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Blood Inventory Management: An Overview of Theory and Practice

Author

Listed:
  • Gregory P. Prastacos

    (The Athens School of Economics and Business Science, 76 Patission Street, Athens 104, Greece)

Abstract

Blood Inventory Management has attracted significant interest from the Operations Research profession during the last 15 years. A number of methodological contributions have been made in the areas of inventory theory and combinatoric optimization that can be of use to other products or systems. These contributions include the development of exact and approximate ordering and issuing policies for an inventory system, the analysis of LIFO or multi-product systems, and various forms of distribution scheduling. In addition, many of these results have been implemented, either as decision rules for efficient blood management in a hospital, or as decision support systems for hierarchical planning in a Regional Blood Center. In this paper we attempt a review of the recent Operations Research contributions to blood inventory management theory and practice. Whereas many problems have been solved, others remain open and new ones keep being created with advances in medical technology and practices. Our approach is not to present an exhaustive review of all the literature in the field, but rather to address several important issues from a unified perspective of theory and practice, and point out new areas for further research.

Suggested Citation

  • Gregory P. Prastacos, 1984. "Blood Inventory Management: An Overview of Theory and Practice," Management Science, INFORMS, vol. 30(7), pages 777-800, July.
  • Handle: RePEc:inm:ormnsc:v:30:y:1984:i:7:p:777-800
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    File URL: http://dx.doi.org/10.1287/mnsc.30.7.777
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    Citations

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    Cited by:

    1. Kopach, Renata & Balcioglu, Baris & Carter, Michael, 2008. "Tutorial on constructing a red blood cell inventory management system with two demand rates," European Journal of Operational Research, Elsevier, vol. 185(3), pages 1051-1059, March.
    2. Borga Deniz & Itir Karaesmen & Alan Scheller-Wolf, 2010. "Managing Perishables with Substitution: Inventory Issuance and Replenishment Heuristics," Manufacturing & Service Operations Management, INFORMS, vol. 12(2), pages 319-329, July.
    3. Janssen, Larissa & Claus, Thorsten & Sauer, Jürgen, 2016. "Literature review of deteriorating inventory models by key topics from 2012 to 2015," International Journal of Production Economics, Elsevier, vol. 182(C), pages 86-112.
    4. Haijema, René & van Dijk, Nico & van der Wal, Jan & Smit Sibinga, Cees, 2009. "Blood platelet production with breaks: optimization by SDP and simulation," International Journal of Production Economics, Elsevier, vol. 121(2), pages 464-473, October.
    5. Broyles, James R. & Cochran, Jeffery K. & Montgomery, Douglas C., 2010. "A statistical Markov chain approximation of transient hospital inpatient inventory," European Journal of Operational Research, Elsevier, vol. 207(3), pages 1645-1657, December.
    6. Lowalekar, Harshal & Ravi, R. Raghavendra, 2017. "Revolutionizing blood bank inventory management using the TOC thinking process: An Indian case study," International Journal of Production Economics, Elsevier, vol. 186(C), pages 89-122.
    7. Duan, Qinglin & Liao, T. Warren, 2014. "Optimization of blood supply chain with shortened shelf lives and ABO compatibility," International Journal of Production Economics, Elsevier, vol. 153(C), pages 113-129.
    8. Anna Nagurney & Amir Masoumi & Min Yu, 2012. "Supply chain network operations management of a blood banking system with cost and risk minimization," Computational Management Science, Springer, vol. 9(2), pages 205-231, May.
    9. Deming Zhou & Lawrence C. Leung & William P. Pierskalla, 2011. "Inventory Management of Platelets in Hospitals: Optimal Inventory Policy for Perishable Products with Regular and Optional Expedited Replenishments," Manufacturing & Service Operations Management, INFORMS, vol. 13(4), pages 420-438, October.
    10. Bakker, Monique & Riezebos, Jan & Teunter, Ruud H., 2012. "Review of inventory systems with deterioration since 2001," European Journal of Operational Research, Elsevier, vol. 221(2), pages 275-284.
    11. Puranam, Kartikeya & Novak, David C. & Lucas, Marilyn T. & Fung, Mark, 2017. "Managing blood inventory with multiple independent sources of supply," European Journal of Operational Research, Elsevier, vol. 259(2), pages 500-511.
    12. Duan, Qinglin & Liao, T. Warren, 2013. "A new age-based replenishment policy for supply chain inventory optimization of highly perishable products," International Journal of Production Economics, Elsevier, vol. 145(2), pages 658-671.
    13. Edgar Alfonso & Xiaolan Xie & Vincent Augusto & Olivier Garraud, 2012. "Modeling and simulation of blood collection systems," Health Care Management Science, Springer, vol. 15(1), pages 63-78, March.
    14. Beliën, Jeroen & Forcé, Hein, 2012. "Supply chain management of blood products: A literature review," European Journal of Operational Research, Elsevier, vol. 217(1), pages 1-16.
    15. Wang, Ke-Ming & Ma, Zu-Jun, 2015. "Age-based policy for blood transshipment during blood shortage," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 80(C), pages 166-183.
    16. Chiu, Huan Neng, 1995. "A heuristic (R, T) periodic review perishable inventory model with lead times," International Journal of Production Economics, Elsevier, vol. 42(1), pages 1-15, November.
    17. Pahl, Julia & Voß, Stefan, 2014. "Integrating deterioration and lifetime constraints in production and supply chain planning: A survey," European Journal of Operational Research, Elsevier, vol. 238(3), pages 654-674.
    18. repec:eee:ejores:v:268:y:2018:i:1:p:82-100 is not listed on IDEAS
    19. Gunpinar, Serkan & Centeno, Grisselle, 2016. "An integer programming approach to the bloodmobile routing problem," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 86(C), pages 94-115.
    20. repec:pal:jorsoc:v:58:y:2007:i:2:d:10.1057_palgrave.jors.2602195 is not listed on IDEAS
    21. Padmanabhan, G. & Vrat, Prem, 1995. "EOQ models for perishable items under stock dependent selling rate," European Journal of Operational Research, Elsevier, vol. 86(2), pages 281-292, October.
    22. Katsaliaki, Korina, 2008. "Cost-effective practices in the blood service sector," Health Policy, Elsevier, vol. 86(2-3), pages 276-287, May.
    23. Dillon, Mary & Oliveira, Fabricio & Abbasi, Babak, 2017. "A two-stage stochastic programming model for inventory management in the blood supply chain," International Journal of Production Economics, Elsevier, vol. 187(C), pages 27-41.
    24. repec:eee:transe:v:103:y:2017:i:c:p:32-55 is not listed on IDEAS

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