Optimizing Supply Chain Partnerships for Incheon-Based Suppliers : A Deep Neural Network Approach
The purpose of this study is to predict the transaction probability between Incheon-based suppliers and nationwide buyers using a Deep Neural Network (DNN)-based Business Partner Recommendation (BPR) model and to identify key predictors of transaction success. Focusing on the unique transaction patterns of Incheon-based suppliers, this study integrates multidimensional data, including industry sector, product characteristics, geographical distance, and transaction volume, to present a Transaction Probability Score that assesses the likelihood of successful partnerships. The analysis reveals that industry compatibility and product specialization are more significant predictors of successful transactions for Incheon-based suppliers than geographical proximity. These findings highlight the value of deep learning models in enhancing supply chain efficiency and optimizing partnership recommendations within complex trade networks.
Authors
- Young‐Hyo Ahn (ORCID: https://orcid.org/0000-0001-5196-473X)
- Kwan‐Ho Kim
- Donghun Lee (ORCID: https://orcid.org/0000-0003-2141-6761)
- Jin-Hee Ma
Publication Details
- Journal
- Korean Logistics Research Association
- Published
- 2024-12-31
- DOI
- https://doi.org/10.17825/klr.2024.34.6.137
- Primary Topic
- Advanced Manufacturing and Logistics Optimization
- Type
- article
- Field-Weighted Citation Impact
- 0.00