Spare parts are particularly challenging to forecast due to their lumpiness and representing a significant part of companies' expenditures, so even small improvement in new approaches can considerably reduce these items' total inventory. This paper aims to present a new hybrid forecasting method...

Background: Traditional procurement and price negotiation methods in public hospitals in Thailand involve group purchasing agreements and bulk orders, posing challenges to improving inventory management efficiency. The vendor-managed inventory (VMI) model is a promising alternative for enhancing...

Background: In the current global market, supply chains are increasingly complex, necessitating agile and sustainable management strategies. Traditional analytical methods often fall short in addressing these challenges, creating a need for more advanced approaches. Methods: This study leverages...

Regulators' increasingly stringent carbon rules to protect the environment are encouraging practitioners to modify their operational activities that are accountable for releasing emissions into the atmosphere. Thereby, practitioners dealing with product inventory planning are seeking proper...

Fast-paced markets require complex interactions from all supply-chain agents to satisfy customer demands and needs. The manufacturing industries face some difficulties in terms of production amounts and smooth delivery rates. Technical experts found that a warm-up period before a production run...

Background: Exchangeable item repair systems are inventory systems. A nonfunctional item is exchanged for a functional item and returns to the system after being repaired. In our periodic review setting, repair is performed either in-house or outsourced. When repair is in-house, a repaired item...