Iftikhar, Rehan
ORCID: 0000-0002-8363-2323 and Khan, Mohammad Saud
ORCID: 0000-0003-0997-7857
(2020)
Social Media Big Data Analytics for Demand Forecasting: Development and Case Implementation of an Innovative Framework.
Journal of Global Information Management, 28
(1).
ISSN 1533-7995
Abstract
Social media big data offers insights that can be used to make predictions of products' future demand and add value to the supply chain performance. The paper presents a framework for improvement of demand forecasting in a supply chain using social media data from Twitter and Facebook. The proposed framework uses sentiment, trend, and word analysis results from social media big data in an extended Bass emotion model along with predictive modelling on historical sales data to predict product demand. The forecasting framework is validated through a case study in a retail supply chain. It is concluded that the proposed framework for forecasting has a positive effect on improving accuracy of demand forecasting in a supply chain.
Metadata
| Item Type: | Article (Published) |
|---|---|
| Refereed: | Yes |
| Uncontrolled Keywords: | Apparel Supply Chain, Bass Emotion Model, Big Data, Demand Forecasting, Emotion Enhanced Model, Sentiment Analysis, Social Media, Supply Chain Management |
| Subjects: | Computer Science > Computer engineering Computer Science > Computer networks Computer Science > Computer software |
| DCU Faculties and Centres: | DCU Faculties and Schools > DCU Business School |
| Publisher: | IGI Global |
| Official URL: | https://www.igi-global.com/article/social-media-bi... |
| Copyright Information: | Authors |
| ID Code: | 33016 |
| Deposited On: | 22 Jul 2026 13:35 by Tam Nguyen . Last Modified 22 Jul 2026 13:35 |
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