Storage Location Assignment and I/O Location Design on Storage Planning

Literature Review

Effective storage planning has become a potentially valuable way of competitive advantage and improving organizational performance. Warehouse storage planning involves determining storage location assignment policies and storage location assignment methods (Muppani & Adil, 2008a). Storage policies related to decide how to allocate the various storage locations of a uniform storage medium to a number of SKU’s (Malmborg, 1998). The storage location assignment problem involves the placement of a set of items in a warehouse in such a way that some performance measure is optimal (Kovács, 2011). In this section, we present storage policies and describe the most important storage location assignment methods.