Backorder Prediction
Backorder prediction focuses on accurately forecasting instances where customer orders cannot be immediately fulfilled due to inventory shortages. Current research emphasizes improving prediction accuracy using diverse machine learning models, including deep learning architectures (like sequence-to-sequence models and variational autoencoders), ensemble methods, and even emerging quantum-inspired approaches. These advancements aim to address challenges like imbalanced datasets and the need for model interpretability, ultimately leading to better inventory management, reduced costs, and improved supply chain resilience. The resulting insights offer significant practical value for businesses and contribute to the broader field of predictive analytics.