Deteriorating inventory models: a comprehensive review

• Provides a comprehensive review of deteriorating inventory systems. • Reviews the recent modeling advances in deteriorating inventory management. • Explores sustainability and technological innovations in inventory control. • Synthesizes key applications while evaluating research gaps to guide future studies. • Proposes a research agenda to address emerging challenges in inventory management. This paper provides a comprehensive review of deteriorating inventory models, including emerging topics from peer-reviewed research articles published between January 2016 and December 2024. By employing a thorough search strategy and narrative synthesis, this study analyzes the literature, classifies methodologies, and identifies research trends. Building on the work of Janssen et al. (2016) , this review incorporates adaptive, data-driven inventory systems that balance operational efficiency, economic objectives, environmental responsibility, and practical applications.