Potential Demand Forecasting for Steel Products in Spot Markets Using a Hybrid SARIMA‐LSSVM Approach DOI Open Access
J. Huang, Ying Meng,

Min Xiao

et al.

Journal of Forecasting, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 22, 2025

ABSTRACT Compared to make‐to‐order production based on customer order, make‐to‐stock forecast can effectively reduce inventory level and cost. However, due high randomness of spot markets many uncertainties in environments, it is hard the products accurately. In this article, a hybrid model combining seasonal autoregressive integrated moving average (SARIMA) least square support vector machines (LSSVMs) proposed potential demand steel products. First, SARIMA multiobjective differential evolution with improved mutation strategies developed extract linear components demand. Then, sparse strategy designed useful data hence computation complexity without loss accuracy. Next, LSSVMs combined single‐objective are adopted nonlinear Finally, experimental results real‐world instance demonstrate effectiveness algorithm.

Language: Английский

Energy demand forecasting in China: A support vector regression-compositional data second exponential smoothing model DOI
Congjun Rao, Yue Zhang,

Jianghui Wen

et al.

Energy, Journal Year: 2022, Volume and Issue: 263, P. 125955 - 125955

Published: Nov. 2, 2022

Language: Английский

Citations

87

Predictive Analytics for Demand Forecasting – A Comparison of SARIMA and LSTM in Retail SCM DOI Open Access
Taha Falatouri, Farzaneh Darbanian, Patrick Brandtner

et al.

Procedia Computer Science, Journal Year: 2022, Volume and Issue: 200, P. 993 - 1003

Published: Jan. 1, 2022

The application of predictive analytics (PA) in Supply Chain Management (SCM) has received growing attention over the last years, especially demand forecasting. purpose this paper is to provide an overview approaches retail SCM and compare quality two selected methods. data used comprises more than 37 months actual sales from Austrian retailer. Based on data, SARIMA LSTM models were trained evaluated. Both produced reasonable good results. In general, performed better for products with stable demand, while showed results seasonal behavior. addition, we compared SARIMAX by adding external factor promotions found that significantly promotions. To further improve forecasting store level, suggest hybrid training SARIMA(X) similar, pre-clustered groups.

Language: Английский

Citations

81

Supply Chain 4.0 performance measurement: A systematic literature review, framework development, and empirical evidence DOI Creative Commons
Kannan Govindan, Devika Kannan,

Thomas Ballegård Jørgensen

et al.

Transportation Research Part E Logistics and Transportation Review, Journal Year: 2022, Volume and Issue: 164, P. 102725 - 102725

Published: July 6, 2022

Companies require a greater understanding of the Supply Chain (SC) benefits that can be gained from industry 4.0 (I4.0) and, more specifically, which technologies and concepts improve certain SC performance measures. A state-of-the-art systematic literature review (SLR) has been done on supply chain measurement linked with various technologies. Based findings through content analysis, this paper presents framework for exploring usage I4.0 to identify potential This includes dimensions Procurement 4.0, Manufacturing Logistics Warehousing 4.0. As scientific contribution, study validated proposed case studies, where existing studies are limited. Finally, several fruitful future possible extensions have discussed based framework.

Language: Английский

Citations

71

An analysis of performance, pricing, and coordination in a supply chain with cloud services: The impact of data security DOI
Sen Liu,

Wenzhao Han,

Zhe Zhang

et al.

Computers & Industrial Engineering, Journal Year: 2024, Volume and Issue: 192, P. 110237 - 110237

Published: May 21, 2024

Language: Английский

Citations

21

Sustainable Innovations in the Food Industry through Artificial Intelligence and Big Data Analytics DOI Creative Commons
Saurabh Sharma, Vijay Kumar Gahlawat, Kumar Rahul

et al.

Logistics, Journal Year: 2021, Volume and Issue: 5(4), P. 66 - 66

Published: Sept. 27, 2021

The agri-food sector is an endless source of expansion for nourishing a vast population, but there considerable need to develop high-standard procedures through intelligent and innovative technologies, such as artificial intelligence (AI) big data. This paper addresses the research concerning AI data analytics in food industry, including machine learning, neural networks (ANNs), various algorithms. Logistics, supply chain, marketing, production patterns are covered along with sub-sector applications techniques. It found that utilization techniques optimization algorithm also leads significant process management. Thus, digital technologies boon where have enabled us achieve optimum results realtime.

Language: Английский

Citations

82

Machine learning and optimization models for supplier selection and order allocation planning DOI
Samiul Islam, Saman Hassanzadeh Amin, Leslie J. Wardley

et al.

International Journal of Production Economics, Journal Year: 2021, Volume and Issue: 242, P. 108315 - 108315

Published: Sept. 24, 2021

Language: Английский

Citations

63

Recent progress towards photovoltaics’ circular economy DOI
Malek Kamal Hussien Rabaia, Concetta Semeraro, A.G. Olabi

et al.

Journal of Cleaner Production, Journal Year: 2022, Volume and Issue: 373, P. 133864 - 133864

Published: Aug. 31, 2022

Language: Английский

Citations

50

Analysis of social barriers to sustainable innovation and digitisation in supply chain DOI Open Access

Priyanshu Singh,

R. Maheswaran

Environment Development and Sustainability, Journal Year: 2023, Volume and Issue: 26(2), P. 5223 - 5248

Published: Jan. 18, 2023

Language: Английский

Citations

28

On the Application of ARIMA and LSTM to Predict Order Demand Based on Short Lead Time and On-Time Delivery Requirements DOI Open Access
Chien-Chih Wang, Chun-Hua Chien, Amy J.C. Trappey

et al.

Processes, Journal Year: 2021, Volume and Issue: 9(7), P. 1157 - 1157

Published: July 2, 2021

Suppliers are adjusting from the order-to-order manufacturing production mode toward demand forecasting. In meantime, customers have increased uncertainty due to their own considerations, such as end-product frustration, which leads suppliers’ inaccurate forecasting and inventory wastes. Our research applies ARIMA LSTM techniques establish rolling forecast models, greatly improve accuracy efficiency of The developed through historical data, evaluated verified by root mean squares average absolute error percentages in actual case application, i.e., orders IC trays for semiconductor plants. proposed superior manufacturer’s empirical model prediction results, with exhibiting enhanced performance terms short-term continued decline significantly after two months implementation application.

Language: Английский

Citations

44

Covid-19′s fear-uncertainty effect on renewable energy supply chain management and ecological sustainability performance; the moderate effect of big-data analytics DOI
Moustafa Mohamed Nazief Haggag Kotb Kholaif, Ming Xiao, Xinmeng Tang

et al.

Sustainable Energy Technologies and Assessments, Journal Year: 2022, Volume and Issue: 53, P. 102622 - 102622

Published: Aug. 22, 2022

Language: Английский

Citations

29