Internet of things and its challenges in supply chain management; a rough strength-relation analysis method

Pishdar, Mahsa; Ghasemzadeh, Fatemeh; Antuchevičienė, Jurgita; Šaparauskas, Jonas

doi:10.15240/tul/001/2018-2-014

Cited by 25 publications

(23 citation statements)

References 10 publications

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“…Lastly, targeted and effective methods for macro-and micro-prudential regulation in the financial market in order to decrease human resources and increase management efficiency must also be urgently developed. Recently, Reg-tech, which simply means financial regulation using modern intelligent technologies, has become a popular tool to detect financial risk and is partly employed to regulate (Larsen & Gilani, 2017;Pishdar, Ghasemzadeh, Antucheviciene, & Saparauskas, 2018). Thus, it can provide an effective approach based on information technology, which is associated with marco-and micro-policy instruments responding to TBML, although it is very difficult to be implemented due to the lack of clue detection and intelligent technologies.…”

Section: Introductionmentioning

confidence: 99%

Behavior Monitoring Methods for Trade-Based Money Laundering Integrating Macro and Micro Prudential Regulation: A Case From China

Chao

Kou

Alsaadi

2019

Technological and Economic Development of Economy

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Trade-based Money Laundering, a new form of money laundering using international trade as a signboard, always appears along with speculative capital movement which has been accepted as the most concerned and consensus incentive giving rise to the collapse of the financial market. Unfortunately, preventing money laundering is very difficult since money laundering always has a plausible trade characterization. To reach this goal, supervision for regulator and financial institutions aims to effectively monitor micro entities’ behavior in financial markets. The main purpose of this paper is to establish a monitoring method including accurate recognition and classified supervision for Trade-based Money Laundering by means of knowledge-driven multi-class classification algorithms associated with macro and micro prudential regulation, such that the model can forecast the predicted class from the concerned management areas. Based on empirical data from China, we demonstrate the application and explain how the monitor method can help to improve management efficiency in the financial market.

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Section: Introductionmentioning

confidence: 99%

Behavior Monitoring Methods for Trade-Based Money Laundering Integrating Macro and Micro Prudential Regulation: A Case From China

Chao

Kou

Alsaadi

2019

Technological and Economic Development of Economy

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“…In the macrogroup for financial, environmental, and legal challenges, several authors emphasized the high investment needed to implement such solutions (Büyüközkan & Göçer, 2018;Haddud et al, 2017;Harrison et al, 2016;Kache & Seuring, 2017;Kynast & Marjanovic, 2016;Sánchez López et al, 2012;Queiroz & Telles, 2018;Tu, 2018). Pishdar et al (2018) emphasized that such investments to obtain data and services derived from these technologies will not always present financial returns.…”

Section: Resultsmentioning

confidence: 99%

Supply Chain 4.0 challenges

2020

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The Supply Chain has undergone major transformations due to the need to implement new Industry 4.0 technologies, such as Internet of Things, Big Data, Cyber-Physical Systems and Cloud Computing. Thanks to these technologies, as well as to their subsystems and components, full integration of the supply chain is becoming possible. However, it is observed that the real impacts of Industry 4.0 technologies, rather positive or negative, are not yet totally clear and identified. This paper aims to identify and present an analysis of the challenges and obstacles that Industry 4.0 technologies may cause in the Supply Chain. For this, the most relevant papers on the topic were selected and analyzed through a systematic literature review. Twenty challenges grouped into four macrogroups were identified: (1) technical challenges, (2) financial, environmental and legal challenges, (3) technological challenges, and (4) sociocultural challenges. It should be noted that these challenges require greater attention and more in-depth studies on the part of the academy to support industry in order to mitigate them and thus allow better use of the available technological resources and optimize the performance of Supply Chain operations.

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“…Finally, a practical case study concerning waste incineration plants location problem is designed to validate the proposed algorithms and some comparative studies are also designed to verify the applicability. In our future research, the proposed methods and algorithm will be needful and meaningful for other real decision making problems [52][53][54][55][56][57][58][59][60] and the developed approaches can also be extended to other fuzzy [48,61,62] and uncertain information [63][64][65][66][67][68][69][70][71][72][73].…”

Section: Resultsmentioning

confidence: 99%

GRA Method for Probabilistic Linguistic Multiple Attribute Group Decision Making with Incomplete Weight Information and Its Application to Waste Incineration Plants Location Problem

Lei¹,

Wei²,

Lu³

et al. 2019

IJCIS

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Multiple attribute group decision making (MAGDM) Probabilistic linguistic term sets (PLTSs) GRA method Incomplete weight information Waste incineration plants A B S T R A C TIn this essay, we investigate the probabilistic linguistic multiple attribute group decision making (PL-MAGDM) with incomplete weight information. In this method, the linguistic representation developed recently is converted into probabilistic linguistic information. For deriving the weight information of the attribute, an optimization model is built on the basis of the fundamental idea of grey relational analysis (GRA), by which the attribute weights can be decided. Then, the optimal alternative is chosen through calculating largest relative relational degree from the probabilistic linguistic positive ideal solution (PLPIS) which considers both the largest grey relational coefficient (GRC) from the PLPIS and the smallest GRC form probabilistic linguistic negative ideal solution (PLNIS). In the end, a case study concerning waste incineration plants location problem is given to demonstrate the merits of the developed methods.

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Internet of things and its challenges in supply chain management; a rough strength-relation analysis method

Cited by 25 publications

References 10 publications

Behavior Monitoring Methods for Trade-Based Money Laundering Integrating Macro and Micro Prudential Regulation: A Case From China

Behavior Monitoring Methods for Trade-Based Money Laundering Integrating Macro and Micro Prudential Regulation: A Case From China

Supply Chain 4.0 challenges

GRA Method for Probabilistic Linguistic Multiple Attribute Group Decision Making with Incomplete Weight Information and Its Application to Waste Incineration Plants Location Problem

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