Cost, Service, and Risk: the Core Trade-offs in Inventory Management
Year: 2025
Type: article
Abstract: The global supply chain has been under significant duress over the past few months due to a paradigm shift in consumer behavior, mindset, and new business rules. Shipment delays, widespread supplier closures, and manufacturing strains have resulted in extended lead times, unexpected and unplanned inventory levels, and service lines that are increasingly difficult to control. In this context, adaptive, autonomous, and resilient inventory management becomes vital to respond to frenetic consumer behavior, support lean retail operations, and establish new rules of engagement in product rationalization. Unpredictable demand patterns require a more dynamic inventory mix, supported by innovative tools and processes, to maintain operational viability
Author: Raghavndra, Prasad Narayan Rao
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7140211432
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