Evaluation of segmentation techniques for inventory management in large scale multi-item inventory systems

@article{Rossetti2011EvaluationOS,
  title={Evaluation of segmentation techniques for inventory management in large scale multi-item inventory systems},
  author={Manuel D. Rossetti and Ashish V. Achlerkar},
  journal={International Journal of Logistics Systems and Management},
  year={2011},
  volume={8},
  pages={403}
}
This paper evaluates methodologies for the grouping of items and the setting of inventory policies in a large-scale multi-item inventory system. Conventional inventory segmentation techniques such as ABC analysis are often limited to using demand and cost when segmenting the inventory into groups for easier management. Two segmentation methodologies, (Multi-Item Group Policies (MIGP) and Grouped Multi-Item Individual Policies (GMIIP), that use statistical clustering were developed and compared… Expand

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