Supply Chain Model & Simulation for a Healthcare giant
Business Case:
Supply Chain Modelling and Simulation for the company’s supply chain for all the different business units and all the logistics players involved. Supply chain model plays a dual role – Database of all past data and the forecasting tool for all the supply chain related indicators; In nutshell, this model would be driving all the key supply chain decisions for the company’s supply chain.
Project Explained:
We engaged with Clear State and mapped the current state of supply chain, distribution and the inventory across the end to end of the supply chain of the company. The simulation and modelling were also in the supply chain consulting scope of work.
We built a supply chain model to capture all the 100+ data points across all the different business units. The Model is also capable of doing the supply chain simulation for the next 5+ years for the company in total and also can generate forecast by business unit or by a business unit.
We used all our existing standalone supply chain related models to build the end to end of supply chain model which captured millions of data and analysis across business units – Spine, Mitek, Joint, Trauma, Neuro, BW, LVC, Endo and Cordis and also across all the different logistics providers (LP) involved – TaiMei, Sinopham Med, Tibet Deling, Han Xing, Shanghai pharma, etc.
Business Result:
The company’s supply chain model and simulator was delivered on time. This model right from the input data sheets till the final trend graphs, simulated numbers, reports and the customized reports are all automated. Model and Simulator also has numerous customized selection as options for the supply chain team.
Few snapshots of the supply chain model and simulator is shown in figure below:
