English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Preface: The author is an entrepreneur engaged in manufacturing and exports of life saving pharmaceutical formulations. He is also an office bearer in several professional associations such as Indian Drugs Manufacturer’s Association- Gujarat State Board, Indian Pharmaceutical Association – Gujarat State Board and in Gujarat Chamber of Commerce and Industry. One of the key challenges faced in international marketing operations by the author’s enterprise- Saga Laboratories, was to maintain optimum stocks at the Vendor’s and the importer’s end in order to avoid shortage of life saving medicines such as antibiotics and anti-malarials. The company approached Dr Pradeep J. Jha, who already has published papers and done work in the field of inventory management. The purpose was to identify a practically feasible management model to address the issue of production planning and stocking of essential life saving medicines. Under the guidance of Dr Jha, the study was done and the models were identified and evaluated. The novel concepts detailed in this study paper is an outcome of such efforts. Novel concepts like Safety Plan stock at buyer’s end, Emergency stock at vendor’s end and No-shortage gain are some of proposed novel concepts that have evolved out of this study and have been successfully implemented. The models were then tested in real life situations by Saga Laboratories for their importers in several Asian, African and South American markets. Owing to successful implementation of this novel business model, it was decided to publish this as a paper and to work further in this direction to come out with newer ideas in this field. This paper will be followed up with further studies in this direction, such as Order Size optimization, profit optimization etc.

Production Planning and stocking of Life-Saving Essential Medicines at Vendor’s and Buyer’s End [A Real Case Study and Suggested Feasible Solution]