Optimization of Inventory Management: A Literature Review

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  • First Online: 28 April 2023
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inventory management literature review pdf

  • Nabila Bouti 11 ,
  • Ibrahim Boukallal 11 &
  • Fatima El Khoukhi 12  

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 669))

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  • International Conference on Digital Technologies and Applications

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Inventory management (IM) is an essential component of the Supply Chain (SC). Maintaining the proper stock level through the SC optimizes the company’s costs and guarantees the delivery of goods to customers, ensuring their satisfaction. However, the diverse and numerous factors (demand, perishability, shortage, etc.) cause the IM problem's complexity as they influence the Inventory Management Optimization (IMO) process. This diversity triggers researchers to further examine of the IMO in view of the fact that these factors are interrelated. This paper reviews part of the work carried out, dealing with the optimization of the IM problem. The main objective of this study is to analyze different parameters of existing mathematical models of IMO, to deliver an overview describing the main factors of the problem.

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IA Laboratory, FS Meknes, Moulay Ismail University of Meknes, Meknes, Morocco

Nabila Bouti & Ibrahim Boukallal

IA Laboratory, FLSH Meknes, Moulay Ismail University of Meknes, Meknes, Morocco

Fatima El Khoukhi

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Saad Motahhir

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Badre Bossoufi

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Bouti, N., Boukallal, I., El Khoukhi, F. (2023). Optimization of Inventory Management: A Literature Review. In: Motahhir, S., Bossoufi, B. (eds) Digital Technologies and Applications. ICDTA 2023. Lecture Notes in Networks and Systems, vol 669. Springer, Cham. https://doi.org/10.1007/978-3-031-29860-8_92

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DOI : https://doi.org/10.1007/978-3-031-29860-8_92

Published : 28 April 2023

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