QAmplifyNet: Pushing the Boundaries of Supply Chain Backorder Prediction Using Interpretable Hybrid Quantum-Classical Neural Network (2307.12906v2)

Abstract: Supply chain management relies on accurate backorder prediction for optimizing inventory control, reducing costs, and enhancing customer satisfaction. However, traditional machine-learning models struggle with large-scale datasets and complex relationships, hindering real-world data collection. This research introduces a novel methodological framework for supply chain backorder prediction, addressing the challenge of handling large datasets. Our proposed model, QAmplifyNet, employs quantum-inspired techniques within a quantum-classical neural network to predict backorders effectively on short and imbalanced datasets. Experimental evaluations on a benchmark dataset demonstrate QAmplifyNet's superiority over classical models, quantum ensembles, quantum neural networks, and deep reinforcement learning. Its proficiency in handling short, imbalanced datasets makes it an ideal solution for supply chain management. To enhance model interpretability, we use Explainable Artificial Intelligence techniques. Practical implications include improved inventory control, reduced backorders, and enhanced operational efficiency. QAmplifyNet seamlessly integrates into real-world supply chain management systems, enabling proactive decision-making and efficient resource allocation. Future work involves exploring additional quantum-inspired techniques, expanding the dataset, and investigating other supply chain applications. This research unlocks the potential of quantum computing in supply chain optimization and paves the way for further exploration of quantum-inspired machine learning models in supply chain management. Our framework and QAmplifyNet model offer a breakthrough approach to supply chain backorder prediction, providing superior performance and opening new avenues for leveraging quantum-inspired techniques in supply chain management.