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:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Apple ... care services, staged a mock evacuation of the facility as part of a disaster ... Fire Department, Echo Hose EMS and Shelton City Emergency Manager, as well as the ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Global Healthcare Management’s ... Alexandria Park in Milford, NJ. This free event, sponsored by Global Healthcare Management’s ... The fun run is geared towards children of all ages; it is a ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the ... danger possible to save lost souls in the Philippines. “The Journey: From the Mountains ... a dedicated teacher of the Bible. She has taught all ages and currently teaches ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest and ... plans to open a flagship location in Covington, LA at 401 N. U.S. Highway ... store next to Office Depot in the Holiday Square shopping center. Its location allows ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... -- NDS received FDA 510(k) clearance in May 2017 for its highly ... designed for endoscopy environments. An innovative secondary monitor solution, ZeroWire ... support the improvement of patient outcomes, procedural efficiency, and the lowering ... ... ...
(Date:10/4/2017)... 4, 2017  South Korean-based healthcare product Development Company ... "cprCUBE" on Kickstarter. The device will educate the user ... with better efficiency compared to the dated and pricey ... on efficacy of the compression for a more informed ... goal to raise $5,000. ...
(Date:10/2/2017)... 2017  Eli Lilly and Company (NYSE: ... third quarter of 2017 on Tuesday, October 24, 2017. ... day with the investment community and media to further ... call will begin at 9 a.m. Eastern time. Investors, ... webcast of the conference call through a link that ...
Breaking Medicine Technology: