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Frontiers in Sustainability
Article . 2024 . Peer-reviewed
License: CC BY
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Frontiers in Sustainability
Article . 2024
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Accelerate demand forecasting by hybridizing CatBoost with the dingo optimization algorithm to support supply chain conceptual framework precisely

Authors: Ahmed M. Abed; Ahmed M. Abed;

Accelerate demand forecasting by hybridizing CatBoost with the dingo optimization algorithm to support supply chain conceptual framework precisely

Abstract

Supply chains (SCs) serve many sectors that are, in turn, affected by e-commerce which rely on the make-to-order (MTO) system to avoid a risk in following the make-to-stoke (MTS) policy due to poor forecasting demand, which will be difficult if the products have short shelf life (e.g., refrigeration foodstuffs). The weak forecasting negatively impacts SC sectors such as production, inventory tracking, circular economy, market demands, transportation and distribution, and procurement. The forecasting obstacles are in e-commerce data types that are massive, imbalanced, and chaotic. Using machine learning (ML) algorithms to solve the problem works well because they quickly classify things, which makes accurate forecasting possible. However, it was found that the accuracy of ML algorithms varies depending on the SC data sectors. Therefore, the presented conceptual framework discusses the relations among ML algorithms, the most related sectors, and the effective scope of tackling their data, which enables the companies to guarantee continuity and competitiveness by reducing shortages and return costs. The data supplied show the e-commerce sales that were made at 47 different online stores in Egypt and the KSA during 413 days. The article proposes a novel mechanism that hybridizes the CatBoost algorithm with Dingo Optimization (Cat-DO), to obtain precise forecasting. The Cat-DO has been compared with other six ML algorithms to check its superiority over autoregressive integrated moving average (ARIMA), long short-term memory (LSTM), deep neural network (DNN), categorical data boost (CatBoost), support vector machine (SVM), and LSTM-CatBoost by 0.52, 0.73, 1.43, 8.27, 15.94, and 13.12%, respectively. Transportation costs were reduced by 6.67%.

Keywords

e-business, hybridize algorithms, HB1-3840, machine learning, supply chain intelligence management, Economic theory. Demography, inventory control

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
8
Top 10%
Average
Top 10%
gold