Abstract
This work is a proposal of an analytical intelligence model for the discontinuation of products in a transnational soft drink company. The objective is to identify products that due to their volume and sales value should leave the company’s catalog. For this, the integration of an analytical intelligence model that considers unsupervised classification algorithms integrating key information about the products to be evaluated is proposed. The results generated show that the product classification makes it possible to identify a set of products that are candidates for discontinuation due to their volumes and sales value, likewise, the detailed information of these products allows evaluating the characteristics of the cluster to be discontinued and thus planning production and distribution in the medium and long term. The planned model allows timely monitoring of the discontinuation process automatically as well as the monitoring of executive reports through the cloud.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Karki, D.: A hybrid approach for managing retail assortment by categorizing products based on consumer behavior. Dublin, National College of Ireland. Ph.D. Thesis (2018)
Crowley, F.: Product and service innovation and discontinuation in manufacturing and service firms in Europe. Eur. J. Innov. Manage. 20(2), 250–268 (2017)
Gonzalez, R.A., Rodriguez-Aguilar, R., Marmolejo-Saucedo, J.A.: Text mining and statistical learning for the analysis of the voice of the customer. In: Hemanth, D., Kose, U. (eds.) Artificial Intelligence and Applied Mathematics in Engineering Problems. ICAIAME 2019. Lecture Notes on Data Engineering and Communications Technologies, vol 43. Springer, Cham (2020)
Zahavy, T., Magnani, A., Krishnan, A., Mannor, S.: Is a picture worth a thousand words? A deep multi-modal fusion architecture for product classification in e-commerce. In: The Thirtieth Conference on Innovative Applications of Artificial Intelligence (IAAI) (2018)
Ding, Y., Korotkiy, M., Omelayenko, B., Kartseva, V., Zykov, V., Klein, M., Schulten, E., Fensel, D.: Golden bullet: automated classification of product data in e-commerce. In: Proceedings of Business Information Systems Conference (BIS 2002), Poznan, Poland (2002)
Sun, C., Rampalli, N., Yang, F., Doan, A.: Chimera: Large-scale classification using machine learning, rules, and crowdsourcing. PVLDB 7(13), 1529–1540 (2014)
Oyewole, S.A., Olugbara, O.O.: Product image classification using Eigen Colour feature with ensemble machine learning. Egypt. Inf. J. 19(2), 83–100 (2018)
Kassambara, A.: A practical guide to cluster analysis in R: unsupervised machine learning. CreateSpace Independent Publishing Platform (2017)
Hopkins, B., Skellam, J.G.: A new method for determining the type of distribution of plant individuals. Ann. Bot. Co. 18(2), 213–227 (1954)
Banerjee, A.: Validating clusters using the Hopkins statistic. In: IEEE International Conference on Fuzzy Systems, pp. 149–153 (2004)
Gower, J.: A general coefficient of similarity and some of its properties. Biometrics 27, 857–872 (1971)
Tuerhong, G., Kim, S.B.: Gower Distance-Based Multivariate Control Charts for a Mixture of Continuous and Categorical Values. Elsevier, South Korea (2013)
Kaufman, L., Rousseeuw, P.J.: Finding Groups in Data: An Introduction to Cluster Analysis, p. 1990. John Wiley & Sons Inc, Hoboken, NJ (1990)
Lloyd, S.P.: Least squares quantization in PCM. IEEE Trans. Inf. Theory 28(1982), 129–137 (1982)
Park, H.-S., Jun, C.-H.: A simple and fast algorithm for K-medoids clustering. Expert Syst. Appl. 36, 3336–3341 (2009)
Ward, J.H.: Hierarchical grouping to optimize an objective function. J. Am. Stat. Assoc. 58(301), 236–244 (1963)
Dunn, J.C.: A fuzzy relative of the ISODATA process and its use in detecting compact well-separated clusters. J. Cybern. 3(3), 32–57 (1973)
Bezdek, J.C.: Pattern Recognition with Fuzzy Objective Function Algorithms (1981)
Rodriguez-Aguilar, R.: Proposal for a comprehensive environmental key performance index of the green supply chain. Mobile Netw. Appl. (2020)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Loy-García, G., Rodríguez-Aguilar, R., Marmolejo-Saucedo, JA. (2021). An Analytical Intelligence Model to Discontinue Products in a Transnational Company. In: Vasant, P., Zelinka, I., Weber, GW. (eds) Intelligent Computing and Optimization. ICO 2020. Advances in Intelligent Systems and Computing, vol 1324. Springer, Cham. https://doi.org/10.1007/978-3-030-68154-8_70
Download citation
DOI: https://doi.org/10.1007/978-3-030-68154-8_70
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-68153-1
Online ISBN: 978-3-030-68154-8
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)