Are Gradient Boosting Models Suitable for Intermittent Demand Forecasting?
- URL: http://arxiv.org/abs/2609.14718v1
- Date: Sun, 13 Sep 2026 18:23:23 GMT
- Title: Are Gradient Boosting Models Suitable for Intermittent Demand Forecasting?
- Abstract summary: This paper explores the potential of gradient boosting models to improve forecasting performance.<n>We evaluate statistical, specialized, machine learning, and ensemble approaches across multiple datasets.
- Score: 0.6531546527140474
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: Demand forecasting is critical in modern industry, offering opportunities to reduce costs and gain competitive advantage through improved inventory management. However, forecasting becomes particularly challenging for products with intermittent demand, where demand occurs infrequently and time series contain many zero observations. Such dynamics are common across diverse sectors, such as industrial organizations, consumer goods, aviation, automotive, and electronics. Motivated by these challenges, this paper explores the potential of gradient boosting models to improve forecasting performance. We evaluate statistical, specialized, machine learning, and ensemble approaches across multiple datasets. The results show that specialized methods achieve the strongest performance among individual models, while gradient boosting on its own tends to underperform. However, combining a machine learning model with a specialized approach improves forecasting accuracy by up to 10%, demonstrating that even simple ensembles can outperform single models. Overall, the findings highlight the value of combining machine learning with domain-specific forecasting techniques for intermittent demand.
Related papers
- ChurnNet: A Optimized Modern AI for Churn Prediction [5.360634819290606]
This study evaluates the performance of traditional machine learning techniques, namely, Random Forests, XGBoost, and Support Vector Machines, and compares them with the Unified Multi-Task Time Series Model for churn prediction.<n>Despite the strong capacity of the latter to model complex temporal dynamics and inter-variable relationships, our results indicate that for churn prediction, conventional methods can still outperform it in terms of predictive performance, data efficiency, and computational resource requirements for training and deployment.
arXiv Detail & Related papers (2026-05-29T12:53:04Z) - TAT: Temporal-Aligned Transformer for Multi-Horizon Peak Demand Forecasting [51.37167759339485]
We propose Temporal-Aligned Transformer (TAT), a multi-horizon forecaster leveraging apriori-known context variables for improving predictive performance.<n>Our model consists of an encoder and decoder, both embedded with a novel Temporal Alignment Attention (TAA) designed to learn context-dependent alignment for peak demand forecasting.<n>We demonstrate that TAT brings up to 30% accuracy on peak demand forecasting while maintaining competitive overall performance compared to other state-of-the-art methods.
arXiv Detail & Related papers (2025-07-14T14:51:24Z) - Comparative Analysis of Modern Machine Learning Models for Retail Sales Forecasting [0.0]
When forecasts underestimate the level of sales, firms experience lost sales, shortages, and impact on the reputation of the retailer in their relevant market.<n>This study provides an exhaustive assessment of the forecasting models applied to a high-resolution brick-and-mortar retail dataset.
arXiv Detail & Related papers (2025-06-06T10:08:17Z) - LeForecast: Enterprise Hybrid Forecast by Time Series Intelligence [10.203492575046015]
LeForecast is an enterprise intelligence platform tailored for time series tasks.<n>It integrates advanced interpretations of time series data and multi-source information, and a three-pillar modelling engine.<n>This work reviews deployment of LeForecast and its performance in three industrial use cases.
arXiv Detail & Related papers (2025-03-27T02:58:06Z) - LLMForecaster: Improving Seasonal Event Forecasts with Unstructured Textual Data [63.777637042161544]
This paper introduces a novel forecast post-processor that fine-tunes large language models to incorporate unstructured semantic and contextual information and historical data.<n>In an industry-scale retail application, we demonstrate that our technique yields statistically significantly forecast improvements across several sets of products subject to holiday-driven demand surges.
arXiv Detail & Related papers (2024-12-03T16:18:42Z) - Optimizing Sequential Recommendation Models with Scaling Laws and Approximate Entropy [104.48511402784763]
Performance Law for SR models aims to theoretically investigate and model the relationship between model performance and data quality.<n>We propose Approximate Entropy (ApEn) to assess data quality, presenting a more nuanced approach compared to traditional data quantity metrics.
arXiv Detail & Related papers (2024-11-30T10:56:30Z) - Self-Supervised Learning for Time Series: A Review & Critique of FITS [0.0]
Recently proposed model, FITS, claims competitive performance with significantly reduced parameter counts.
By training a one-layer neural network in the complex frequency domain, we are able to replicate these results.
Our experiments reveal that FITS especially excels at capturing periodic and seasonal patterns, but struggles with trending, non-periodic, or random-resembling behavior.
arXiv Detail & Related papers (2024-10-23T23:03:09Z) - ReAugment: Model Zoo-Guided RL for Few-Shot Time Series Augmentation and Forecasting [74.00765474305288]
We present a pilot study on using reinforcement learning (RL) for time series data augmentation.<n>Our method, ReAugment, tackles three critical questions: which parts of the training set should be augmented, how the augmentation should be performed, and what advantages RL brings to the process.
arXiv Detail & Related papers (2024-09-10T07:34:19Z) - F-FOMAML: GNN-Enhanced Meta-Learning for Peak Period Demand Forecasting with Proxy Data [65.6499834212641]
We formulate the demand prediction as a meta-learning problem and develop the Feature-based First-Order Model-Agnostic Meta-Learning (F-FOMAML) algorithm.
By considering domain similarities through task-specific metadata, our model improved generalization, where the excess risk decreases as the number of training tasks increases.
Compared to existing state-of-the-art models, our method demonstrates a notable improvement in demand prediction accuracy, reducing the Mean Absolute Error by 26.24% on an internal vending machine dataset and by 1.04% on the publicly accessible JD.com dataset.
arXiv Detail & Related papers (2024-06-23T21:28:50Z) - Predictive Churn with the Set of Good Models [61.00058053669447]
This paper explores connections between two seemingly unrelated concepts of predictive inconsistency.<n>The first, known as predictive multiplicity, occurs when models that perform similarly produce conflicting predictions for individual samples.<n>The second concept, predictive churn, examines the differences in individual predictions before and after model updates.
arXiv Detail & Related papers (2024-02-12T16:15:25Z) - Fantastic Gains and Where to Find Them: On the Existence and Prospect of
General Knowledge Transfer between Any Pretrained Model [74.62272538148245]
We show that for arbitrary pairings of pretrained models, one model extracts significant data context unavailable in the other.
We investigate if it is possible to transfer such "complementary" knowledge from one model to another without performance degradation.
arXiv Detail & Related papers (2023-10-26T17:59:46Z) - Improved Bayes Risk Can Yield Reduced Social Welfare Under Competition [99.7047087527422]
In this work, we demonstrate that competition can fundamentally alter the behavior of machine learning scaling trends.
We find many settings where improving data representation quality decreases the overall predictive accuracy across users.
At a conceptual level, our work suggests that favorable scaling trends for individual model-providers need not translate to downstream improvements in social welfare.
arXiv Detail & Related papers (2023-06-26T13:06:34Z) - Profit-oriented sales forecasting: a comparison of forecasting
techniques from a business perspective [3.613072342189595]
This paper compares a large array of techniques for 35 times series that consist of both industry data from the Coca-Cola Company and publicly available datasets.
It introduces a novel and completely automated profit-driven approach that takes into account the expected profit that a technique can create during both the model building and evaluation process.
arXiv Detail & Related papers (2020-02-03T14:50:24Z)
This list is automatically generated from the titles and abstracts of the papers in this site.
This site does not guarantee the quality of this site (including all information) and is not responsible for any consequences.