This article presents a literature review of the different inventory management models applied in the industry, considering the importance of inventory classification and models for treating demand …

The rise of complex, global supply networks led to multi-echelon inventory models, which optimize stock management across multiple tiers, from suppliers to distributors and retailers.

The growing complexity of inventory management has led to the development of various inventory models. The objective of this review is to analyze the existing literature on inventory management …

Jul 1, 2022 · This research reviews inventory management concepts and implementations in the face of increasingly demanding human need.

Sep 26, 2023 · Inventory models: discover the most effective ones to optimise product management (EOQ, EPQ, ABC) and see how to apply them in your business. Control stock, minimise costs and …

By synthesizing classical theories and contemporary models such as deteriorating inventory, partial backlogging, inflation-affected inventories, and two-warehouse systems, this study provides a broad …

Based on the level of certainty of demand, two types of inventory model are usually developed: (1) deterministic demand models, and (2) stochastic (Bayesian) demand models.

Jan 1, 2023 · This section presents a framework that can be used for improving inventory control in companies that have to manage thousands of unique products, each having its own particular …

This study aims to identify the key factors that influence inventory management practices, investigate efficient and effective inventory management approaches, and examine the impact of supplier …

Dec 26, 2024 · Discover the top 7 types of inventory control models and strategies to enhance stock management, reduce waste, and boost operational efficiency.