To investigate the current challenges in inventory management within the healthcare sector, specifically focusing on the issues of overstock and shortage.
To explore the potential benefits and drawbacks of implementing AI-powered solutions in inventory management.
To develop a comprehensive strategy utilizing AI technology to optimize inventory levels and ensure adequate supply of essential healthcare products.
To evaluate the effectiveness of the proposed AI-powered inventory management strategy in reducing overstock and shortage instances.
Conduct a literature review to understand the current trends and challenges in inventory management in healthcare.
Analyze case studies and best practices of AI applications in inventory management across different industries.
Develop a theoretical framework for implementing AI-powered inventory management strategy in healthcare.
Design a simulation model to test the effectiveness of the proposed strategy in avoiding overstock and shortage.
Prepare a report outlining the findings, recommendations, and potential impact of the AI-powered inventory management strategy in healthcare settings.
