Exploring the shortcomings in formal criteria selection for multicriteria decision making based inventory classification models: a systematic review and future directions

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dc.citation.volumeLatest Articles
dc.contributor.authorTheunissen FM
dc.contributor.authorBezuidenhout CN
dc.contributor.authorAlam S
dc.date.accessioned2024-07-05T01:42:59Z
dc.date.available2024-07-05T01:42:59Z
dc.date.issued2024-03-06
dc.description.abstractCriteria selection significantly impacts the reliability and utility of multicriteria decision making (MCDM) models. While criteria may vary across industries, a formalised criteria selection process is influential in determining MCDM model outcomes. This article analyses and compares the criteria selection approaches used in 62 articles that apply MCDM-based inventory classification models, contrasting them with methodologies outside the field. Our findings reveal a conspicuous absence of formal criteria selection methods within MCDM-based inventory classification research. The limited application of quantitative and qualitative approaches indicates that this field has not kept pace with methodological advances in criteria selection. To bridge this gap, we advocate for further research aimed at developing a conceptual framework for criteria selection tailored to inventory classification. We also suggest evaluating the impact of formal criteria selection processes on inventory management decisions and exploring the benefits of integrating artificial intelligence into criteria selection for inventory classification studies. Additionally, this article identifies several limitations related to criteria selection for practitioners employing MCDM-based inventory classification models.
dc.description.confidentialfalse
dc.format.pagination1-21
dc.identifier.citationTheunissen FM, Bezuidenhout CN, Alam S. (2024). Exploring the shortcomings in formal criteria selection for multicriteria decision making based inventory classification models: a systematic review and future directions. International Journal of Production Research. Latest Articles. (pp. 1-21).
dc.identifier.doi10.1080/00207543.2024.2320680
dc.identifier.eissn1366-588X
dc.identifier.elements-typejournal-article
dc.identifier.issn0020-7543
dc.identifier.urihttps://mro.massey.ac.nz/handle/10179/70099
dc.languageEnglish
dc.publisherTaylor and Francis Group
dc.publisher.urihttps://www.tandfonline.com/doi/full/10.1080/00207543.2024.2320680
dc.relation.isPartOfInternational Journal of Production Research
dc.rights(c) 2024 The Author/s
dc.rightsCC BY 4.0
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectMulticriteria decision making
dc.subjectinventory classification
dc.subjectcriteria selection
dc.subjectcriteria selection process
dc.subjectinventory management
dc.titleExploring the shortcomings in formal criteria selection for multicriteria decision making based inventory classification models: a systematic review and future directions
dc.typeJournal article
pubs.elements-id487301
pubs.organisational-groupOther
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