Integration of Inventory and the Delivery Model for Operational Efficiency and Minimal WIP in Pune...

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Transcript of Integration of Inventory and the Delivery Model for Operational Efficiency and Minimal WIP in Pune...

“Integration of Inventory and the Delivery Model for Operational

Efficiency and Minimal WIP in Pune City for QuikPills”

- Miraj Patel 331418

E - PHARMACY

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.

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

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

MARKET RESEARCH – KOTHRUD(DATA ANALYSIS)

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

11%

89%

Inventory Management

Manual book-keep-ing?Software

100%

Inventory Resupply

Regular re-supply

33%

67%

Awareness about E- Pharmacy

NoYes

33%

67%

Home Delivery

NoYes

67%

33%

Interested/Not Interested

InterestedNot Interested

OPERATIONS

KNN + K – Mean Algorithm

Travelling Salesman Problem (Pune)

Approximate Time Taken: 530 mins

(approx. 9 Hours)

Approximate Distance Covered: 92.3 Km

Min Requirement of Delivery Boys: 8

Travelling Salesman Problem (Kothrud)

Approximate Time Taken: 175 mins

(approx. 3 Hours)

Approximate Distance Covered: 25 Km

Min Requirement of Delivery Boys: 2

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

Travelling Salesman Problem (Katraj)

Approximate Time Taken: 195 mins

(approx. 3.5 Hours)

Approximate Distance Covered: 35 Km

Min Requirement of Delivery Boys: 3

FINDINGS

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

RECOMMENDATION

Pharmacist Check Prescription

Blog Link: http://patient.info/doctor/general-prescribing-guidance

https://www.drugs.com/Valid

Call Customer to reconfirm order

Inform about cancellation

Proceed Order

Customer Folder

Vendors

Distributors & Wholesalers

Associated Doctor

Alternative Solution

Listed Medicines

Confirm Order Ready the Order

Send to Customer Call Deliveryman

Picks order and deliver

Target - 7 vendors Associate with a DoctorAssociate with Wholesalers & Distributors

Research Based Recommendations

Operations Based Recommendations

Implement Travelling salesman - Shortest route

Appoint two Pharmacists Send Feedback link

• Right approach

• Commence with operation in Pune

• Implementation of algorithms for software development

• Achieve operational efficiency

• Implementation will minimize – delivery time & WIP

CONCLUSION

Thank You