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dc.rights.licenseAll rights reserveden_US
dc.contributor.advisorNieves Castro, Rafael A.
dc.contributor.authorLozada Murcelo, Ana M.
dc.date.accessioned2020-09-16T18:15:52Z
dc.date.available2020-09-16T18:15:52Z
dc.date.issued2015
dc.identifier.citationLozada Murcelo, A. M. (2015). Optimizing inventory levels in a medical device company [Unpublished manuscript]. Graduate School, Polytechnic University of Puerto Rico.en_US
dc.identifier.urihttp://hdl.handle.net/20.500.12475/646
dc.descriptionDesign Project Article for the Graduate Programs at Polytechnic University of Puerto Ricoen_US
dc.description.abstractHaving material shortages can be dangerous to production since it can cause lack of product availability for sale therefore making the company unprofitable. Only measuring the weeks of inventory and inventory turns can be misleading since these two ratios can indicate that the inventory is under control when is not. Considering the safety stock coverage as part of the analysis can help identify what percentage of the items have the necessary inventory available to run the manufacturing line effectively. In order to calculate the optimum material quantity to have healthy levels of inventory, the ABC Analysis was used. Also, to make ensure the Enterprise Resource Planning (ERP) System provides the right signals, a kaizen event was implemented to identify all the parameters that needed to be updated, to what quantity and the owner of them. As a result, the variable of Buyer and ERP System Execution decreased its occurrence 28%. Key Terms - DMAIC, Inventory Control, Inventory Optimization, Supply Chain Managementen_US
dc.language.isoen_USen_US
dc.publisherPolytechnic University of Puerto Ricoen_US
dc.relation.ispartofManufacturing Competitiveness
dc.relation.ispartofseriesSpring-2015
dc.relation.haspartSan Juanen_US
dc.subject.lcshSix sigma (Quality control standard)en_US
dc.subject.lcshMedical instruments and apparatus industry--Inventory control
dc.subject.lcshPolytechnic University of Puerto Rico--Graduate students--Research
dc.titleOptimizing Inventory Levels in a Medical Device Companyen_US
dc.typeArticleen_US
dc.rights.holderPolytechnic University of Puerto Rico, Graduate Schoolen_US


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