Navigation Links
Scott Sheldon Saves an International Healthcare Distributor’s Distribution Centers $650,000 After Losing Patent on Blockbuster Drug
Date:12/5/2013

Medina, OH (PRWEB) December 05, 2013

Scott Sheldon, and longtime partner, an International Healthcare Distributor*, partnered again to engage in a critical project in order to save two distribution centers that housed a blockbuster drug over $650,000 combined.

“The patent cliff is quickly approaching manufacturers of branded pharmaceuticals, some—such as this one in particular—are already experiencing generic erosion and need help finding savings now,” stated Scott Spyker, President and CEO of Scott Sheldon. “We believe supply chain improvements significantly contribute to company-wide savings, the ROI of our projects prove it.”

More details are in the full case study, on the company website; the following describes the project briefly.

Project Background:
Efficiency in their distribution center had eroded following the loss of a patented product when the generic equivalent became available. The DC had been built with a great deal of automation and was extremely efficient when operating at full capacity. Since the patent loss, however, it was operating much under capacity.

The “Ah Ha” Moment:
The Scott Sheldon team suggested looking beyond the single center to others where there might be redundancies and then identify ways to reduce those to improve costs.

Action Summary:
The Scott Sheldon engineers were able to find additional savings with a few more staffing adjustments in the distribution center. They found redundancies between the initial distribution center and another in the region that they knew could be eliminated with some proven supply chain improvements.

Result:
The customer was thrilled with the ROI of the project, a combined savings from the improvements at both centers of more than $650,000.

Spyker spoke proudly of his team, “When the evaluation of the first DC didn’t reveal significant opportunities for savings, the Scott Sheldon team dug deeper until they found supply chain solutions sure to benefit the customer (referring to the second DC).”

About Scott Sheldon
Scott Sheldon, LLC is a global engineer of supply chain transformations across Healthcare & Life Sciences, CPG & Retail, and Manufacturing—and has been for over nine years. Their portfolio includes network optimizations, WMS implementations and clinical trial engagements for Multinational Healthcare Companies*, Pier 1 Imports, Rubbermaid and many other Fortune 500 companies.

*Due to confidentiality we do not disclose the names of our healthcare and life science customers.

###
PR120-ks

Read the full story at http://www.prweb.com/releases/2013/12/prweb11393054.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. The John Scott and Dale Rifenberg Insurance Agencies of Dowagiac Offer Safety Tips for Holiday Decorations This Season
2. Scott Sheldon Initiates Change in Consulting Industry
3. Luxury Arizona Condos from The Statesman Group are Now Available for Purchase in Scottsdale/Phoenix, Arizona
4. Scott Price Selected as Speaker for Florida State University’s John Perry Thomas Accounting Speaker Series
5. Michigan Minimally Invasive Surgery Leader, Dr. Scott Laker, Launches New Website
6. Top Phoenix Hearing Aid Provider Opens New Office in Scottsdale, AZ
7. Scott Sheldon, LLC Reflects on LogiPharma 2013
8. Scott Sheldon Introduces Point of View Series; Turning Heads and Giving You "Piece of Mind"
9. Younan Properties Announces Successful Financing of Scottsdale Shopping Center; Retail Promenade to be Renamed 7 Thousand Shea
10. CEO of Award-Winning SEO Services Company, 180Fusion, Scott Cohen Elected to Emcee 2013 Prostate Cancer Dinner Gala
11. Attorney Scott Monge Wins Lien-Law Case against Georgia Hospital
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2017)... ... 21, 2017 , ... Sharon Kleyne is proud of the ... research center at Bio-Logic Aqua Research® Water Life Science®, has been released in ... sufferers of blindness. “We think that Nature’s Tears® EyeMist® will contribute to eliminating ...
(Date:7/21/2017)... ... July 21, 2017 , ... ... ligament (ACL) offer patients improved quality of life five years after injury, according ... Annual Meeting in Toronto, Ontario, Canada. The study followed patients for five ...
(Date:7/20/2017)... ... July 20, 2017 , ... ChenMed , a ... joined JenCare Senior Medical Center as Richmond Chief Medical Officer. Dr. ... Medicine, and Associate Chief Medical Officer of Ambulatory Services for the UVA Health System, ...
(Date:7/20/2017)... , ... July 20, 2017 , ... ... firm headquartered in Houston, is pleased to announce their expansion to the Midwest ... housing experience, directors Alysse Hollis and Ronald Bell, and of counsels, John Peck ...
(Date:7/20/2017)... ... July 20, 2017 , ... Team Type 1 Foundation, a nonprofit organization pursuing ... by diabetes, is teaming up with a Microsoft Corp. employee-led hackathon team for the ... 24th. , “Team Type 1’s mission overlaps seamlessly with Microsoft’s mission to empower ...
Breaking Medicine News(10 mins):
(Date:7/11/2017)... Ill. , July 11, 2017  Sysmex ... and urinalysis diagnostic testing equipment as well as ... innovation: a way to make quality assurance easier ... processes. "Sysmex is well known for the innovation ... Quality Monitor elevates quality assurance processes to ...
(Date:7/10/2017)... COLUMBIA, S.C. , July 10, 2017 /PRNewswire/ ... product purchasing and patient support services organization serving ... announced today the launch of four significant, value-added ... into market insights, better manage reimbursement and improve ... Ig and factor therapies. ...
(Date:7/5/2017)... JERUSALEM , July 5, 2017 ... www.oramed.com ), a clinical-stage pharmaceutical company ... today that it has received approval from the Israel Securities ... Stock Exchange (TASE). Oramed common stock will commence trading on ... Based on the current market capitalization of the Company, it ...
Breaking Medicine Technology: