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Stock items on the run : a research into the new inventory system in the OR-complex of the Reinier de Graaf hospital

Wolbers, Pieter (2007) Stock items on the run : a research into the new inventory system in the OR-complex of the Reinier de Graaf hospital.

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Abstract:This research studies the new inventory system of the Reinier de Graaf hospital in Delft (RdGG). In December 2006, the RdGG implemented a two-bin replenishment policy under periodic review in the OR-complex of the H building (OR H). The policy is used to supply all (disposable) stock items to the OR-complex. In this research, we evaluate the main problems of the current inventory system. We conclude that the demand for stock items in the OR-complex is stochastic. We therefore state that the RdGG needs an alternative, more reliable methodology for determining stock levels in an OR-complex. Given a two-bin replenishment policy under periodic review, the methodology to be used when demand is stochastic. This methodology is based on inventory management literature. We test the methodology by simulating the replenishment in MS Excel, and compare the simulated stock levels with the current stock levels in OR H. The methodology supports the two-bin replenishment policy and minimizes inventory in the OR-complex of the RdGG. Implementing this methodology is expected to reduce inventory the storage rooms of OR H by 50% to 70%.
Item Type:Essay (Bachelor)
Clients:
Reinier de Graaf Group, Delft, Netherlands
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Industrial Engineering and Management BSc (56994)
Link to this item:http://purl.utwente.nl/essays/593
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