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A Multi-scale Feature Fusion Method for Demand Forecasting in Supply Chain Management

  • Jiajie Wu
  • , Jin Cui*
  • , Mei Yuan
  • , Xiaoyang Fan
  • , Jing Zhang
  • *Corresponding author for this work
  • Research Institute for Frontier Science
  • Beihang University
  • Tianmushan Laboratory
  • School of Automation Science and Electrical Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

For data-driven supply chain product demand forecasting, traditional methods tend to oversimplify the complexities of supply chain data, often neglecting its inherent heterogeneity and failing to extract valuable features. In response, we introduce a novel approach called Multi-Scale Feature Fusion Approach with Attention Mechanisms (MO-MSA) for supply chain product demand forecasting. MO-MSA leverages the distinctive characteristics of historical supply chain data, conducts multiscale feature extraction on time series data, and employs a string-parallel hybrid multi-step forecasting strategy to significantly enhance forecasting accuracy. Our experimental validation on the Corporación Favorita Grocery Sales Forecasting dataset demonstrates that MO-MSA outperforms various existing methods, delivering superior average forecasting.

Original languageEnglish
Title of host publicationIntelligent Networked Things - The 6th Conference on Intelligent Networked Things, CINT 2024, Proceedings
EditorsLin Zhang, Wensheng Yu, Quan Wang, Yuanjun Laili, Yongkui Liu
PublisherSpringer Science and Business Media Deutschland GmbH
Pages97-105
Number of pages9
ISBN (Print)9789819739479
DOIs
StatePublished - 2024
Event6th Conference on Intelligent Networked Things on Intelligent Networked Things, CINT 2024 - Xi'an, China
Duration: 18 May 2024 → 18 May 2024

Publication series

NameCommunications in Computer and Information Science
Volume2139 CCIS
ISSN (Print)1865-0929
ISSN (Electronic)1865-0937

Conference

Conference6th Conference on Intelligent Networked Things on Intelligent Networked Things, CINT 2024
Country/TerritoryChina
CityXi'an
Period18/05/24 → 18/05/24

Keywords

  • Demand Forecasting
  • Multi-Scale Feature Fusion
  • Supply Chain Management

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