Inventory optimization for perishables subject to supply disruptions

DOI10.1007/S11590-015-0858-7MaRDI QIDQ5963693zbMATH OpenOpenAlexWikidataFDO

Authors Zümbül Atan, Martine Rousseau

Publication date 23 February 2016

Published in Optimization Letters (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1007/s11590-015-0858-7

zbMATH Keywords

risk managementperishable productssupply disruptionsinventory mitigation strategy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Transportation, logistics and supply chain management (90B06)

Recommendations

• Inventory systems with stochastic demand and supply: properties and approximations
• Optimal ordering policies when anticipating a disruption in supply or demand
• Analysis of base-stock perishable inventory systems with general lifetime and lead-time
• Closed-form (R,S) inventory policies for perishable inventory systems with supply chain disruptions
• Analysis of a two-party supply chain with random disruptions

Cites work

• A heuristic to manage perishable inventory with batch ordering, positive lead-times, and time-varying demand
• Fundamentals of supply chain theory
• Inventory systems with stochastic demand and supply: properties and approximations
• On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks
• Recent trends in modeling of deteriorating inventory
• Rescheduling for New Orders
• Review of inventory systems with deterioration since 2001
• Survey of Literature on Continuously Deteriorating Inventory Models

Cited in

(16)

• Developing childhood vaccine administration and inventory replenishment policies that minimize open vial wastage
• An optimal decision model for disposal of perishable inventories
• Closed-form (R,S) inventory policies for perishable inventory systems with supply chain disruptions
• Problems of control of perishable product stocks
• Two-period pricing and ordering decisions of perishable products with a learning period for demand disruption
• scientific article; zbMATH DE number 7235254 (Why is no real title available?)
• Inventory rotation of medical supplies for emergency response
• A stochastic programming approach to design perishable product supply chain network under different disruptions
• Dynamics of sensor-based information in supply chains with perishables substitutable by non-perishables
• A study on the effect of yield uncertainty in price-setting newsvendor models with additive-multiplicative demand
• Inventory problems with perishable items: fixed lifetimes and backlogging
• Intelligent inventory management approaches for perishable pharmaceutical products in a healthcare supply chain
• Analysis of an inventory system with emergency ordering option at the time of supply disruption
• Optimization of a perishable inventory system with both stochastic demand and supply: comparison of two scenario approaches
• An effective approach for optimization of a perishable inventory system with uncertainty in both demand and supply
• Time-based service constraints for inventory systems with commitment lead time

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