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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.
References
[1] Nahmias, S. (2011). Perishable Inventory Systems. Springer.
[2] Kourentzes, N., & Petropoulos, F. (2016). Fore- casting with Intermittent Demand. International Journal of Forecasting.
[3] Raman, A., & Fisher, M. (2010). Supply Chain Management for Perishable Products. Harvard Business Review.
[4] Karaesmen, F., Scheller-Wolf, A., & van Donse-Managing Perishable Inventory Systems. Springer.
[5] Goyal, S.K., & Giri, B.C. (2001). Recent trends in modeling of deteriorating inventory. European Journal of Operational Research.
[6] van Donselaar, K., et al. (2016). Inventory control of perishables in supermarkets. International Jour- nal of Production Economics.
[7] United Nations Food and Agriculture Organization (FAO) reports on food waste.
[8] U.S. Food Safety Modernization Act (FSMA) doc- umentation.
[9] European Union General Food Law Regulation
[10] Industry white papers on IoT and AI in retail supply chains.
[11] World Economic Forum reports on circular econ- omy and sustainability in retail.
[12] Blue Apron and HelloFresh annual sustainability reports.
[13] Pfizer COVID-19 vaccine distribution case studies.
[14] European Commission Farm to Fork Strategy documentation.
[15] U.S. FDA New Era of Smarter Food Safety Blueprint.
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},
}