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MTC company Case Study
Problem Statement & Objective
1. MTC company was imposed additional
taxes obligations of 2.3% of the revenue
2. This leads to reduction of the net profit
3. The objective is to compensate this reduction
by optimizing other aspects of business
Executive Summary
1. Reduce cost by optimizing supply chain
activities
2. Reduce touch points within supply chain
which results in accumulation of cost
3. Optimize inventory management to
reduce inventory holding costs
Areas of improvement
Short term solutions:
• Establish in-house sterilization process or
partner with Sanitary companies
• Reduce number of “trunk stocks” where
inventory is held
• Establish on-site kiosks with minimum amount
of equipment
Areas of improvement
Long term solutions:
• Construct a a centralized warehouse close to
hospitals with minimum lead-time
• Outsource developing a online service which
would allow nurses to place order and see
information & guidelines on new equipment
Resources needed for improvement
Time; Budget; Material; People
Risks and Contingencies
1. Risk of stocking out
2. A proper demand planning is required to
reduce that risk
3. Risk of that surgeons may have lack of
knowledge to use new equipment
4. To mitigate that risk, a very informative videos
& guidelines should be elaborated
My project

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My project

  • 2. Problem Statement & Objective 1. MTC company was imposed additional taxes obligations of 2.3% of the revenue 2. This leads to reduction of the net profit 3. The objective is to compensate this reduction by optimizing other aspects of business
  • 3. Executive Summary 1. Reduce cost by optimizing supply chain activities 2. Reduce touch points within supply chain which results in accumulation of cost 3. Optimize inventory management to reduce inventory holding costs
  • 4. Areas of improvement Short term solutions: • Establish in-house sterilization process or partner with Sanitary companies • Reduce number of “trunk stocks” where inventory is held • Establish on-site kiosks with minimum amount of equipment
  • 5. Areas of improvement Long term solutions: • Construct a a centralized warehouse close to hospitals with minimum lead-time • Outsource developing a online service which would allow nurses to place order and see information & guidelines on new equipment
  • 6. Resources needed for improvement Time; Budget; Material; People
  • 7. Risks and Contingencies 1. Risk of stocking out 2. A proper demand planning is required to reduce that risk 3. Risk of that surgeons may have lack of knowledge to use new equipment 4. To mitigate that risk, a very informative videos & guidelines should be elaborated