Competitions and Awards

3rd Place in IPSOS Datathon

May 09, 2023

, METU Department of Statistics, Ankara, TURKEY

The market share of a food company is forecasted for 2020-2022 based on the previous 6 years of data with ARIMA, and linear regression. The importance of other companies’ market share for predicting this company’s market share is investigated. The marketing strategies for increasing the market share of the sub-company of this food company are investigated in terms of customer parameters such as closeness, top of mind, etc.

5th Place in Data Analysis Challange

September 08, 2022

, Bogazici University,

Seasonal demand planning is essential for retailers as it provides a strategic approach to meeting demand throughout the season, considering factors like promotions, changing customer preferences, and new product introductions. Despite its complexity, effective seasonal demand forecasting helps prevent both stock-outs, which result in financial losses, and excess stock, leading to storage costs and product expirations. Bogazici University Operational Research Club challenges competitors to create a highly accurate product forecasting model for seasonal needs.