Periodic review inventory-control for perishable products under service-level constraints

OR Spectrum ◽  
2010 ◽  
Vol 32 (4) ◽  
pp. 979-996 ◽  
Author(s):  
Stefan Minner ◽  
Sandra Transchel
Keyword(s):  
Inventory Control ◽  
Service Level ◽  
Perishable Products ◽  
Periodic Review ◽  
Periodic Review Inventory

scholarly journals Forecast Methods and Periodic Review Inventory Model for Supply Planning to Reduce Food Waste

2021 ◽  
pp. 24-40
Author(s):  
Leslie-Noelia Ceballos-Palomares ◽  
Andrés-Benjamín Nava-Jiménez ◽  
Santiago-Omar Caballero-Morales ◽  
Patricia Cano-Olivos
Keyword(s):  
Inventory Control ◽  
Food Waste ◽  
Control Model ◽  
Perishable Products ◽  
Periodic Review ◽  
Stochastic Inventory ◽  
Stochastic Inventory Control ◽  
Supply Planning ◽  
Inventory Control Model ◽  
Periodic Review Inventory

Food waste is an important economic and resource problem in all countries around the world.  Particularly, the restaurant sector highly contributes to food waste and limited efforts or studies have been performed to overcome this problem. In this context, the present study addresses an alternative to improve the supply planning for perishable products in the restaurant sector through the application of specific forecasting methods and a stochastic inventory control model. For this purpose, a real enterprise within this economic sector was considered. Our findings support that monthly forecasts can be more appropriate for accurate demand estimation and supply planning of perishable products, which is important to reduce unnecessary products. Also, the periodic review inventory control model can lead to a more appropriate supply scheme to reduce the waste of surplus food. These findings and the proposed techniques can be used for other economic entities to reduce product waste due to poor supply planning.

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