The paper investigates how inventory control of perishable items is managed and line up some possible options of improvement. This includes a review of relevant literature dealing with the challenges of determining ordering policies for perishable products and a study of how the current procedures in the retail supply chains. The goal is to find and evaluate the parameters which affect the decision making process, when finding the optimal order quantity and order time. The paper takes a starting point in the retail industry but links to other industries.
Ifip Advances in Information and Communication Technology: Ifip Wg 5.7 International Conference, Apms 2012, Rhodes, Greece, September 24-26, 2012, Revised Selected Papers, Part II, 2013, p. 670-677
Main Research Area:
Ifip Aict - Advances in Information and Communication Technology
International Conference on Advances in Production Management Systems (APMS), 2013