Dynamic Real-Time Multi-Echelon Inventory Optimisation: An Industry 4.0 Approach with the MAID-R Framework

Key Points

• The aim is to explore how Industry 4.0 strategies can optimize inventory management in multi-echelon systems.
• Dynamic real-time inventory analysis
• Implementation of multi-echelon optimisation techniques
• Application of the MAID-R framework.
• Industry 4.0 techniques improve inventory management efficiency
• Real-time data integration enhances decision-making
• Multi-echelon systems reduce operational costs.