| ACES Presentation
Tommy
Vitolo
Boston University - Manufacturing
Engineering
Internship
performed at Jointown Group Company, Limited
in Wuhan, China
Friday - October 26, 2007
12:00 noon
Physics Research Building - Room 595
3 Cummington Street
"Warehouse
Inventory Management Project for Jointown Group
Co., Ltd, Wuhan, China"
Jointown Group Co, Ltd is a
pharmaceutical company with over 20,000 products,
shipping daily to pharmacies, retailers, and
medical centers across China. Their distribution
system is complex, utilizing shipping direct
to customers and intermediate warehouses, shipping
product to customers in pallets, cases, or as
individually wrapped items. Their ordering system
at warehouses formerly consisted of daily ad
hoc visual estimates by an inventory manager.
We implemented a modified (s, S) inventory system
in the Wuhan warehouse, resulting in lower on-hand
inventories, less frequent stock outs, higher
safety standards, improved customer satisfaction,
and greater profitability.
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