Power BI dashboards provide real-time data visualizations, empowering data-
driven decision-making.

Future Scope
Future improvements include incorporating seasonal
3
trends and exploring ensemble techniques for further
model optimization.

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