Work place: Department of Electronics and Communication Engineering, Khulna University of Engineering & Technology, Khulna-9203, Bangladesh
E-mail: pritombiswas005@gmail.com
Website:
Research Interests:
Biography
Pritom Biswas Udas: He holds a B.Sc. degree in Electronics and Communication Engineering (ECE) from Khulna University of Engineering & Technology (KUET), Khulna, Bangladesh, obtained in 2022. Areas of scientific interests: Network Security, Deep Learning, Pattern Recognition, Generative AI.
Email: pritombiswas005@gmail.com
By Kowshik Sankar Roy Pritom Biswas Udas Bashirul Alam Koushik Paul
DOI: https://doi.org/10.5815/ijisa.2025.02.02, Pub. Date: 8 Apr. 2025
Supply chain fraud, a persistent issue over the decades, has seen a significant rise in both prevalence and sophistication in recent years. In the current landscape of supply chain management, the increasing complexity of fraudulent activities demands the use of advanced analytical tools. Despite numerous studies in this domain, many have fallen short in exploring the full extent of recent developments. Thus, this paper introduces an innovative deep learning-based classification model specifically designed for fraud detection in supply chain analytics. To enhance the model's performance, hyperparameters are fine-tuned using Bayesian optimization techniques. To manage the challenges posed by high-dimensional data, Principal Component Analysis (PCA) is applied to streamline data dimensions. In order to address class imbalance, the SMOTE technique has been employed for oversampling the minority class of the dataset. The model's robustness is validated through evaluation on the well-established 'DataCo smart supply chain for big data analysis' dataset, yielding impressive results. The proposed approach achieves a 94.71% fraud detection rate and an overall accuracy of 99.42%. Comparative analysis with various other models highlights the significant improvements in fraud transaction detection achieved by this approach. While the model demonstrates high accuracy, it may not be directly transferable to more diverse or real-world datasets. As part of future work, the model can be tested on more varied datasets and refined to enhance generalizability, better aligning it with real-world scenarios. This will include addressing potential overfitting to the specific dataset used and ensuring further validation across different environments to confirm the model's robustness and generalizability.
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