Abstract
Inventory management is a critical process in the healthcare industry. Challenges to the healthcare industry, such as supply shortages or overstocking, especially during the pandemic, make healthcare inventory management highly important. Efficient inventory management can help ensure quality patient care while reducing inventory costs. Over the years, several approaches and methods for modeling healthcare inventory management have been developed by researchers. This paper aims to provide an overview of inventory management (modeling) to handle inventory management problems under several constraints, such as limited budget and resources in both deterministic and probabilistic demand scenarios by focusing on the challenges posed by the COVID-19 pandemic. In this paper, techniques and methods, including Economic Order Quantity, Mathematical Optimization Models, Stochastic Programming, and Metaheuristics are presented and critically reviewed as guidance for future research.
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Limsakul, T., Taladgaew, S. (2023). A Survey of Modeling the Healthcare Inventory for Emerging Infectious Diseases. In: Vasant, P., et al. Intelligent Computing and Optimization. ICO 2023. Lecture Notes in Networks and Systems, vol 855. Springer, Cham. https://doi.org/10.1007/978-3-031-50158-6_40
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DOI: https://doi.org/10.1007/978-3-031-50158-6_40
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