Demand Forecasting in Supply Chain Management Using Different Deep Learning Methods

Author(s):  
Asma Husna ◽  
Saman Hassanzadeh Amin ◽  
Bharat Shah

Supply chain management (SCM) is a fast growing and largely studied field of research. Forecasting of the required materials and parts is an important task in companies and can have a significant impact on the total cost. To have a reliable forecast, some advanced methods such as deep learning techniques are helpful. The main goal of this chapter is to forecast the unit sales of thousands of items sold at different chain stores located in Ecuador with holistic techniques. Three deep learning approaches including artificial neural network (ANN), convolutional neural network (CNN), and long short-term memory (LSTM) are adopted here for predictions from the Corporación Favorita grocery sales forecasting dataset collected from Kaggle website. Finally, the performances of the applied models are evaluated and compared. The results show that LSTM network tends to outperform the other two approaches in terms of performance. All experiments are conducted using Python's deep learning library and Keras and Tensorflow packages.

2021 ◽  
Vol 2 (2) ◽  
Author(s):  
Kate Highnam ◽  
Domenic Puzio ◽  
Song Luo ◽  
Nicholas R. Jennings

AbstractBotnets and malware continue to avoid detection by static rule engines when using domain generation algorithms (DGAs) for callouts to unique, dynamically generated web addresses. Common DGA detection techniques fail to reliably detect DGA variants that combine random dictionary words to create domain names that closely mirror legitimate domains. To combat this, we created a novel hybrid neural network, Bilbo the “bagging” model, that analyses domains and scores the likelihood they are generated by such algorithms and therefore are potentially malicious. Bilbo is the first parallel usage of a convolutional neural network (CNN) and a long short-term memory (LSTM) network for DGA detection. Our unique architecture is found to be the most consistent in performance in terms of AUC, $$F_1$$ F 1 score, and accuracy when generalising across different dictionary DGA classification tasks compared to current state-of-the-art deep learning architectures. We validate using reverse-engineered dictionary DGA domains and detail our real-time implementation strategy for scoring real-world network logs within a large enterprise. In 4 h of actual network traffic, the model discovered at least five potential command-and-control networks that commercial vendor tools did not flag.


Algorithms ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 243
Author(s):  
Shun-Chieh Hsieh

The need for accurate tourism demand forecasting is widely recognized. The unreliability of traditional methods makes tourism demand forecasting still challenging. Using deep learning approaches, this study aims to adapt Long Short-Term Memory (LSTM), Bidirectional LSTM (Bi-LSTM), and Gated Recurrent Unit networks (GRU), which are straightforward and efficient, to improve Taiwan’s tourism demand forecasting. The networks are able to seize the dependence of visitor arrival time series data. The Adam optimization algorithm with adaptive learning rate is used to optimize the basic setup of the models. The results show that the proposed models outperform previous studies undertaken during the Severe Acute Respiratory Syndrome (SARS) events of 2002–2003. This article also examines the effects of the current COVID-19 outbreak to tourist arrivals to Taiwan. The results show that the use of the LSTM network and its variants can perform satisfactorily for tourism demand forecasting.


Author(s):  
Suchismita Satapathy

Research on sustainable supply chain management (SSCM) has been garnering interest because of its multi-approach in nature. SSCM has emerged as an essential method for organizations to develop and to enhance their competitive strategy through innovative ways in order to satisfy customer basic needs. It facilitates competitive advantage, faster flow of information, material, less response time, speeding up delivery action, better relation and coordination among partners, easy way of information sharing, and increasing order fulfilment rate. Implementing SSCM in organizations like thermal power plants has other benefits such as increasing attention about environmental performance intending the integration of social as well as economic performance. In this chapter, the artificial neural network (ANN) method is used to measure the customer satisfaction after implementing SSCM by thermal power industries.


2014 ◽  
Vol 2014 ◽  
pp. 1-14 ◽  
Author(s):  
Natalie M. Hughes ◽  
Chander Shahi ◽  
Reino Pulkki

We reviewed 153 peer-reviewed sources to provide identification of modern supply chain management techniques and exploration of supply chain modeling, to offer decision support to managers. Ultimately, the review is intended to assist member-companies of supply chains, mainly producers, improve their current management approaches, by directing them to studies that may be suitable for direct application to their supply chains and value chains for improved efficiency and profitability. We found that information on supply chain management and modeling techniques in general is available. However, few Canadian-based published studies exist regarding a demand-driven modeling approach to value/supply chain management for wood pellet production. Only three papers were found specifically on wood pellet value chain analysis. We propose that more studies should be carried out on the value chain of wood pellet manufacturing, as well as demand-driven management and modeling approaches with improved demand forecasting methods.


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