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Research Handbook on Inventory Management
This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century’s progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned inventory scholars from major international research universities, this Handbook explores key areas including mathematical modelling, the interplay of inventory decisions and other business decisions and the unique challenges posed to multiple industries.
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Critical Acclaim
Contributors
More Information
This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century’s progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned inventory scholars from major international research universities, this Handbook explores key areas including mathematical modelling, the interplay of inventory decisions and other business decisions and the unique challenges posed to multiple industries.
Organized into three distinct sections, chapters summarize the key developments in quantitative inventory research over the past two decades. Mapping out the fundamental theories and methodologies of inventory management, the Handbook examines interfaces and explores interdisciplinary topics in response to technological advancement and globalization. It concludes with an analysis of context-specific models, discussing tailored modelling and analytical solutions of inventory systems in the fast-changing industries of healthcare, spare parts logistics, retailing, and online retailing.
An important reference tool, this Handbook will be essential to scholars and researchers invested in the fields of business and operations and supply chain management. Its insightful coverage of the practicalities of current research will be indispensable for practitioners and regulators within these fields.
Organized into three distinct sections, chapters summarize the key developments in quantitative inventory research over the past two decades. Mapping out the fundamental theories and methodologies of inventory management, the Handbook examines interfaces and explores interdisciplinary topics in response to technological advancement and globalization. It concludes with an analysis of context-specific models, discussing tailored modelling and analytical solutions of inventory systems in the fast-changing industries of healthcare, spare parts logistics, retailing, and online retailing.
An important reference tool, this Handbook will be essential to scholars and researchers invested in the fields of business and operations and supply chain management. Its insightful coverage of the practicalities of current research will be indispensable for practitioners and regulators within these fields.
Critical Acclaim
‘This Handbook is a fabulous and timely addition to the literature on inventory theory. Jeannette Song has curated a comprehensive set of chapters that cover the theoretical developments for all relevant inventory models, from the origins of inventory theory up to today. The Handbook should be an invaluable resource for the research community, especially for the doctoral students who will write the next chapters.’
– Stephen Graves, Massachusetts Institute of Technology, US
‘This Handbook is a most comprehensive treatment of inventory management. It has great breadth, showing the multiple dimensions in which inventory models have developed and advanced in different areas. It also has depth, as it provides the theoretical foundations, leading to the most current advances by leading researchers. I highly recommend this book.’
– Hau Lee, Stanford University, US
‘This book provides a clear, comprehensive, up-to-date guide to the research literature on inventory management. The authors are all distinguished scholars and all very active in this dynamic field. Many of the chapters offer pointers to promising research directions as well as summaries of past achievements. The book should be of great value to practicing scholars and students.’
– Paul Zipkin, Duke University, US
– Stephen Graves, Massachusetts Institute of Technology, US
‘This Handbook is a most comprehensive treatment of inventory management. It has great breadth, showing the multiple dimensions in which inventory models have developed and advanced in different areas. It also has depth, as it provides the theoretical foundations, leading to the most current advances by leading researchers. I highly recommend this book.’
– Hau Lee, Stanford University, US
‘This book provides a clear, comprehensive, up-to-date guide to the research literature on inventory management. The authors are all distinguished scholars and all very active in this dynamic field. Many of the chapters offer pointers to promising research directions as well as summaries of past achievements. The book should be of great value to practicing scholars and students.’
– Paul Zipkin, Duke University, US
Contributors
Contributors include: Alexandar Angelus,Turgay Ayer, Rob Basten, Marco Bijvank, Xiuli Chao, Boxiao Chen, Xin Chen, Wang Chi Cheung, Andrew Davis, Levi DeValve, Xin Geng, Xiting Gong, Peng Hu, Zhenyu Hu, Woonghee Tim Huh, Ganesh Janakiraman, Bharadwaj Kadiyala, Roman Kapuscinski, Hau L. Lee, Qing Li, Stefan Minner, Alp Muharremoglu, Özalp Özer, Rodney P. Parker, Anna-Lena Sachs, Kevin H. Shang, Zuo-Jun (Max) Shen, Cong Shi, David Simchi-Levi, Jing-Sheng (Jeannette) Song, Jordan Tong, Geert-Jan van Houtum, Jan Albert Van Mieghem, Michael R. Wagner, Mengxin Wang, Yehua Wei, Chelsea C. White, Linwei Xin, Nan Yang, Peiwen Yu, Can Zhang, Huanan Zhang, Sean X. Zhou
