Improving the Strategic Level Performance Measurement in Warehousing Processes

Abstract

In our paper we propose a new method for the strategic level performance measurement at a warehouse in Hungary. The growing challenge of remaining successful in the warehousing forced the given warehouse to introduce and use a new tool for monitoring and forecasting strategic level indicators. Our proposed tool uses computational intelligence to establish connection between basic operational level data and important strategic level indicators. In this article we present the idea behind this tool and the process of programming and learning with company data. Finally, an evaluation is presented based on the results of the program run.KeywordsHide NeuronMemetic AlgorithmStrategic LevelBalance ScorecardMean Relative ErrorThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.