Proactive transshipment in the blood supply chain: A stochastic programming approach

The main objective when managing inventories in blood supply chains is to establish an efficient balance between the wastage and shortage of blood units. The uncertain demand and the perishable nature of blood units can result in over- or under-stocking and increase wastage and shortage costs. In this study, we analyze how a proactive transshipment policy can avoid future shortages in addition to mitigate wastage. We consider a network of...