Storage allocation optimization model in a Colombian company

Abstract

The storage allocation in warehouse is about of deciding the corresponding areas in which the products must be allocated. It can be made using different techniques to stablish the specific position for the products. Some applications provide solutions and evaluate results independently, allowing the identification of its potential in warehouses. This paper presents the application of a storage allocation model in a food company considering several products in a defined time horizon. The algorithm identifies the operation area and the corresponding spaces that are required for the products allocation, aimed to reduce holding and material handling costs. As a result, the application of the algorithm produces a complete product allocation in each period and improves the cost efficiency in the warehouse.

Keywords

• Storage allocation
• Performance indicators
• Warehouse
• Management
• CPLEX