Courier Payout Cash-Flow Prediction in Crowdsourced E-Commerce Logistics: a Hybrid Machine Learning Approach
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Date
2024
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Springer international Publishing Ag
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Abstract
In the rapidly growing sector of crowdsourced e-commerce logistics, where delivery volumes are highly variable, the effective management of courier payouts becomes essential to maintain operational efficiency. This paper introduces a comprehensive hybrid approach, blending clustering methods with multiple advanced regression models, to accurately predict daily courier payout cash-flows. By utilizing real-world data from e-commerce operations, our methodology estimates the daily financial outflows for courier payments, a critical component for adapting to the dynamic and unpredictable nature of crowdsourced logistics. Our approach includes a thorough comparative analysis of several stateof- the-art regression models - namely, XGBoost Regressor, LightGBM Regressor, and Facebook's PROPHET - in conjunction with clustering techniques that categorize similar cross-docks based on distinct characteristics. This integrated, hybrid strategy aims to provide precise daily financial predictions for each cross-dock, which is crucial for robust financial planning and effective resource allocation. The practical implications of this research are significant, offering logistics companies a powerful tool to navigate the complexities of e-commerce environments. By ensuring more accurate cash-flow predictions, companies can optimize their operations, reduce financial uncertainties, and improve overall service quality in the highly competitive and fast-paced world of e-commerce logistics.
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Keywords
E-Commerce Logistics, Crowdsourcing, Payout Prediction, Regression, Clustering, XGBoost, LightGBM, Prophet, Machine Learning
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N/A
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Q4
Source
International Conference on Intelligent and Fuzzy Systems (INFUS) -- JUL 16-18, 2024 -- Istanbul Tech Univ, Canakkale, TURKEY
Volume
1089
Issue
Start Page
195
End Page
207