Yes, I have tried and have work for me...
Not that I have a lot of stuff, because I get rid of them as soon as I get tired...or at least I don't use them in 3 months or I'm vending.
But my strategy goes like this:
I stopped trying to organize my inventory about three or four years ago. I had it all neat and then Gaia went and did this thing where your most recently worn items were moved down to the bottom of your inventory and I just gave up on keeping it all like I wanted it.
I started organizing my inventory after I realized it would be difficult to scroll several times or go to the next page to access items I use a lot. I organize by type, and within those types, they are ordered chronologically by when I got it or when it got released. Like this:
MCs by release date
EIs/REIs by release date
CS items by acquisition date
Shop items by acquisition date
...And so on.
I have never had trouble finding items since doing this.