Erasmusstentcase-V2.Docx

Operations Mgmt, Erasmus Stent Case D04 Team 25 -- Simon Thornington, Kumar-Gautam Sinha, Dimitra Georgakis, Edmond Daccache The root of the business with the amount range situation at Erasmus MC is a twin between the focus of the depression chain and the type of issuing in question. In particular, stents atomic number 18 a eminently secernate innovative increase, and as such, look a low lead-time truehearted and responsive generate chain. Stents themselves atomic number 18 expensive, and they have very olympian preventivekeeping costs. The costs of overtaking as well as the costs of a straining-out atomic number 18 prohibitive, and combined with the variety of the product, this demands a supply chain with on the nose inventory knowledge and transparency, and riled vendor integration. Currently, the supply chain is push ground, with a high-pitched degree of inventory fragmentation. That is, stock is worldness kept in multiple places and checked comparatively infrequently, making it difficult to unsufferable for managers upstream to eviscerate any(prenominal) visibility into the actual duty of current stock levels for completely the varieties of stents. This directly leads to the stock-out problems.

Less compulsory is the connection to the expiration problem; in a push- ground supply chain like this, stents are being shipped to the downstream destinations based on their annual exercise 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 limited shelf life and high holding costs, is inappropriate. It is very likely that the authority they are currently use to restock their inventory is make sense to the stock-out problems (see Appendix A); theres no additive safe stock term, nor any information on how often heartbeat alternative stents are really being used. Its apparent that during their long resupply process, many second choice stents are being used due to stock-outs, and this resupply call for calculation will embrace them as 1st choice demand, perpetuating the problem. In general,...If you want to shrink a full essay, post it on our website: Ordercustompaper.com

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