Volumetric Dimensioning of Strategic Stock; SOP, a step further toward a better flow control

TL;DR

This paper presents a case study on optimizing drug stock management in Tunisia, proposing a volumetric approach for strategic stock sizing to improve flow control and reduce shortages and costs.

Contribution

It introduces a volumetric dimensioning method for strategic stock, tailored to real depot data, enhancing inventory policies and flow control in drug distribution.

Findings

Effective drug classification for inventory management

Proposed volumetric quantification improves stock estimation

Recommendations for tailored inventory policies

Abstract

This paper is presenting a real case study. It focuses on a drug stock management problem within a Tunisian monopoly in drugs distribution, PCT. The commercial service aims to optimize the drug stock management and procurement while reducing drug shortage and cost of stock management and to have a clear vision on the estimation of the strategic stock of products. Precisely, I have investigated a set of the real depots dataset and the Tunisians hospitals depots of the country in particular. This analysis phase has yield to suggest some important actions, such as the drugs classification, the establishment of an adequate inventory policy for each drug family and the volumetric quantification of strategic stock.