supply chain management
Improving a Hybrid Graphsage Deep Network for Automatic Multi-objective Logistics Management in Supply Chain
Khaleghi, Mehdi, Khaleghi, Nastaran, Sheykhivand, Sobhan, Danishvar, Sebelan
Systematic logistics, conveyance amenities and facilities as well as warehousing information play a key role in fostering profitable development in a supply chain. The aim of transformation in industries is the improvement of the resiliency regarding the supply chain. The resiliency policies are required for companies to affect the collaboration with logistics service providers positively. The decrement of air pollutant emissions is a persistent advantage of the efficient management of logistics and transportation in supply chain. The management of shipment type is a significant factor in analyzing the sustainability of logistics and supply chain. An automatic approach to predict the shipment type, logistics delay and traffic status are required to improve the efficiency of the supply chain management. A hybrid graphsage network (H-GSN) is proposed in this paper for multi-task purpose of logistics management in a supply chain. The shipment type, shipment status, traffic status, logistics ID and logistics delay are the objectives in this article regarding three different databases including DataCo, Shipping and Smart Logistcis available on Kaggle as supply chain logistics databases. The average accuracy of 97.8% and 100% are acquired for 10 kinds of logistics ID and 3 types of traffic status prediction in Smart Logistics dataset. The average accuracy of 98.7% and 99.4% are obtained for shipment type prediction in DataCo and logistics delay in Shipping database, respectively. The evaluation metrics for different logistics scenarios confirm the efficiency of the proposed method to improve the resilience and sustainability of the supply chain.
- Asia > Brunei (0.14)
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- Transportation > Freight & Logistics Services (1.00)
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- Energy (0.68)
- Information Technology > Artificial Intelligence > Representation & Reasoning (1.00)
- Information Technology > Artificial Intelligence > Machine Learning > Statistical Learning (1.00)
- Information Technology > Data Science > Data Mining (0.68)
- Information Technology > Artificial Intelligence > Machine Learning > Neural Networks > Deep Learning (0.31)
A Detailed Study on LLM Biases Concerning Corporate Social Responsibility and Green Supply Chains
Ontrup, Greta, Bush, Annika, Pauly, Markus, Aksoy, Meltem
Organizations increasingly use Large Language Models (LLMs) to improve supply chain processes and reduce environmental impacts. However, LLMs have been shown to reproduce biases regarding the prioritization of sustainable business strategies. Thus, it is important to identify underlying training data biases that LLMs pertain regarding the importance and role of sustainable business and supply chain practices. This study investigates how different LLMs respond to validated surveys about the role of ethics and responsibility for businesses, and the importance of sustainable practices and relations with suppliers and customers. Using standardized questionnaires, we systematically analyze responses generated by state-of-the-art LLMs to identify variations. We further evaluate whether differences are augmented by four organizational culture types, thereby evaluating the practical relevance of identified biases. The findings reveal significant systematic differences between models and demonstrate that organizational culture prompts substantially modify LLM responses. The study holds important implications for LLM-assisted decision-making in sustainability contexts.
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- Asia > China (0.04)
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- Public Relations > Community Relations (1.00)
- Questionnaire & Opinion Survey (0.89)
- Social Sector (1.00)
- Law > Environmental Law (0.34)
A Machine Learning-Based Study on the Synergistic Optimization of Supply Chain Management and Financial Supply Chains from an Economic Perspective
Wang, Hang, Tang, Huijie, Leng, Ningai, Yu, Zhoufan
Abstract: Based on economic theories and integrated with machine learning technology, this study explores the collaborative model of Supply Chain Management - Financial Supply Chain Management (SCM - FSCM), aiming to solve supply chain issues (efficiency l oss, financing constraints, risk transmission) caused by the disconnection of the "three flows" (capital flow, logistics flow, information flow) and further improve overall economic benefits. Firstly, the study combines Transaction Cost Theory and Information Asymmetry Theory, adopts algorithms such as random forests to process multi - dimensional supply chain data, identifies obstacles to the collaboration of the "three flows", and constructs a data - driven three - dimensional (cost - efficiency - risk) a nalysis framework. Secondly, it designs a Financial Supply Chain Management model of "core enterprise credit empowerment + dynamic pledge financing". Based on inventory/order data in Supply Chain Management, it applies Long Short - Term Memory (LSTM) netwo rks to realize demand forecasting, and at the same time uses clustering/regression algorithms to quantify benefit distribution, so as to achieve reasonable allocation of financing costs. In addition, the study also combines Game Theory and reinforcement learning to optimize the supply chain inventory - procurement mechanism (adjusts strategies through scenario simulation to solve problems caused by the "bullwhip effect"); and integrates accounts receivable financing in Financial Supply Chain Management with credit assessment based on eXtreme Gradient Boosting (XGBoost) to realize rapid monetization of inventory.
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Adaptive Inventory Strategies using Deep Reinforcement Learning for Dynamic Agri-Food Supply Chains
Agricultural products are often subject to seasonal fluctuations in production and demand. Predicting and managing inventory levels in response to these variations can be challenging, leading to either excess inventory or stockouts. Additionally, the coordination among stakeholders at various level of food supply chain is not considered in the existing body of literature. To bridge these research gaps, this study focuses on inventory management of agri-food products under demand and lead time uncertainties. By implementing effective inventory replenishment policy results in maximize the overall profit throughout the supply chain. However, the complexity of the problem increases due to these uncertainties and shelf-life of the product, that makes challenging to implement traditional approaches to generate optimal set of solutions. Thus, the current study propose a novel Deep Reinforcement Learning (DRL) algorithm that combines the benefits of both value- and policy-based DRL approaches for inventory optimization under uncertainties. The proposed algorithm can incentivize collaboration among stakeholders by aligning their interests and objectives through shared optimization goal of maximizing profitability along the agri-food supply chain while considering perishability, and uncertainty simultaneously. By selecting optimal order quantities with continuous action space, the proposed algorithm effectively addresses the inventory optimization challenges. To rigorously evaluate this algorithm, the empirical data from fresh agricultural products supply chain inventory is considered. Experimental results corroborate the improved performance of the proposed inventory replenishment policy under stochastic demand patterns and lead time scenarios. The research findings hold managerial implications for policymakers to manage the inventory of agricultural products more effectively under uncertainty.
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- Asia > India > Madhya Pradesh (0.04)
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- Consumer Products & Services > Food, Beverage, Tobacco & Cannabis (1.00)
- Banking & Finance (0.93)
- Food & Agriculture > Agriculture (0.92)
Impact of COVID-19 on The Bullwhip Effect Across U.S. Industries
Saricioglu, Alper, Genevois, Mujde Erol, Cedolin, Michele
The Bullwhip Effect, describing the amplification of demand variability up the supply chain, poses significant challenges in Supply Chain Management. This study examines how the COVID-19 pandemic intensified the Bullwhip Effect across U.S. industries, using extensive industry-level data. By focusing on the manufacturing, retailer, and wholesaler sectors, the research explores how external shocks exacerbate this phenomenon. Employing both traditional and advanced empirical techniques, the analysis reveals that COVID-19 significantly amplified the Bullwhip Effect, with industries displaying varied responses to the same external shock. These differences suggest that supply chain structures play a critical role in either mitigating or intensifying the effect. By analyzing the dynamics during the pandemic, this study provides valuable insights into managing supply chains under global disruptions and highlights the importance of tailoring strategies to industry-specific characteristics.
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- Health & Medicine > Therapeutic Area > Infections and Infectious Diseases (1.00)
- Health & Medicine > Therapeutic Area > Immunology (1.00)
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Optimizing Supply Chain Networks with the Power of Graph Neural Networks
Chen, Chi-Sheng, Chen, Ying-Jung
Graph Neural Networks (GNNs) have emerged as transformative tools for modeling complex relational data, offering unprecedented capabilities in tasks like forecasting and optimization. This study investigates the application of GNNs to demand forecasting within supply chain networks using the SupplyGraph dataset, a benchmark for graph-based supply chain analysis. By leveraging advanced GNN methodologies, we enhance the accuracy of forecasting models, uncover latent dependencies, and address temporal complexities inherent in supply chain operations. Comparative analyses demonstrate that GNN-based models significantly outperform traditional approaches, including Multilayer Perceptrons (MLPs) and Graph Convolutional Networks (GCNs), particularly in single-node demand forecasting tasks. The integration of graph representation learning with temporal data highlights GNNs' potential to revolutionize predictive capabilities for inventory management, production scheduling, and logistics optimization. This work underscores the pivotal role of forecasting in supply chain management and provides a robust framework for advancing research and applications in this domain.
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- Asia > Bangladesh (0.04)
Graph Neural Networks in Supply Chain Analytics and Optimization: Concepts, Perspectives, Dataset and Benchmarks
Wasi, Azmine Toushik, Islam, MD Shafikul, Akib, Adipto Raihan, Bappy, Mahathir Mohammad
Graph Neural Networks (GNNs) have recently gained traction in transportation, bioinformatics, language and image processing, but research on their application to supply chain management remains limited. Supply chains are inherently graph-like, making them ideal for GNN methodologies, which can optimize and solve complex problems. The barriers include a lack of proper conceptual foundations, familiarity with graph applications in SCM, and real-world benchmark datasets for GNN-based supply chain research. To address this, we discuss and connect supply chains with graph structures for effective GNN application, providing detailed formulations, examples, mathematical definitions, and task guidelines. Additionally, we present a multi-perspective real-world benchmark dataset from a leading FMCG company in Bangladesh, focusing on supply chain planning. We discuss various supply chain tasks using GNNs and benchmark several state-of-the-art models on homogeneous and heterogeneous graphs across six supply chain analytics tasks. Our analysis shows that GNN-based models consistently outperform statistical Machine Learning and other Deep Learning models by around 10-30% in regression, 10-30% in classification and detection tasks, and 15-40% in anomaly detection tasks on designated metrics. With this work, we lay the groundwork for solving supply chain problems using GNNs, supported by conceptual discussions, methodological insights, and a comprehensive dataset.
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- Asia > Bangladesh > Sylhet Division > Sylhet District > Sylhet (0.04)
- North America > Trinidad and Tobago > Trinidad > Arima > Arima (0.04)
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Root Cause Attribution of Delivery Risks via Causal Discovery with Reinforcement Learning
This paper presents a novel approach to root cause attribution of delivery risks within supply chains by integrating causal discovery with reinforcement learning. As supply chains become increasingly complex, traditional methods of root cause analysis struggle to capture the intricate interrelationships between various factors, often leading to spurious correlations and suboptimal decision-making. Our approach addresses these challenges by leveraging causal discovery to identify the true causal relationships between operational variables, and reinforcement learning to iteratively refine the causal graph. This method enables the accurate identification of key drivers of late deliveries, such as shipping mode and delivery status, and provides actionable insights for optimizing supply chain performance. We apply our approach to a real-world supply chain dataset, demonstrating its effectiveness in uncovering the underlying causes of delivery delays and offering strategies for mitigating these risks. The findings have significant implications for improving operational efficiency, customer satisfaction, and overall profitability within supply chains.
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Enhancing supply chain security with automated machine learning
Wang, Haibo, Sua, Lutfu S., Alidaee, Bahram
This study tackles the complexities of global supply chains, which are increasingly vulnerable to disruptions caused by port congestion, material shortages, and inflation. To address these challenges, we explore the application of machine learning methods, which excel in predicting and optimizing solutions based on large datasets. Our focus is on enhancing supply chain security through fraud detection, maintenance prediction, and material backorder forecasting. We introduce an automated machine learning framework that streamlines data analysis, model construction, and hyperparameter optimization for these tasks. By automating these processes, our framework improves the efficiency and effectiveness of supply chain security measures. Our research identifies key factors that influence machine learning performance, including sampling methods, categorical encoding, feature selection, and hyperparameter optimization. We demonstrate the importance of considering these factors when applying machine learning to supply chain challenges. Traditional mathematical programming models often struggle to cope with the complexity of large-scale supply chain problems. Our study shows that machine learning methods can provide a viable alternative, particularly when dealing with extensive datasets and complex patterns. The automated machine learning framework presented in this study offers a novel approach to supply chain security, contributing to the existing body of knowledge in the field. Its comprehensive automation of machine learning processes makes it a valuable contribution to the domain of supply chain management.
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- North America > United States > Louisiana > East Baton Rouge Parish > Baton Rouge (0.04)
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- Research Report > New Finding (0.88)
- Law Enforcement & Public Safety > Fraud (1.00)
- Information Technology > Security & Privacy (1.00)
- Banking & Finance > Economy (1.00)
Evaluating Supply Chain Resilience During Pandemic Using Agent-based Simulation
Recent pandemics have highlighted vulnerabilities in our global economic systems, especially supply chains. Possible future pandemic raises a dilemma for businesses owners between short-term profitability and long-term supply chain resilience planning. In this study, we propose a novel agent-based simulation model integrating extended Susceptible-Infected-Recovered (SIR) epidemiological model and supply and demand economic model to evaluate supply chain resilience strategies during pandemics. Using this model, we explore a range of supply chain resilience strategies under pandemic scenarios using in silico experiments. We find that a balanced approach to supply chain resilience performs better in both pandemic and non-pandemic times compared to extreme strategies, highlighting the importance of preparedness in the form of a better supply chain resilience. However, our analysis shows that the exact supply chain resilience strategy is hard to obtain for each firm and is relatively sensitive to the exact profile of the pandemic and economic state at the beginning of the pandemic. As such, we used a machine learning model that uses the agent-based simulation to estimate a near-optimal supply chain resilience strategy for a firm. The proposed model offers insights for policymakers and businesses to enhance supply chain resilience in the face of future pandemics, contributing to understanding the trade-offs between short-term gains and long-term sustainability in supply chain management before and during pandemics.
- North America > United States > Illinois > Cook County > Chicago (0.04)
- Europe > United Kingdom > England > Greater London > London (0.04)
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