Intelligent Fashion Forecasting Systems: Models and Applications

1. Front Matter

   Pages i-viii

   PDF

2. Introduction, Review and Exploratory Studies

   1. Front Matter

      Pages 1-1

      PDF

   2. Introduction: Intelligent Fashion Forecasting

      • Tsan-Ming Choi, Chi-Leung Hui, Yong Yu

      Pages 3-8

   3. Sales Forecasting in Apparel and Fashion Industry: A Review

      • Sébastien Thomassey

      Pages 9-27

   4. Collaborative Planning Forecasting Replenishment Schemes in Apparel Supply Chain Systems: Cases and Research Opportunities

      • Daisy Ka-Yee Ho, Tsan-Ming Choi

      Pages 29-40

3. Theoretical Modeling Research

   1. Front Matter

      Pages 41-41

      PDF

   2. Measuring Forecasting Accuracy: Problems and Recommendations (by the Example of SKU-Level Judgmental Adjustments)

      • Andrey Davydenko, Robert Fildes

      Pages 43-70

   3. Forecasting Demand for Fashion Goods:A Hierarchical Bayesian Approach

      • Phillip M. Yelland, Xiaojing Dong

      Pages 71-94

   4. Forecasting Fashion Store Reservations:Booking Horizon Forecasting with Dynamic Updating

      • Alwin Haensel

      Pages 95-120

4. Intelligent Fashion Forecasting: Applications and Analysis

   1. Front Matter

      Pages 121-121

      PDF

   2. Fuzzy Forecast Combining for Apparel Demand Forecasting

      • Murat Kaya, Engin Yeşil, M. Furkan Dodurka, Sarven Sıradağ

      Pages 123-146

   3. Intelligent Fashion Colour Trend Forecasting Schemes: A Comparative Study

      • Yong Yu, Sau-Fun Ng, Chi-Leung Hui, Na Liu, Tsan-Ming Choi

      Pages 147-160

   4. Neural Networks Based Forecasting for Romanian Clothing Sector

      • Logica Banica, Daniela Pirvu, Alina Hagiu

      Pages 161-194

Forecasting is a crucial function for companies in the fashion industry, but for many real-life forecasting applications in the, the data patterns are notorious for being highly volatile and it is very difficult, if not impossible, to analytically learn about the underlying patterns. As a result, many traditional methods (such as pure statistical models) will fail to make a sound prediction. Over the past decade, advances in artificial intelligence and computing technologies have provided an alternative way of generating precise and accurate forecasting results for fashion businesses. Despite being an important and timely topic, there is currently an absence of a comprehensive reference source that provides up-to-date theoretical and applied research findings on the subject of intelligent fashion forecasting systems. This three-part handbook fulfills this need and covers materials ranging from introductory studies and technical reviews, theoretical modeling research, to intelligent fashion forecasting applications and analysis. This book is suitable for academic researchers, graduate students, senior undergraduate students and practitioners who are interested in the latest research on fashion forecasting.

• artificial intelligence
• decision support systems
• fashion forecasting
• intelligent forecasting systems

• Business Division Institute of Textiles and Clothing, The Hong Kong Polytechnic University, Hongkong, People's Republic of China

  Tsan-Ming Choi, Chi-Leung Hui, Yong Yu

Tsan-Ming Choi (PhD) is currently an associate professor in fashion business at The Hong Kong Polytechnic University. Over the past few years, he has actively participated in a variety of research projects in operations management and information systems. His papers have appeared in leading business and engineering journals such as IEEE Transactions on Automatic Control, Production and Operations Management, Automatica, Annals of Operations Research, European Journal of Operational Research, Decision Support Systems, Service Science (INFORMS Journal), IEEE Transactions on Systems, Man, and Cybernetics (all parts), and various other IEEE Transactions. He has authored/edited ten research handbooks and guest-edited twelve special issues in academic journals. He is currently an area editor/associate editor/guest editor of the Annals of Operations Research, Decision Sciences, Decision Support Systems, European Management Journal, IEEE Transactions on Systems, Man, and Cybernetics – Systems, Information Sciences, Production and Operations Management, and many other operations management / information systems journals.

Chi-Leung Hui gained an MSc in technological economics from the University of Stirling, UK in 1988, an MSc in information systems from the Hong Kong Polytechnic in 1992, an MSc(Eng.) in computers in manufacturing from the University of Hong Kong in 1995, a PhD from The Hong Kong Polytechnic University in 1999, a LLB (Hons) from the University of Wolverhampton, UK in 2004, a LLM degree in information technology and intellectual property law from the University of Hong Kong in 2008, and a diploma in marketing from the Chartered Institute of Marketing, UK, in 1988 and the Certified Diploma in finance and accounting from The Chartered Association of Certified Accountants, UK, in 1991. He is a chartered engineer and is a chartered member of both the British Computer Society and the Chartered Institute of Marketing. He has published over 50 refereed papers in journals such as Computers in Industry, IEEE Transactions on Engineering Management and IEEE Transactions on Systems, Man and Cybernetics – Parts A and C, and international conferences. Dr Hui is an associate professor at the Hong Kong Polytechnic University.

Yong Yu is currently a postdoctoral research associate at the Hong Kong Polytechnic University. He received his PhD from the Hong Kong Polytechnic University and he has published extensively in journals such as IEEE Transactions on Systems, Man, and Cybernetics, Decision Support Systems, Expert Systems with Applications, and International Journal of Production Economics.

Policies and ethics