Hyper Velocity Product Development Assignment

Problem Statement :

The client, a hospital chain consisting of 6000 hospitals, is currently grappling with significant challenges
in inventory management. The existing system poses several issues that hinder efficient operations and
patient care.

Firstly, nurses spend excessive time navigating the storage rooms to locate specific medicines required
for patients awaiting surgery in the operating room.

Secondly, the transportation of medicines from the storage room to the operation theater is time-
consuming and inefficient.

Thirdly, the manual scanning of each medicine during the checkout process proves to be a time-intensive
task.

Additionally, nurses lack real-time visibility of the availability of items in the storage room until after
they have physically checked.

Lastly, the presence of multiple storage rooms across each hospital leads to a laborious and manual
search process, as nurses must individually check each room to locate the required medicine.

These challenges collectively demand an improved inventory management solution that addresses these
issues and streamlines the process, ultimately optimizing patient care and operational efficiency.

Expected Solution:

Write your Vision Statement here : You Should follow SMART (Simple|Measurable|Accountable|
Realistic|Time bound) principle and No long solution is required.

● Our vision is to transform the inventory management system across our 6000 hospitals by 2025.
We will achieve this by developing a centralized inventory management solution that contains
information on all inventory items in each hospital as well as across the entire hospital chain. This
solution will empower our nurses and inventory managers to check real-time inventory levels,
locate each medicine, and make quick decisions. It will also facilitate seamless transportation of
medicines from storage rooms to operation theaters. Our aim is to achieve a 95% reduction in the
total time taken by our staff to search for and transport medicines from storage rooms to
operation theaters.

Day 1 Customer for the Product: fyi, These are the end users who uses our product.
● Nurses (Hospital staff)
● Inventory Managers
Wow Factors (Maximum 1/2 only):
The WOW factor is the key feature that will help your product leap toward your business’s vision
statement. Your Day 1 customer should say "Wow!" when they try it the first time.

#1. Inventory Management System – A centralized inventory system will contain all medicine information
in the hospital, as well as across the hospital chain. All medicines will be barcode/QR code tagged for
easy tracking and entry/removal from the system. A mobile app capable of real-time interaction with this
system will also be developed to assist in medicine searches. Each storage room will feature a
barcode/QR code screen during checkout to detect the entire batch of medicine. Additionally, a packing
machine or manual packing system will be implemented to pack all medicines into boxes. Medicine
redistribution across the hospital chain will also be facilitated to prevent wastage due to expiry and other
issues.
#2. Transportation system – Each operation theatre will be assigned a code. A conveyor belt-based
system for transporting medicine from storage rooms to operation theatres will be established. Nurses or
inventory managers can place medicine boxes on conveyors and enter the destination as the operation
theatre code. Once the medicine box reaches the operation theatre, nurses or doctors can retrieve and
use it.

Deal Breakers (Maximum 5 only):

This is the bare minimum expected from the product. If the product does not have this feature, customers
will not purchase. Do the bare minimum required when it comes to deal breaker features.

#1. Real time inventory tracking

#2. No damage of medicine during transportation
#3. High software Up time
#4 Correct medicine delivery from storage room to Operation theatre
#5

Your Personal Professional Short-Term Goals:

I want to be part of Middle Management team and improve my skills. Taking up a challenging role in
project/ program management and managing key stakeholders of the team.

Your Personal Long-Term Goals (5-7 years):

I want to be part of Senior Management team. I want to move to role similar to Portfolio Manager or
Sector lead so that I can make decisions on Leadership and culture of the company.