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Inventory Optimization Techniques for Perishable Goods in The Retail Supply Chain
Subject area: Science,Engineering and Technology · Area of research: Operation Managment
Abstract
This paper presents a comprehensive review of modern inventory optimization strategies specifically designed for perishable products in the retail sector. It highlights the unique obstacles posed by limited product lifespan, unpredictable demand, and the necessity to minimize waste. The discussion encompasses advanced modeling techniques, integration of digital technologies, and practical in- dustry applications. The results underscore effective practices and actionable recommendations for retailers striving to enhance service quality, reduce losses, and promote sustainability. The article also addresses regulatory requirements, environmental considerations, and the transformative impact of digitalization on inventory management, while exploring future trends and the influence of sustainability on supply chain strategies.
How to cite this paper
@article{1709195,
author = {Saurav Kumar},
title = {Inventory Optimization Techniques for Perishable Goods in The Retail Supply Chain},
journal = {Iconic Research And Engineering Journals},
year = {2025},
volume = {8},
number = {12},
pages = {528-533},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1709195.pdf},
abstract = {This paper presents a comprehensive review of modern inventory optimization strategies specifically designed for perishable products in the retail sector. It highlights the unique obstacles posed by limited product lifespan, unpredictable demand, and the necessity to minimize waste. The discussion encompasses advanced modeling techniques, integration of digital technologies, and practical in- dustry applications. The results underscore effective practices and actionable recommendations for retailers striving to enhance service quality, reduce losses, and promote sustainability. The article also addresses regulatory requirements, environmental considerations, and the transformative impact of digitalization on inventory management, while exploring future trends and the influence of sustainability on supply chain strategies.},
month = {June},
}