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

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
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article

Optimizing Supply Chain Partnerships for Incheon-Based Suppliers : A Deep Neural Network Approach

Young‐Hyo Ahn, Kwan‐Ho Kim, Donghun Lee, Jin-Hee Ma
Korean Logistics Research Association
Advanced Manufacturing and Logistics Optimization
article

Optimizing Supply Chain Partnerships for Incheon-Based Suppliers : A Deep Neural Network Approach

Young‐Hyo Ahn, Kwan‐Ho Kim, Donghun Lee, Jin-Hee Ma
article en

Abstract

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.

Korean Logistics Research AssociationVol. 34(6)
Openalex Percentile: Top 61%
Advanced Manufacturing and Logistics Optimization
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Optimizing Supply Chain Partnerships for Incheon-Based Suppliers : A Deep Neural Network Approach — Young‐Hyo Ahn, Kwan‐Ho Kim, et al. · Korean Logistics Research Association (2024) | TGRS Research Map | TGRS