Artificial Intelligence and Its Role in Optimizing Inventory Management: A Simulation Study

This paper presents the development and evaluation of a simulated inventory management system using NetLogo, with a focus on demonstrating the potential of TurtleBot 4 robotics to optimize stock control in warehouse environments. Faced with technical challenges in using a physical TurtleBot 4, the project shifted to a simulation approach, which allowed for a detailed exploration of how agent-based models can improve inventory management processes. Drawing on research into SLAM algorithms, real-world business practices, and inventory management systems, the simulation replicates key warehouse functions, including the receiving, storing, and dispatching of goods. The project’s design includes a graphical user interface (GUI) that simulates wireless data transfer, enabling real-time interaction with the system. The artefact was tested successfully in various scenarios, highlighting the potential of robotics to enhance efficiency and streamline operations. The artefact overall performed as intended, providing valuable insights into the future of robotic integration in inventory management.

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Publication Details

Published
2024-11-06
DOI
https://doi.org/10.1109/dese63988.2024.10911894
Primary Topic
Forecasting Techniques and Applications
Type
article
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article

Artificial Intelligence and Its Role in Optimizing Inventory Management: A Simulation Study

Cynthia J. Roberts, Hoshang Kolivand, Mahmood Alsaadi, Omar A. Aldhaibani et al.
Forecasting Techniques and Applications
article

Artificial Intelligence and Its Role in Optimizing Inventory Management: A Simulation Study

Cynthia J. Roberts, Hoshang Kolivand, Mahmood Alsaadi, Omar A. Aldhaibani, Abbas Saad Alatrany
article en

Abstract

This paper presents the development and evaluation of a simulated inventory management system using NetLogo, with a focus on demonstrating the potential of TurtleBot 4 robotics to optimize stock control in warehouse environments. Faced with technical challenges in using a physical TurtleBot 4, the project shifted to a simulation approach, which allowed for a detailed exploration of how agent-based models can improve inventory management processes. Drawing on research into SLAM algorithms, real-world business practices, and inventory management systems, the simulation replicates key warehouse functions, including the receiving, storing, and dispatching of goods. The project’s design includes a graphical user interface (GUI) that simulates wireless data transfer, enabling real-time interaction with the system. The artefact was tested successfully in various scenarios, highlighting the potential of robotics to enhance efficiency and streamline operations. The artefact overall performed as intended, providing valuable insights into the future of robotic integration in inventory management.

University of Al Maarif (IQ), Liverpool John Moores University (GB)
Openalex Percentile: Top 66%
Forecasting Techniques and Applications
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