Development and Implementation of an Integrated Inventory Management Program at Pfizer Pharmaceuticals

P. P. Kleutghen and J. C McGee
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P. P. Kleutghen: Pfizer Incorporated, 235 East 42nd Street, New York, New York 10017
J. C McGee: Pfizer Incorporated, 235 East 42nd Street, New York, New York 10017

Interfaces, 1985, vol. 15, issue 1, 69-87

Abstract: Pfizer developed and implemented an integrated system to manage inventories in its US pharmaceutical business. A series of MS models covering the length of a complex supply chain and using a variety of mathematical methods was introduced. The program reduced inventories by $23.9 million and back orders by 95 percent over a three-year period.

Keywords: industries: pharmaceutical; inventory/production: application (search for similar items in EconPapers)
Date: 1985
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