An Inventory Management Model in Mobile Commerce

Abstract

In the mobile commerce environment, inventory management evolved into mobile inventory management. The latter is different from the traditional inventory management in many ways. In this paper, an integrated practical model is developed to enhance the inventory management in mobile commerce. The key points to develop this practical inventory management model include determining the order point quantity, determining the economic order quantity and determining the safety stock. In the last section, the applicability of this model was examined, which proved that this model made the mobile inventory management to be a routine.