integration of inventory and the delivery model for operational efficiency and minimal wip in pune...
TRANSCRIPT
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“Integration of Inventory and the Delivery Model for Operational
Efficiency and Minimal WIP in Pune City for QuikPills”
- Miraj Patel 331418
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E - PHARMACY
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OBJECTIVEPrimary Objective:
• To conduct a market research for finding potential vendors to associate with QuikPills in the area of Kothrud.
• To collect data from local vendors about their inventory, procurement and reordering system, delivery system.
• To prepare an algorithm to optimize the delivery time of the medicine and medical products – Maximum time taken for delivery should be < 2 hours.
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Secondary Objective
• To study, find and analyze the problems faced by E – Pharmacy to associate with vendors.
• To find problems and loop holes of E – Pharmacy system faced by vendors.
• To perform competitor analysis
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RESEARCH METHEDOLOGIES
Instrument for Data Collection: Personal Interview Questionnaire (Filled by us) Observation
Population: Census: Kothrud No. of Pharmacy: 60
Sample Size Sample: 19 Pharmacy
Sample Selection Method: Judgmental Cluster
Method of Data Collection: Primary Data Collection Secondary Data
Collection
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MARKET RESEARCH – KOTHRUD(DATA ANALYSIS)
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6%6%
44%
33%
11%
Types of products available at the store
Allopathy, Ayurveda
Allopathy, Ayurveda, Body building sup-pliments, Vaccines and Injectables
Allopathy, Ayurveda, Health equipments, Vaccines and Injectables
Allopathy, Ayurveda, Homeopathy, Health equipments, Body building suppliments, Vaccines and Injectables
Allopathy, Ayurveda, Vaccines and In-jectables
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11%
89%
Inventory Management
Manual book-keep-ing?Software
100%
Inventory Resupply
Regular re-supply
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33%
67%
Awareness about E- Pharmacy
NoYes
33%
67%
Home Delivery
NoYes
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67%
33%
Interested/Not Interested
InterestedNot Interested
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OPERATIONS
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KNN + K – Mean Algorithm
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Travelling Salesman Problem (Pune)
Approximate Time Taken: 530 mins
(approx. 9 Hours)
Approximate Distance Covered: 92.3 Km
Min Requirement of Delivery Boys: 8
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Travelling Salesman Problem (Kothrud)
Approximate Time Taken: 175 mins
(approx. 3 Hours)
Approximate Distance Covered: 25 Km
Min Requirement of Delivery Boys: 2
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Travelling Salesman Problem (Koregaon
Park)
Approximate Time Taken: 215 mins
(approx. 3.6 Hours)
Approximate Distance Covered: 39 Km
Min Requirement of Delivery Boys: 3
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Travelling Salesman Problem (Katraj)
Approximate Time Taken: 195 mins
(approx. 3.5 Hours)
Approximate Distance Covered: 35 Km
Min Requirement of Delivery Boys: 3
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FINDINGS
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Select Kothrud as center: 67% vendors – interested, 33%
• Problem faced by E – Pharmacy to associate with the vendors:• Unawareness• Restriction from association• Wrong perception• Wrong outbreak – being illegal
• Problem faced by vendors and loop holes to be tackled with:• Fake prescription• Reused of prescription
• Considering 3 centers:• Kothrud• Katraj• Koregaon Park
• Requirement : Delivery man - 8, Process time - 1 Hour
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RECOMMENDATION
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Pharmacist Check Prescription
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Blog Link: http://patient.info/doctor/general-prescribing-guidance
https://www.drugs.com/Valid
Call Customer to reconfirm order
Inform about cancellation
Proceed Order
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Customer Folder
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Vendors
Distributors & Wholesalers
Associated Doctor
Alternative Solution
Listed Medicines
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Confirm Order Ready the Order
Send to Customer Call Deliveryman
Picks order and deliver
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Target - 7 vendors Associate with a DoctorAssociate with Wholesalers & Distributors
Research Based Recommendations
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Operations Based Recommendations
Implement Travelling salesman - Shortest route
Appoint two Pharmacists Send Feedback link
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• Right approach
• Commence with operation in Pune
• Implementation of algorithms for software development
• Achieve operational efficiency
• Implementation will minimize – delivery time & WIP
CONCLUSION
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Thank You