Lenox Medical Supply Problem Statement
Name:
Institutional Affiliation: Lenox Medical Supply Problem Statement
Lenox Medical Supplies is a company that specializes with offering medical mobility solutions. Their products include: mobility scooters, incontinence supplies, and sales as well as rentals of power chairs. The company is headquartered in Washington DC and serves various clients in the United States as well as beyond ("Wheelchair & Scooter Rentals in Washington DC & all of US | Medical Equipment", n.d.)
Problem Statement
The company is facing transportation challenges in the supply chain it is necessary to ship some of the products to customers who require them in areas that are not served by warehouses belonging to the company. In addition, the company must transport their purchased products to the various stores as well as to the headquarters for distribution to their customers. This challenge has arisen in the phase of expanding healthcare coverage and
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Finance and administration
The problem faced by Lenox Medical Supplies affects the finance department since the costs associated with transportation must be accounted and paid for by this department. In addition, any budgets associated with any purchases or sales forecasts depend of the availability of finances. The finance department usually operates as the central cog in any decision and as such must be central to addressing the transportation supply chain problems faced by the company.
2. Sales and marketing
The company sells medical supplies that must be transported to the various customers mainly by road. The sales and marketing department must account for the costs associated with sales which include the transportation costs. In addition, the sales department must only accept orders from customers if they have the ability to fulfill the requisite orders. The need for cheaper alternatives will drastically reduce the costs of selling the