Analytical and economic methodology for storage of large heavyweight equipment in industrial processes

Manuel Jesús Hermoso-Orzáez, Jorge Cámara-Martínez, José Ignacio Rojas-Sola and Alfonso Gago-Calderon

Economic Research-Ekonomska Istraživanja, 2020, vol. 33, issue 1, 3258-3287

Abstract: Numerous studies concerning warehouse-design methodologies have been performed focused on the storage of products on pallets or of intermediate size and/or moderate weight loads. These studies, however, do not provide with optimal results for industries that work with equipment or objects of uncommon sizes and shapes and with large weights, which are difficult to move and involve high costs and complex operational actions, affecting to the production processes and interfering with the logistic processes or the supply-chain of a company. This study proposes an analytical methodology using economic and technical qualitative criteria that can be applied specifically to large and heavy equipment warehouses. Both quantitative aspects, such as availability and cost of space, and also qualitative considerations, such as flexibility requirements, impact on manufacturing process and risks associated, are evaluated. To determine an optimum implementation solution, several decision-making methods, such as Electra I & II and Analytic Hierarchy Process are employed with due consideration of multiple criteria. The results obtained are modulated and reinforced using a SWOT (strengths-weaknesses, opportunities- threats) and a Risk analysis to verify this single ultimate solution. The said process led to the establishment of a decision-making methodology suitable for any organization possessing large-scale storage systems.

Date: 2020
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DOI: 10.1080/1331677X.2019.1696692

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