Prediction of Purchase Volume of Cross-Border e-Commerce Platform Based on BP Neural Network

Author:

Zhang Xiang1ORCID

Affiliation:

1. Zhuhai College of Science and Technology, Zhuhai, Guangdong 519040, China

Abstract

As a new form of foreign trade, cross-border e-commerce has huge development potential. Although the development prospect of cross-border e-commerce is good, the management of global supply chain is very important in order to gain a place in the fierce competition and develop steadily. The traditional forecasting of purchasing volume adopts time series, and the forecasting model is relatively simple. The purchase volume of the platform is related to the various consumption behaviors of consumers, such as the number of product reviews, the number of product collections, and whether there are tax subsidies. The sales volume in the next few days is predicted by the item number, time, and sales quantity. The four-layer BP neural network model is used, and the MATLAB neural network toolbox is used to draw the training error curve and the correlation coefficient curve. After network training, the training correlation coefficient R reaches 95.823%, and the prediction accuracy obtained at this time is higher. Further, using the established model based on BP algorithm, the traditional BP algorithm is optimized to obtain the purchase quantity of commodities. The method is applied to the forecast of commodity purchase volume of a cross-border e-commerce platform, and the results show that the average error rate of this method is 5.9%, which has high practical application value. The research results show that this paper considers multiple influencing factors and selects an appropriate forecasting method, which can effectively improve the accuracy of the company’s commodity sales forecast, so as to better formulate procurement plans and optimize inventory structure, which has certain implications for the actual operation of cross-border e-commerce platforms.

Publisher

Hindawi Limited

Subject

General Mathematics,General Medicine,General Neuroscience,General Computer Science

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