An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

In this paper, we consider a multiproduct two-echelon production-inventory-distribution system design model that captures risk-pooling effects by consolidating the safety-stock inventory of the ...

We are on the verge of a major upheaval in the way inventory is managed. This revolution is a result of the availability of the huge amounts of real-time data that are now routinely generated on the ...