Koushik Paul

Work place: Department of Statistics and Data Science, Jahangirnagar University, Savar, Dhaka-1342, Bangladesh

E-mail: paulkoushik9400@gmail.com

Website:

Research Interests:

Biography

Koushik Paul: He earned his bachelor’s degree in Statistics in 2023 from Noakhali Science and Technology University, Bangladesh, with a thesis focused on public health. He then completed his first master's degree in Statistics and Data Science at Jahangirnagar University, Bangladesh, in 2024. Areas of scientific interests: Predictive Analysis, Machine Learning, Time Series Analysis and Public Health.
Email: paulkoushik9400@gmail.com

Author Articles
Unveiling Hidden Patterns: A Deep Learning Framework Utilizing PCA for Fraudulent Scheme Detection in Supply Chain Analytics

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.

[...] Read more.
Other Articles