Inventory classification is a managerial method utilized to group items that share
predetermined characteristics, with the intent of assigning group-specific controls and …

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 …

Several papers have studied inventory classification in order to group items with a view to
facilitating their management. The generated classes are then coupled with the specific …

Spare part provisioning for asset-intensive companies is a complicated problem due to the
large number of items, low demand rates, and multi-echelon environment. A primary strategy …

Multi-criteria ABC inventory classification (MCIC), which aims to classify inventory items by
considering more than one criterion, is one of the most widely employed techniques for …

Inventory managers often group inventory items into classes to manage and control them
more efficiently. The well-known ABC inventory classification approach categorizes …

ABC classifications can be constructed based on a wide range of approaches (varying from
formal multi-criteria optimization models to more subjective approaches like the analytic …

Spare parts planning is a complex task, involving a large number of SKUs (stock-keeping
units) with intermittent demand patterns, making forecasting and inventory control very …

In this research, we develop a segmentation methodology for reducing the computational
time required for setting the (r, Q) inventory control polices in a large-scale multi echelon …

In this paper we consider a multi-item, single-location inventory control problem. We look at
how to design a generalized ABC classification scheme to minimize the inventory …