Study on Dynamic Inventory Optimization of Multi-Category Highly Time-Sensitive Materials in Forward Warehouses with Terminal Constraints

Army Academy of Armored Forces, Beijing, China

^* Corresponding author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Abstract

In accordance with the concept of “exchanging space for time” and relying on the supply method of “near-field pre-positioned inventory + end-to-end direct distribution”, forward warehouses meet the small-batch, high-frequency, and highly time-sensitive material procurement demands in surrounding areas. However, for highly time-sensitive materials, it is necessary to consider that their inventory should approach zero balance at the end of the designated sales period, as well as the involved multi-dimensional costs. Based on this, this paper proposes a multi-category dynamic inventory optimization model for forward warehouses under terminal constraints, and conducts research on initial inventory allocation and in-period scheduling and replenishment. The model aims to effectively balance multi-dimensional costs and provide decision support for the refined inventory management of forward warehouses for highly time-sensitive products.