Research Article

INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY

Volume: 3 Number: 2 December 31, 2020
EN

INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY

Abstract

Inventory management in the healthcare industry is of prime importance to ensure the appropriate delivery of the medical and health products to the final customer in a reasonable time without shortage or overstocking of the goods. The achievement of this balance, in turn, is dependent on the production of the product in a timely manner through dynamic control of the inventory mobility of the input materials in the warehouse. In the present study, eight raw materials, which are used as excipients in healthcare products, were selected as a focus research group for analysis using statistical process control (SPC: process-behavior (trending/control) charts, Pareto plots, Box plot diagrams and Pie illustrations), namely Macrogolglycerides, MCC, Sodium Benzoic Sulfimide, Carmellose Sodium, Isofol 20, Citric Acid Hydrate, Ace K and Sodium Hydrate. Inventory autonomous management network was integrated with SPC software (Minitab®v17.1.0) using the generated database. A unique and simple index was created to prioritize and evaluate each material quantitatively based on material mass, rejection factor, deliveries intervals and the lag time before disposition. Isofol 20 and MCC contributed by about 70% as a material risk weight (MRW). This index is useful for objective comparative analysis, measurement of the degree of changes quantitatively and decision-making.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

December 31, 2020

Submission Date

February 12, 2020

Acceptance Date

December 30, 2020

Published in Issue

Year 2020 Volume: 3 Number: 2

APA
Eissa, M., & Rashed, E. (2020). INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY. Journal of Business in The Digital Age, 3(2), 123-128. https://doi.org/10.46238/jobda.688641
AMA
1.Eissa M, Rashed E. INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY. JOBDA. 2020;3(2):123-128. doi:10.46238/jobda.688641
Chicago
Eissa, Mostafa, and Engy Rashed. 2020. “INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY”. Journal of Business in The Digital Age 3 (2): 123-28. https://doi.org/10.46238/jobda.688641.
EndNote
Eissa M, Rashed E (December 1, 2020) INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY. Journal of Business in The Digital Age 3 2 123–128.
IEEE
[1]M. Eissa and E. Rashed, “INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY”, JOBDA, vol. 3, no. 2, pp. 123–128, Dec. 2020, doi: 10.46238/jobda.688641.
ISNAD
Eissa, Mostafa - Rashed, Engy. “INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY”. Journal of Business in The Digital Age 3/2 (December 1, 2020): 123-128. https://doi.org/10.46238/jobda.688641.
JAMA
1.Eissa M, Rashed E. INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY. JOBDA. 2020;3:123–128.
MLA
Eissa, Mostafa, and Engy Rashed. “INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY”. Journal of Business in The Digital Age, vol. 3, no. 2, Dec. 2020, pp. 123-8, doi:10.46238/jobda.688641.
Vancouver
1.Mostafa Eissa, Engy Rashed. INVENTORY DIGITAL MANAGEMENT USING STATISTICAL PROCESS CONTROL ANALYSIS IN HEALTHCARE INDUSTRY. JOBDA. 2020 Dec. 1;3(2):123-8. doi:10.46238/jobda.688641

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