Review Article on Pharmaceutical Inventory Models

The inventory management system plays a vital role in pharmaceutical industry. For every business, managing an is important whether it small or big, domestic international business. In company, the raw materials have expiry date associated with them so becomes to set minimal safety stock for such items. companies mostly try out keeping minimum of products which will help tracking our business easily. this article, we present overall review Pharmaceutical Inventory literature since early 1968 and models available relevant been suitably classified. motivations extensions various each subclass discussed detail.
 Keywords: Inventory, Perishable items, inventory, RFID technology, Drug