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Leveraging LSTM for Precision Inventory Management by Future Demand Forecasting
A deep-learning approach combining LSTM networks with customer purchase-pattern mining to forecast future demand and manage inventory, achieving 98 percent accuracy in the reported tests.
Dr. Jayarethanam Pillai, AI Economist & Founder
At a glance
Type
Journal article
Publisher
Journal of Applied Research and Technology
Year
2025
Also credited
With Aviral Kumar Tiwari and Rekh Ram Janghel
"Leveraging LSTM for Precision Inventory Management by Future Demand Forecasting" appears in the Journal of Applied Research and Technology (Vol. 23, No. 1, pp. 8-21, 2025), co-authored by Aviral Kumar Tiwari, Jayarethanam Pillai and Rekh Ram Janghel, proposing an LSTM-based approach to identify high-utility items from customer buying patterns and manage inventory against future demand.
Source
Catalogued by Dr. Jayarethanam Pillai's Google Scholar profile ›
More by Dr. Jayarethanam Pillai
- Transitional Entrepreneurship: Establishing Parameters of the Field
A peer-reviewed paper setting out the defining parameters of transitional entrepreneurship as a field of study, co-authored with Garry D. Bruton and Norris Sheng.
- Storytelling, the Scale of Persuasion and Retention: A Neuromarketing Approach
A neuromarketing study of how storytelling affects persuasion and retention, published in the Journal of Retailing and Consumer Services.
- Nation Brand Image and Economic Development: Is There a Connection?
A study testing whether a nation's brand image is connected to its economic development outcomes, co-authored with Taoufik Zeriouh, Nicolas Hamelin, Talha D. Harcar and John Lodewijks.
- Kyrgyz Republic: Improving Growth Potential
A chapter on leveraging service-sector growth in the Kyrgyz Republic, co-authored with Kiyoshi Taniguchi, in the Asian Development Bank's report on the country's growth potential.
- Research and Development Transformation in Central Asia: University-led Research Consortiums
A study of university-industry research collaboration models across Central Asia, co-authored with Aureliu Sindila and Anna Nagornova during his deanship at the American University of Central Asia.
- The Relationship Between Oil Prices and US Economy Revisited
A wavelet-based quantile regression study of how crude oil prices and US economic growth are linked across time horizons, co-authored with Debojyoti Das, Vaneet Bhatia and Aviral Kumar Tiwari.
- Innovation Networks and the New Asian Regionalism: A Knowledge Platform on Economic Productivity
A review of Hans-Peter Brunner's book on innovation networks and economic productivity across Asia, published in the Journal of Southeast Asian Economies.
- Frontier and Developing Asia: The Next Generation of Emerging Markets
A review of Alfred Schipke's edited volume on frontier and developing Asian markets, published in the Journal of Southeast Asian Economies.
- The Flexible Developmental State? The Case of the Singapore Electronics Industry
His PhD thesis, proposing a 'Flexible Developmental State' model and testing it against Singapore's electronics industry and its record of state-led industrial upgrading.
- Importance of Clusters in Industry Development: A Case of Singapore's Petrochemical Industry
A study of how Singapore's government mobilised cluster participants to build a globally competitive petrochemical industry, drawn from his early research on industry cluster policy.
- Historical Assessment of the Port of Singapore Authority and Its Progression Towards a 'High-Tech Port'
A working paper tracking the Port of Singapore Authority's development from 1970 to 2000 and its progress toward a competitive, technology-led 'high-tech port.'
- Service Exports from a Small City-State: The Case of Port of Singapore Authority
A working paper examining how the Port of Singapore Authority built a service-export capability from a small city-state's port operations.
- Technological Transfer Through Service Exports: The Case of Singapore's Port and Health Care Services
His M.Phil thesis, examining how Singapore's port and health care services drove technology transfer through service exports.