Sirikarn Ngampunvetchakul.. Hospital warehouse and inventory management : a case study of VMI implementation. Master's Degree(Industrial Engineering). Mahidol University. Mahidol University Library and Knowledge Center. : Mahidol University, 2014.
Hospital warehouse and inventory management : a case study of VMI implementation
Abstract:
The objective of this research is to investigate the impact of Vendor Managed Inventory (VMI) implementation on the hospitals warehouse and inventory management. Inventory level, shortage rate and cost reduction in both supplier and hospital are investigated. Simulation modeling is used to test the hospitals warehouse and inventory business processes by comparison with the current process based on current and VMI model. In this study, the classification of drug type of their value and clinical importance ABC/VEN analysis that we focused on ABC/VEN, which focuses on both consumption and essential level used to define the most appropriate drugs type in order to develop the VMI model. Moreover MSale policy used to define the hospitals inventory policy to compare inventory level with the current and VMI according to Min/Max inventory policy. This research found that the benefit for hospital perspectives after the adoption of VMI applied to the characteristic drug type AN-Trend, hospital can reduce costs up to 80% follow by drug type AE-No trend with seasonal approximately 60-65% cost saving and AVNo trend and no seasonal respectively with the average 60% cost saving. Therefore, concerning the impact for VMI implementation in hospitals, not all drug type and drug characteristic demand are suitable for VMI model depends on the impact to warehouse and inventory management. However, implementing the VMI model can improve the cost benefits to hospital, supplier, and overall cost of healthcare supply chain are in a different perspective