Improving a Supply Chain Management in Pharma Industry

Improving the supply chain performance moldovan vasilie , MD mail : moldovan@artelecom.net Table of Contents Abstract ..............................................................................................................3 Short description of the company .......................................................................4 Characteristics of the supply chain and logistics in pharma.................................5 Downstream supply chain in pharmaceuticals ..................................................7 Particularities of SCM in pharmaceutical field†¦show more content†¦The factory had to undergo a complete technological renewal, everything being disaffected, and during 2005 a new administrative office and a completely automated new factory have been built. The entire technological flow was GMP, GLP and ISO certified, such that in 2006, Infomed Fluids was the only producer on this niche, which was completely certified by the pharmaceutical authorities. The renewal of technology, the general management change, the introduction of a new modern informational system (SCALA) required a complete reconfiguration of the management of each department of the organization, including the logistics and supply chain departments, directly involved in ensuring market/customer satisfaction, and also in ensuring the competitive advantage of the factory with respect to other niche players and in creating added value to the investment of the stockholders. The company went through two implementation phases of the logistics and supply chain management, which will be described in this study, the changes being accomplished gradually, depending on the implementation of other management processing and on the technological and informational investments. The location of the factory – in the capital of the country, Bucharest, a city with almost 3 million inhabitants (almost 15% of the entire population of the country), a city with almost 50 hospitals (near 28% from the total number of hospital beds are locatedShow MoreRelatedCompany And Preliminary Accounting Analysis946 Words   |  4 PagesIndustry, Company and preliminary Accounting Analysis Industry Analysis To start the analysis of the industry, firstly the identification of which industry Blackmores is should be made. Since Blackmores is the company which identified as the natural health company, so the industry that Blackmores involved is the health care sector. Based on the Global Industry Classification Standard (GICS), the health care sector could be broken into two broad industries: one is health care equipment and servicesRead MoreCompany And Preliminary Accounting Analysis1854 Words   |  8 PagesIndustry, Company and preliminary Accounting Analysis Industry Analysis To start the analysis of the industry, firstly the identification of which industry Blackmores is should be made. Since Blackmores is the company which identified as the natural health company, so the industry that Blackmores involved is the health care sector. Based on the Global Industry Classification Standard (GICS), the health care sector could be broken into two broad industries: one is health care equipment and servicesRead MoreOverview of SQUARE pharmaceuticals LTD2777 Words   |  12 Pageslive. Our dedication to add more value to the common wealth of the society compounded by innovative strategies for growth and diversification, pioneering role in  bringing new technology and implementing new ideas, and commitment for total quality management distills the glory of our success. Today SPL is not merely a market leader. Most of the products that it actively markets enjoy leadership position demonstrating incomparable trust of the healthcare professionals. Today SPL is ready to face theRead MoreSignificance And Significance Of Outsourcing2015 Words   |  9 Pagesdevelopment process can be regarded as a tool to decrease the high costs that are involved in the procedure of carving and manufacturing new offerings. It is to be noted that Indian pharmaceutical industry has come a long way from being non-existent in 1970s to highly credible contributor in global pharmaceutical industry. With reference to manufacturing complex drugs, India has proved its metal by carving out every drug in a novel manner. India has come up with world class facilities in reference to manufacturingRead MoreStrategic Marketing Management And Tactics951 Words   |  4 PagesMarketing Management and Tactics in the Services Industry Strategic Healthcare Service’ Management ABSTRACT Healthcare is a service industry and broadly includes hospitals, health technologies and people i.e. skilled doctors and nurses. Healthcare organizations are complex, diverse in nature and need to improve quality while maintaining optimum cost. Patient is the customer hence healthcare service quality is nothing but perceived satisfaction by patient. Prevalent trends in healthcare industry i.e.Read MoreTeva Pharmaceuticals Strategy Case Paper1073 Words   |  5 Pageshas a major presence in Russia, Latin America, Japan and South Korea. In 2012, it had revenue of 20.3 billion and a net income of 1.96 billion (see table 1). Target Customers: Teva pharmaceutical’s primary customers are wholesalers and retail drug chains. Physicians and hospitals are the other major customers. Women with hormonal ailments and patients above 65 also form an important and a growing market. Also, many pharmaceutical companies purchase active pharmaceutical ingredients (APIs) from TevaRead MoreProblems Facing the Pharmaceutical Industry and Approaches to Ensure Long Term Viability14741 Words   |  59 PagesUniversity of Pennsylvania ScholarlyCommons Master of Science in Organizational Dynamics Theses 5-4-2010 Organizational Dynamics Programs Problems Facing the Pharmaceutical Industry and Approaches to Ensure Long Term Viability Donald A. Baines University of Pennsylvania, djtz00@aol.com Submitted to the Program of Organizational Dynamics in the Graduate division of the School of Arts and Sciences in Partial Fulfillment of the Requirements for the Degree of Master of Science in the OrganizationalRead MoreINTRODUCTION Rewards and Recognition can be powerful tools for employees’ motivation and1800 Words   |  8 Pages INTRODUCTION Rewards and Recognition can be powerful tools for employees’ motivation and performance improvement. Reward means something given for performance. Recognition is an important feature in retaining excellent employees and for improving performance. Many types of rewards and recognition have direct costs associated with them, such as cash bonus stock awards, and wide variety of company paid perks. The primary objective of providing Rewards and Recognition is to encourage and motivateRead MoreSupply Chain Sustainability at Gsk4373 Words   |  18 PagesINTRODUCTION In our report, we will be discussing on one of the major driving force for the long-term profitability and competitiveness of a firm, i.e. Sustainable Supply Chain Management. This has become one of the most recognized strategic goals by the leading global organizations in the world. Sustainability in Supply Chain Management refers to the fact that organization should not only fulfill the wants and expectations of their stakeholders, but also avoid actions that reduce the ability of theRead MoreThe Potential Benefits Of Social Investments Essay1649 Words   |  7 PagesResponsibility† which is abbreviated by CSR. In the biopharmaceutical industry, corporate social responsibility has been a vital tool for the ongoing success of certain companies. Recent scandals such as Martin Shkrelli and his skyrocketing pricing of Daraprima, a vital drug, has brought CSR practices in the pharma industry back into spotlight. Merck pharmaceuticals and CO. is one of the very few and dominant company in the pharmaceutical industry that has invested in social responsibility ever since it was