Assessfy Industry Projects Lab Advanced 6 milestones 100 marks

Forecasting Sales and Service Demand for Automobile Dealerships Using Dashboard Analytics

Industry: Automobile Industry: Automobile Function: Sales Type: Industry-vertical applied project Team: up to 4 Assessment: 6 milestones (100 marks)

Real-world project · AICTE-aligned · AI-graded · Audit-ready certificate

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Available mentors
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Enrolled students
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Core skills
About this project

Objective: To develop an interactive dashboard that accurately forecasts sales and service demand for automobile dealerships in India, enabling data-driven decision making.

Problem & Context: Indian automobile dealerships face unpredictability in sales and service demand due to fluctuating market conditions, local competition, and seasonal effects. Traditional forecasting methods often fail to capture dynamic trends, resulting in inventory mismatch and underutilized service capacity.

Approach & Methodology: The project will utilize historical dealership data, regional market trends, and external factors (e.g., festivals, policy changes) to build predictive models. The team will combine statistical analysis and machine learning, integrating business logic specific to Indian dealerships.

Deliverables & Analysis: The student team will deliver a user-friendly dashboard (using Power BI/Tableau) that presents real-time forecasts, key sales/service metrics, and actionable insights. The analysis will include model performance, scenario simulation, and recommendations for inventory and staffing.

Business Impact: The solution will support dealership managers in optimizing inventory, planning workforce, and maximizing revenue opportunities by anticipating customer demand. It informs decisions on promotions, procurement, and resource allocation, tailored to Indian market realities.

Milestones
1. Problem Definition & Business Case
10 marks 21d
Deliverable: Clear project scope, business value articulation, dealership-specific context. Reviewed by faculty and dealership mentor for relevance and clarity.
2. Domain Research & Data Gathering
15 marks 28d
Deliverable: Comprehensive research on Indian dealership operations, collection and cleaning of relevant sales/service data. Reviewed through data inventory and summary report.
3. Solution Design / Methodology
15 marks 21d
Deliverable: Model selection, dashboard wireframe, forecasting approach documentation. Reviewed with methodology walkthrough and prototype feedback.
4. Build / Analysis & Implementation
28 marks 35d
Deliverable: Working dashboard, integrated predictive models, analysis of key metrics. Reviewed via hands-on demo and technical evaluation.
5. Validation & Results
22 marks 35d
Deliverable: Model validation, accuracy assessment, scenario simulations, stakeholder feedback. Reviewed with validation report and dealership manager inputs.
6. Final Report & Presentation
10 marks 21d
Deliverable: Comprehensive project report, business recommendations, presentation to faculty and dealership stakeholders. Reviewed for completeness, clarity, and impact.
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Skills you'll learn
AutomobileSalesAutomobile dealership domain knowledgeForecasting and time-series analysisData visualization and dashboard designStatistical and machine learning modelingData cleaning and integrationBusiness communication and report writingStakeholder requirements analysisUse of analytics tools (Power BI/TableauPython)
Tools used
Microsoft Excel for initial analysisSQL for data extractionPython (pandasscikit-learnstatsmodels)Power BI or Tableau for dashboardCRM dealership data (e.g.DMS from Indian dealerships)Public datasets from SIAMgovernment sourcesStatistical forecasting frameworks (ARIMAProphet)Business requirement documentation templates
Prerequisites
Statistics and ProbabilityBasic Python or R programmingIntroduction to Data AnalyticsDatabase management (SQL)Principles of Marketing/Sales Management
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You'll earn — Certificate (PDF)

AICTE-aligned Project Completion Certificate

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Certificate of Project Completion

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Forecasting Sales and Service Demand for Automobile Dealers…

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