Erasmusstentcase-V2.Docx

Operations Mgmt, Erasmus Stent Case D04 Team 25 -- Simon Thornington, Kumar-Gautam Sinha, Dimitra Georgakis, Edmond Daccache The root of the occupation with the tot chain situation at Erasmus MC is a mismatch between the focus of the picture chain and the font of yield in question. In particular, stents argon a eminently secernate innovative product, and as such, require a downhearted lead-time quick and responsive supply chain. Stents themselves are expensive, and they have rattling lofty holding costs. The costs of expiration as hearty as the costs of a stock-out are prohibitive, and combined with the descriptor of the product, this demands a supply chain with precise inscription acquaintance and transparency, and stung vendor integration. Currently, the supply chain is push ground, with a high degree of inventory fragmentation. That is, stock is beingness unplowed in multiple places and checked relatively infrequently, making it exhausting to unima ginable for managers upstream to eviscerate any visibility into the real responsibility of current stock levels for wholly the varieties of stents. This directly leads to the stock-out problems.

less(prenominal) unequivocal is the connection to the expiration problem; in a push-based supply chain like this, stents are being shipped to the downstream destinations based on their annual usage across all the sites; a stent that is used infrequently (such as the 3.25 variant) is being stocked at all the sites, which for a product with a hold shelf life and high holding costs, is inappropriate. It is very pr obable that the mandate they are currently ! using to restock their inventory is add to the stock-out problems (see Appendix A); theres no additive safe stock term, nor any data on how lots second choice stents are actually being used. Its presumable that during their long resupply process, many 2nd choice stents are being used due to stock-outs, and this resupply point calculation ordain plow them as 1st choice demand, perpetuating the problem. In general,...If you indispensableness to get a full essay, order it on our website: OrderCustomPaper.com

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