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"Inventory control Data processing."
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A real-time in-memory discovery service : leveraging hierarchical packaging information in a unique identifier network to retrieve track and trace information
The research presented in this book discusses how to efficiently retrieve track and trace information for an item of interest that took a certain path through a complex network of manufacturers, wholesalers, retailers, and consumers. To this end, a super-ordinate system called \"Discovery Service\" is designed that has to handle large amounts of data, high insert-rates, and a high number of queries that are submitted to the discovery service. An example that is used throughout this book is the European pharmaceutical supply chain, which faces the challenge that more and more counterfeit medicinal products are being introduced. Between October and December 2008, more than 34 million fake drug pills were detected at customs control at the borders of the European Union. These fake drugs can put lives in danger as they were supposed to fight cancer, take effect as painkiller or antibiotics, among others. The concepts described in this book can be adopted for supply chain management use cases other than track and trace, such as recall, supply chain optimization, or supply chain analytics.
Digital Supply Chains
by
Wehberg, Götz G.
in
agile approach
,
Business logistics
,
Business logistics -- Information technology
2021,2020
This book provides a practical guide to digital supply chain modelling, demonstrating an agile approach to how such models can be applied to any manufacturing company to build competitive advantage, facilitate new business models and drive towards Industry 4.0. The agile approach of the book provides an attractive alternative to the conventional country-by-country deployment of S/4 HANA and other relevant technologies.
This book contains the expertise Götz G. Wehberg has amassed over 20 years as a senior partner in a leading consulting company, working across industries and with globally recognized clients, advising on digitization. In it, he explains the scientific roots of digital supply chain management such as holism, cybernetics, self-organization and evolutionary theory to inform a deep understanding that can drive a supremely innovative strategy for Industry 4.0.
Beyond strategy, Wehberg introduces the practical tools and technologies used in supply chain modelling, for example, sensors, big data, artificial intelligence and the Internet of Things, as well as a reference framework that categorizes the technologies, together with the latest concepts and tools, such as DDMRP, predictive S&OP, pattern recognition, autonomous logistics and Lean. This framework supports decision making for developing supply chains in an end-to-end and cross-functional fashion, providing clear guidance for executives and managers on how to design supply chains for the future.
The Digitalization of the 21st Century Supply Chain
2021,2020
The goal of this book is to gain a clear picture of the current status and future challenges with regard to the digitalization of the supply chain - from the perspective of the suppliers, the manufacturers, and the customers. They were the target groups of the book.
Digitization has touched upon all aspects of businesses, including supply chains. Technologies such as RFID, GPS, and sensors have enabled organizations to transform their existing hybrid (combination of paper-based and IT-supported processes) supply chain structures into more flexible, open, agile, and collaborative digital models. Unlike hybrid supply chain models, which have resulted in rigid organizational structures, unobtainable data, and disjointed relationships with partners, digital supply chains enable business process automation, organizational flexibility, and digital management of corporate assets.
In order to reap maximum benefits from digital supply chain models, it is important that companies internalize them as an integral part of the overall business model and organizational structure. Localized disconnected projects and silo-based operations pose a serious threat to competitiveness in an increasingly digital world.
The technologies discussed in this text - artificial intelligence, 3D printing, Internet of things, etc. - are beginning to come together to help digitize, automate, integrate, and improve the global supply chains. It's certainly an exciting and challenging time for both new supply chain professionals and long-time supply chain professionals.
Dynamic programming and inventory control
2011
This book presents a unified theory of dynamic programming and Markov decision processes and its application to a major field of operations research and operations management: inventory control. Models are developed in discrete time as well as in continuous time. For continuous time, this book concentrates only on models of interest to inventory control. For discrete time, the focus is mainly on infinite horizon models.The book also covers the difference between impulse control and continuous control. Ergodic control is considered in the context of impulse control, and some simple rules currently used in practice are justified. Chapter 2 introduces some of the classical static problems which are preliminary to the dynamic models of interest in inventory control.This book is not a general text on control theory and dynamic programming, in that the systems dynamics are mostly limited to inventory models. For these models, however, it seeks to be as comprehensive as possible, although finite horizon models in discrete time are not developed, since they are largely described in existing literature. On the other hand, the ergodic control problem is considered in detail, and probabilistic proofs as well as analytical proofs are provided.The techniques developed in this work can be extended to more complex models, covering additional aspects of inventory control.
Control Systems: Theory and Applications
2020,2018
In recent years, a considerable amount of effort has been devoted, both in industry and academia, towards the development of advanced methods of control theory with focus on its practical implementation in various fields of human activity such as space control, robotics, control applications in marine systems, control processes in agriculture and food production. Control Systems: Theory and Applications consists of selected best papers which were presented at XXIV International conference on automatic control “Automatics 2017” (September 13–15, 2017, Kyiv, Ukraine) organized by Ukrainian Association on Automatic Control (National member organization of IFAC – International Federation on Automatic Control) and National University of Life and Environmental Sciences of Ukraine. More than 120 presentations where discussed at the conference, with participation of the scientists from the numerous countries. The book is divided into two main parts, a first on Theory of Automatic Control (5 chapters) and the second on Control Systems Applications (8 chapters). The selected chapters provide an overview of challenges in the area of control systems design, modeling, engineering and implementation and the approaches and techniques that relevant research groups within this area are employing to try to resolve these. This book on advanced methods of control theory and successful cases in the practical implementation is ideal for personnel in modern technological processes automation and SCADA systems, robotics, space and marine industries as well as academic staff and master/research students in computerized control systems, automatized and computer-integrated systems, electrical and mechanical engineering.
Management of drug supply chain information based on “artificial intelligence + vendor managed inventory” in China: perspective based on a case study
by
Bu, Fengjiao
,
Yan, Jingchao
,
Huang, Taomin
in
Artificial intelligence
,
artificial intelligence (AI)
,
Cost control
2024
To employ a drug supply chain information system to optimize drug management practices, reducing costs and improving efficiency in financial and asset management.
A digital artificial intelligence + vendor managed inventory (AI+VMI)-based system for drug supply chain information management in hospitals has been established. The system enables digitalization and intelligentization of purchasing plans, reconciliations, and consumption settlements while generating purchase, sales, inventory reports as well as various query reports. The indicators for evaluating the effectiveness before and after project implementation encompass drug loss reporting, inventory discrepancies, inter-hospital medication retrieval frequency, drug expenditure, and cloud pharmacy service utilization.
The successful implementation of this system has reduced the hospital inventory rate to approximately 20% and decreased the average annual inventory error rate from 0.425‰ to 0.025‰, significantly boosting drug supply chain efficiency by 42.4%. It has also minimized errors in drug application, allocation, and distribution while increasing adverse reaction reports. Drug management across multiple hospital districts has been standardized, leading to improved access to medicines and enhanced patient satisfaction.
The AI+VMI system improves drug supply chain management by ensuring security, reducing costs, enhancing efficiency and safety of drug management, and elevating the professional competence and service level of pharmaceutical personnel.
Journal Article
Intelligent Supply Chain Management: A Systematic Literature Review on Artificial Intelligence Contributions
by
Teixeira, António R.
,
Ramos, Ana Luísa
,
Ferreira, José Vasconcelos
in
Algorithms
,
Analysis
,
Artificial intelligence
2025
This systematic literature review investigates the recent applications of artificial intelligence (AI) in supply chain management (SCM), particularly in the domains of resilience, process optimization, sustainability, and implementation challenges. The study is motivated by gaps identified in previous reviews, which often exclude literature published after 2020 and lack an integrated analysis of AI’s contributions across multiple supply chain phases. The review aims to provide an updated synthesis of AI technologies—such as machine learning, deep learning, and generative AI—and their practical implementation between 2021 and 2024. Following the PRISMA framework, a rigorous methodology was applied using the Scopus database, complemented by bibliometric and content analyses. A total of 66 studies were selected based on predefined inclusion criteria and evaluated for methodological quality and thematic relevance. The findings reveal a diverse classification of AI applications across strategic and operational SCM phases and highlight emerging techniques like explainable AI, neurosymbolic systems, and federated learning. The review also identifies persistent barriers such as data governance, ethical concerns, and scalability. Future research should focus on hybrid AI–human collaboration, transparency through explainable models, and integration with technologies such as IoT and blockchain. This review contributes to the literature by offering a structured synthesis of AI’s transformative impact on SCM and by outlining key research directions to guide future investigations and managerial practice.
Journal Article
Blockchain Technology as an Ecosystem: Trends and Perspectives in Accounting and Management
2022
A plethora of studies have examined the emerging technology of blockchain and its applications in accounting, management, and enterprise resource planning systems (ERPs). Blockchain technology (BT) can change the architecture of today’s ERPs and overcome the limitations of these centralized systems. The aim of this study is twofold. First, this paper defines and analyzes the deployment of an innovative architecture of a Blockchain as an Ecosystem (BaaE) platform proposing a conceptual model of the Triple Entry Accounting (TEA) transforming the current accounting practices. Second, the paper explores the integration of cost management, supply chain, and inventory management on BT providing the significant challenges and benefits and suggesting an agenda for future research. The authors conduct an exploratory qualitative analysis of an extensive body of literature, from 81 journals. The paper’s innovative contribution and primary objective is to explore, address, and employ this emerging BaaE platform technology that could potentially be integrated with TEA. Further, the study examines the theoretical, technical, and business aspects regarding TEA, since there is limited research evidence in this field. Additionally, the study tries to identify the implications of BaaE in the area of cost management, supply chain, and inventory management from an ecosystem perspective. This effort can assist organizations and practitioners in understanding and further examining this emerging technology.
Journal Article