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Ontology-Based Approach to Supplier Risk Management Using Large Language Models
IFAC-PapersOnLine, Volume: 59, Issue: 10, Pages: 2826 - 2831
Swansea University Authors:
Arnold Beckmann , Cinzia Giannetti
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Copyright © 2025 The Authors. This is an open access article under the CC BY-NC-ND license.
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DOI (Published version): 10.1016/j.ifacol.2025.09.475
Abstract
Suppliers play a critical role in the efficient functioning of supply chains, and any risks associatedwith them can significantly impact supply chain performance. While numerous studies have developed ontologies for various supplier-related areas, there is a lack of focus on ontologies specifically...
| Published in: | IFAC-PapersOnLine |
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| ISSN: | 2405-8963 |
| Published: |
Elsevier BV
2025
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| Online Access: |
Check full text
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa69399 |
| Abstract: |
Suppliers play a critical role in the efficient functioning of supply chains, and any risks associatedwith them can significantly impact supply chain performance. While numerous studies have developed ontologies for various supplier-related areas, there is a lack of focus on ontologies specifically addressing supplier risk management. In addition, the construction of ontologies has mainly relied on approaches which are time-consuming and resource-intensive. This paper bridges this gap with two major contributions: (i) A new methodology for ontology development that combines a Large Language Model (LLM) and a human expert to efficiently extract and organize domain knowledge from academic literature and (ii) A new supplier risk management ontology that formalizes knowledge related to supplier risk management. To evaluate its effectiveness, the proposed ontology is compared with one developed by a human expert to assess its completeness and accuracy. |
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| Keywords: |
Supplier risk; Supplier Selection; Ontology; Knowledge management; Large language models; LLM |
| College: |
Faculty of Science and Engineering |
| Funders: |
This work has been partially supported by the MIAI Multidisciplinary AI Institute at the Univ. Grenoble Alpes: (MIAI@Grenoble Alpes - ANR-19-P3IA-0003) |
| Issue: |
10 |
| Start Page: |
2826 |
| End Page: |
2831 |

