Leveraging Deep Reinforcement Learning and Real-Time Stream Processing for Enhanced Retail Analytics

Authors

  • Aravind Kumar Kalusivalingam

    Author
  • Amit Sharma

    Author
  • Neha Patel

    Author
  • Vikram Singh

    Author

Abstract

This research paper explores the integration of deep reinforcement learning (DRL) and real-time stream processing to revolutionize retail analytics, aiming to provide a more dynamic, responsive, and data-driven decision-making framework for retailers. The study introduces a novel architecture that combines DRL with Apache Kafka and Apache Flink for seamless data ingestion and processing, enabling the analysis of high-velocity data streams generated from diverse retail sources, including point-of-sale systems, inventory databases, and customer interaction platforms. By employing DRL, the proposed system learns optimal policies for inventory management, pricing strategies, and personalized marketing in real-time, adapting autonomously to fluctuating market conditions and consumer behavior. The experimental evaluation is conducted using simulated and real-world retail datasets, demonstrating significant improvements in key performance metrics such as stockouts reduction, sales lift, and customer satisfaction compared to traditional batch processing and static analytics models. Furthermore, the system's ability to predict customer trends and react proactively is highlighted as a transformative capability for modern retail operations. This research underscores the potential of combining cutting-edge machine learning techniques with robust stream processing technologies to offer a scalable and agile solution for complex retail analytics challenges.

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Published

2020-01-05

How to Cite

Leveraging Deep Reinforcement Learning and Real-Time Stream Processing for Enhanced Retail Analytics. (2020). International Journal of AI and ML, 1(2). https://cognitivecomputingjournal.com/index.php/IJAIML-V1/article/view/62