A root cause analysis of stock-outs in the pharmaceutical industry

Thesis: M. Eng. in Logistics, Massachusetts Institute of Technology, Engineering Systems Division, 2014.

Bibliographic Details
Main Authors: Sun, Xuewen, M. Eng. Massachusetts Institute of Technology, Yin, Bangqi
Other Authors: Roberto Perez-Fraitco.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2014
Subjects:
Online Access:http://hdl.handle.net/1721.1/92120
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author Sun, Xuewen, M. Eng. Massachusetts Institute of Technology
Yin, Bangqi
author2 Roberto Perez-Fraitco.
author_facet Roberto Perez-Fraitco.
Sun, Xuewen, M. Eng. Massachusetts Institute of Technology
Yin, Bangqi
author_sort Sun, Xuewen, M. Eng. Massachusetts Institute of Technology
collection MIT
description Thesis: M. Eng. in Logistics, Massachusetts Institute of Technology, Engineering Systems Division, 2014.
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spelling mit-1721.1/921202019-04-12T21:50:53Z A root cause analysis of stock-outs in the pharmaceutical industry Sun, Xuewen, M. Eng. Massachusetts Institute of Technology Yin, Bangqi Roberto Perez-Fraitco. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering Systems Division. Engineering Systems Division. Thesis: M. Eng. in Logistics, Massachusetts Institute of Technology, Engineering Systems Division, 2014. Cataloged from PDF version of thesis. Includes bibliographical references (pages 45-46). PharCo (an assumed name) is a leading global healthcare company with well-recognized brands of both pharmaceutical and consumer healthcare products. As PharCo continues to expand its global presence, product stock-outs in their pharmaceutical business unit have been consistently increasing. PharCo suspected that manufacturing quality defects were a major cause of stock-outs, reducing the production yield and preventing the company from meeting customer demand. To help test this hypothesis and address the stock-out challenge, we reviewed existing research on the subject of product stock-outs within the pharmaceutical industry. To understand PharCo's manufacturing process, we conducted on-site visits and reviewed their quality control practices. Finally, we designed a mixed methods approach that combines qualitative and quantitative techniques to analyze the root causes of product stock-outs at PharCo. The analysis revealed that, instead of manufacturing quality defects, regulatory issues were the primary cause for stock-outs at PharCo. Regulatory challenges associated with developments such as new product launches, license renewals, and formulation modifications need to be addressed for PharCo to reduce their stock-out level. by Xuewen Sun and Bangqi Yin. M. Eng. in Logistics 2014-12-08T18:50:16Z 2014-12-08T18:50:16Z 2014 2014 Thesis http://hdl.handle.net/1721.1/92120 895886357 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 50 pages application/pdf Massachusetts Institute of Technology
spellingShingle Engineering Systems Division.
Sun, Xuewen, M. Eng. Massachusetts Institute of Technology
Yin, Bangqi
A root cause analysis of stock-outs in the pharmaceutical industry
title A root cause analysis of stock-outs in the pharmaceutical industry
title_full A root cause analysis of stock-outs in the pharmaceutical industry
title_fullStr A root cause analysis of stock-outs in the pharmaceutical industry
title_full_unstemmed A root cause analysis of stock-outs in the pharmaceutical industry
title_short A root cause analysis of stock-outs in the pharmaceutical industry
title_sort root cause analysis of stock outs in the pharmaceutical industry
topic Engineering Systems Division.
url http://hdl.handle.net/1721.1/92120
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