Title: Dynamic inventory database management (DIDM): a summary of an internet-based solution for managing complexity of inventory databases
Authors: Max Gottlieb, Alexei V. Matveev, Boris Stavrovski
Addresses: Department of Business, College of Staten Island, 171 East 84 St. Apt 17 D, New York, NY 10028, USA. ' Department of Business, College of Staten Island, 171 East 84 St. Apt 17 D, New York, NY 10028, USA. ' Department of Business, College of Staten Island, 171 East 84 St. Apt 17 D, New York, NY 10028, USA
Abstract: In recent years, fast growth in the development and application of e-business technologies has generated vast interest among practising managers and management scholars in inventory database management. E-business technologies enable an inventory manager to make coordinated decisions on the basis of regularly updated and timely ordered information. The dynamic features of the inventory items and inventory locations make a rationally organised time schedule of regular and irregular updates for inventory databases difficult. Using a game theory strategy of optimal regular updates for dynamic databases can significantly lower costs associated with the database update process. This article describes an internet-based solution of creation, maintenance, update, and query of a computerised inventory database for inventory items and their locations with time-dependent (dynamic) and time-independent (static) attributes. Further research opportunities in inventory database management using e-business applications are discussed.
Keywords: e-commerce systems; information systems; internet; inventory research; inventory management; dynamic inventory database management; electronic commerce; e-business; electronic business; game theory.
International Journal of Internet and Enterprise Management, 2004 Vol.2 No.3, pp.299 - 308
Published online: 29 Sep 2004 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article