Abstract
Nowadays, retailers in the trade industry are focused on meeting customers’ needs, as their priority is to make as many sales per day as possible. Stockouts lead to unattended sales, which mean loss of income. This endangers the place of the MSBs in the industry. This paper aims to prove that proposing a supply management model will reduce the number of lost sales due to stockouts. For this study, we analyzed three key processes (purchasing, storage and distribution), where we identified problems such as incomplete shipments and unfulfilled POs and replacement requests. To prove the viability of our proposal, a pilot was carried out in a pharmacy that has five dispensing premises and a central warehouse, which improved its stock availability from 82% to 89.5%.
| Original language | English |
|---|---|
| Title of host publication | 2019 the 5th International Conference on Industrial and Business Engineering, ICIBE 2019 |
| Publisher | Association for Computing Machinery |
| Pages | 13-17 |
| Number of pages | 5 |
| ISBN (Electronic) | 9781450376532 |
| DOIs | |
| State | Published - 27 Sep 2019 |
| Event | 5th International Conference on Industrial and Business Engineering, ICIBE 2019 - Hong Kong, Hong Kong Duration: 27 Sep 2019 → 29 Sep 2019 |
Publication series
| Name | ACM International Conference Proceeding Series |
|---|
Conference
| Conference | 5th International Conference on Industrial and Business Engineering, ICIBE 2019 |
|---|---|
| Country/Territory | Hong Kong |
| City | Hong Kong |
| Period | 27/09/19 → 29/09/19 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 3 Good Health and Well-being
Keywords
- Lean Healthcare
- Pharmaceutical MSBs
- Purchase Policies
- Stock Availability
- Supply Management Models
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