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Agile forecasting of dynamic logistics demand

  • Xin Miao*
  • , Bao Xi
  • *Corresponding author for this work
  • School of Management, Harbin Institute of Technology

Research output: Contribution to journalArticlepeer-review

Abstract

The objective of this paper is to study the quantitative forecasting method for agile forecasting of logistics demand in dynamic supply chain environment. Characteristics of dynamic logistics demand and relative forecasting methods are analyzed. In order to enhance the forecasting efficiency and precision, extended Kalman Filter is applied to training artificial neural network, which serves as the agile forecasting algorithm. Some dynamic influencing factors are taken into consideration and further quantified in agile forecasting. Swarm simulation is used to demonstrate the forecasting results. Comparison analysis shows that the forecasting method has better reliability for agile forecasting of dynamic logistics demand.

Original languageEnglish
Pages (from-to)26-30
Number of pages5
JournalTransport
Volume23
Issue number1
DOIs
StatePublished - 2008
Externally publishedYes

Keywords

  • Agility
  • Computer simulation
  • Dynamic influencing factors
  • Forecasting
  • Hybrid algorithm
  • Logistics
  • Supply chain management
  • Swarm

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