Thesis/Capstone
Publication Date
Abstract
The majority of the players in the pharmaceutical industry have not traditionally been motivated to optimize supply chain and operational efficiencies. Several factors in the industry, however, are helping to turn management attention towards supply chain and operational efficiency. This paper looks at a bio-pharmaceutical company and attempts to map and model the raw-material procurement process. Raw-material inventory and supply chain responsiveness are used as dependent variables to compare scenarios of concentrated improvement in vendor and internal lead times.
Authors: Jake T. Wheeler
Advisor: Mahender Singh