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Record W4401228970 · doi:10.62051/ijmee.v3n1.03

Blockchain-Based Solutions for Reducing Inventory Shrinkage and Fraud

2024· article· en· W4401228970 on OpenAlexaff
Robert Dunn, Matthew Smyth

Bibliographic record

VenueInternational Journal of Mechanical and Electrical Engineering · 2024
Typearticle
Languageen
FieldComputer Science
TopicBlockchain Technology Applications and Security
Canadian institutionsUniversity of Waterloo
Fundersnot available
KeywordsBlockchainTraceabilitySupply chainAuditTransparency (behavior)ShrinkageInventory managementBusinessRisk analysis (engineering)Computer scienceProcess managementComputer securityOperations managementAccountingMarketingEngineering

Abstract

fetched live from OpenAlex

Inventory shrinkage and fraud represent significant challenges within supply chain management, leading to substantial financial losses for businesses. Traditional inventory management methods, reliant on manual audits and RFID tags, are often insufficient in preventing these issues due to their susceptibility to human error and tampering. Blockchain technology, characterized by its decentralized and immutable nature, offers a promising solution to these problems. This paper explores the application of blockchain-based systems in reducing inventory shrinkage and fraud. By leveraging blockchain's capabilities for enhanced transparency, traceability, and security, businesses can more effectively manage their inventory. The study presents a comprehensive analysis of blockchain technology's principles, benefits, and limitations, alongside real-world case studies and a proof-of-concept experiment. Results indicate that blockchain integration, particularly when combined with IoT devices and smart contracts, significantly reduces shrinkage rates and improves fraud detection, highlighting its potential as a transformative tool in supply chain management.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.007
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.006
Threshold uncertainty score0.019

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.007
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0010.001
Scholarly communication0.0020.004
Open science0.0010.003
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0060.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.010
GPT teacher head0.235
Teacher spread0.224 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2024
Admission routes1
Has abstractyes

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