A decision support system for managing inventory at GlaxoSmithKline

被引:33
|
作者
Shang, Jennifer [1 ]
Tadikamalla, Pandu R. [1 ]
Kirsch, Laurie J. [1 ]
Brown, Lawrence [2 ]
机构
[1] Univ Pittsburgh, Joseph M Katz Grad Sch Business, Pittsburgh, PA 15260 USA
[2] GlaxoSmithKline Inc, Pittsburgh, PA 15108 USA
关键词
Decision Support Systems; Spreadsheet modeling; Inventory; Consumer healthcare product;
D O I
10.1016/j.dss.2008.04.004
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
Firms often turn to supply chain software to streamline and standardize operations. A challenge is how to best utilize the data provided by the software. One approach is to import the data into Decision Support Systems (DSS) to build special-purposed decision aids. This paper presents an effective inventory management model for GlaxoSmithKline (GSK). The DSS effectively determines the safety stock level and the number of weeks forward coverage (WFC) for each SKU (Stock Keeping Unit). We discuss GSK's experiences relative to the literature on DSS design, implementation, and usage, This research shows implementing the proposed decision support system would provide GSK a distinct competitive advantage. However, careful implementation is necessary to fully realize the potential of the DSS. (c) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:1 / 13
页数:13
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