A progressive point of sale (POS) system with the ability to enhance customer partitioning, customize product recommendations, and optimize inventory management utilizing machine learning has been introduced in this research. The methodology involves the k-means algorithm for the segmentation of customers, the Random Forest algorithm for training and generating customized recommendations, and LightGBM for inventory management suggestions. The research utilized tools like MySQL, Pandas, and Scikit-Learn. It was implemented on a dataset, resulting in distinct segments useful for targeted marketing schemes. It also showed efficacy in recommending relevant items for particular customers based on their previous orders. The research also showcased a satisfactory approach for inventory analysis and stocking suggestions for stock optimization. The obtained results attest to the effectiveness of the proposed methodology for adapting to changing customer needs and market trends. To summarize, our approach aids entrepreneurs in making data-driven decisions while ensuring customer satisfaction through a seamless, personalized shopping experience and optimized inventory management.

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Machine Learning Enhanced Point of Sale System

  • Md. Nibir Ahmed,
  • Maliha Anzum Maisha,
  • Md. Tahsinul Islam,
  • Samin Shams Ahmed,
  • Rashedur M. Rahman

摘要

A progressive point of sale (POS) system with the ability to enhance customer partitioning, customize product recommendations, and optimize inventory management utilizing machine learning has been introduced in this research. The methodology involves the k-means algorithm for the segmentation of customers, the Random Forest algorithm for training and generating customized recommendations, and LightGBM for inventory management suggestions. The research utilized tools like MySQL, Pandas, and Scikit-Learn. It was implemented on a dataset, resulting in distinct segments useful for targeted marketing schemes. It also showed efficacy in recommending relevant items for particular customers based on their previous orders. The research also showcased a satisfactory approach for inventory analysis and stocking suggestions for stock optimization. The obtained results attest to the effectiveness of the proposed methodology for adapting to changing customer needs and market trends. To summarize, our approach aids entrepreneurs in making data-driven decisions while ensuring customer satisfaction through a seamless, personalized shopping experience and optimized inventory management.