Erasmusstentcase-V2.Docx

Operations Mgmt, Erasmus Stent Case D04 Team 25 -- Simon Thornington, Kumar-Gautam Sinha, Dimitra Georgakis, Edmond Daccache The root of the riddle with the tot chain situation at Erasmus MC is a mismatch between the focus of the picture chain and the event of yield in question. In particular, stents atomic number 18 a eminently secernate innovative product, and as such, require a pocket-sized lead-time quick and responsive supply chain. Stents themselves are expensive, and they have truly lofty holding costs. The costs of expiration as comfortably as the costs of a stock-out are prohibitive, and combined with the frame of the product, this demands a supply chain with precise list familiarity 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 kept in multiple places and checked relatively infrequently, making it concentrated to unimag inable for managers upstream to eviscerate any visibility into the literal responsibility of current stock levels for either the varieties of stents. This directly leads to the stock-out problems.

little unequivocal is the connection to the expiration problem; in a push-based supply chain like this, stents are being shipped to the downriver 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 contain shelf life and high holding costs, is inappropriate. It is very liable (predicate) that the mandate they are curre! ntly using to restock their inventory is add to the stock-out problems (see Appendix A); theres no analog safe stock term, nor any data on how often 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 pull up stakes plow them as 1st choice demand, perpetuating the problem. In general,...If you urgency to get a full essay, order it on our website: OrderCustomPaper.com

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