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Pharmaceutical Warehouse Product Flow Optimization.
- Source :
- IEOM North American Conference Proceedings; 2022, p335-345, 11p
- Publication Year :
- 2022
-
Abstract
- The transportation and movement of waste results in extra locating time, materials, and people movement. The company selected produces 25 million tablets per day (9 billion annually). Their high demand results in higher inventory and product movement within manufacturing rooms and warehouses. The established objectives were to optimize the flow of warehouse production by at least 15% and increase operational efficiency also by at least 15%. After implementation, operational efficiency can increase by at least 35%, obtaining an investment return of 178%. Additionally, the objective to optimize the warehouse product flow by at least 15% after the implementations can be increased by at least 24%, obtaining a 3,990% return of investment. The implementations of creating a standard operating procedure, 5s + Visual Aids, train the personnel, maintenance of the forklift and layout analysis will take approximately 6 months to implement the recommended alternatives. [ABSTRACT FROM AUTHOR]
- Subjects :
- MATHEMATICAL optimization
RATE of return
WAREHOUSES
COST control
INVENTORY control
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- IEOM North American Conference Proceedings
- Publication Type :
- Conference
- Accession number :
- 164071026