Application Of Lean Six Sigma Theory In Inventory Management Of Takeda Pharmaceutical Company

Tianjin Takeda Pharmaceutical Company belongs to Japanese Takeda Pharmaceutical International Company. It is a leading company in pharmaceutical industrial. It was founded in 1990s, after more than 20 years development, Tianjin Takeda Pharmaceutical Company become a production center for China market even Asian. Due to the long history of this company, there are many problems such as internal process complex, slow response speed, non-value added activities, and inventory and product delivery slow. To improving cost saving, to shorten the lead time, to increase market competitiveness, company need to change the inventory management. This paper this paper studies the inventory management of Takeda Pharmaceutical Co., Ltd. based on Lean Six Sigma theory.In this paper, the phenomenon of the long time inventory of raw material stocks, the phenomenon of low turnover rate is studied, analyzed and improved by using the Lean Six Sigma optimization method. At the problem solving, six sigma process improvements are applied by the model of DMAIC (Define, Measure, Analysis, Improve and Control). Through these applications, Takeda Pharmaceutical Group Tianjin Company improved the efficiency, reduce the inventory, and reduce waste. Under guarantee of the quality, increase 0.6 million CNY, enhance the cooperation of different departments, eventually increase the market adaptability, and consolidated the Takeda Pharmaceutical Group Tianjin company’s important role of production center in the Asia Pacific region. At the same time, it also provides useful and helpful reference and experience for other enterprises, especially for pharmaceutical companies in inventory management.