integration of inventory and the delivery model for operational efficiency and minimal wip in pune...
TRANSCRIPT
“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