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Social Media Big Data Analytics for Demand Forecasting: Development and Case Implementation of an Innovative Framework

Iftikhar, Rehan orcid logoORCID: 0000-0002-8363-2323 and Khan, Mohammad Saud orcid logoORCID: 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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