Project Details
INDUSTRY: Pharma
TYPE: Process Manufacturing
VARGAS LABORATORIES is one of the largest pharmaceutical laboratories in Venezuelan specialization in vaccines since 1955.
PROBLEM: production time loss and efficiencies created during machine set-up time and format changes.
SOLUTION: large scale optimization model to integrate production planning and scheduling in order to optimize inventory policies and raw material acquisition planning while maximizing service level for each product.
RESULT: supply and demand chain optimization, production maximization for each product SKU, increased both line.
FRAMEWORK: 5 key operational mathematical models, 100+ algorithms
