The aim of the paper is to answer different questions in regards of a case study “When Supply is of Public Interest: Roche & Tamiflu”. The analytical paper aims to give answers of five different questions to understand the role of supply chain in the particular case study.
Question # 1 Benefits of an Influenza Pandemic Stockpile
Stockpile of the medicine has helped Roach to increase the supply of the medicine to the large effected areas of avian influenza. However, it is observed that influenza pandemic stockpile has helped Roach to increase its business in regards of the particular medicine. The Roche consolidated balance sheet shows a clear pattern of increased sales and business in 2006. It is observed that Roach has invested and financed
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It is important for the company to maintain healthy relationships with its stakeholders so is to continue growing at the same rate. In the past, Roach has faced several issues in regards of maintaining relationship with the stakeholders of the organization that further include media reports and they have many issues due to misinterpretation and miscommunication. It would be beneficial for Roach to avoid previous mistakes in regards of his stakeholders that company made and increased the level of communication with the media to increase the organizational knowledge among them (When Supply is of Public Interest: Roche &, 2009).
Conclusion
To conclude, it can be said that the supply chain network of the company plays an important role in its growth and business. The case study of Roach helps to understand that if the company has to reach and cover world’ population, it is important for the company to integrate in-house and out-house supply chain network to continue its growth ratio and
Westminster Company is a giant Global manufacturer of health products whose brand has been recognized by the world. As the company they have three different operations which produce and distribute different product lines. Their main strategy on which they are working and which is a major success for them is decentralized management. Now they are re-evaluating their traditional supply chain strategy because the company is getting too much pressure from their large domestic’s customers and global customers. Now the company has to study on
“Supply chains cannot tolerate even 24 hours of disruption. So if you lose your place in the supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells” (Friedman, T. n.d.). The introductory quotation from American Journalist Thomas Friedman establishes the purpose of this essay. This essay will briefly exhibit two factors that would change the demand for the product produced by GNC (General Nutrition Center); as elaborated upon in the last Session Long Project (SLP) this is the franchise I’ve selected for study during the duration of this session. Next, will be a short overview of activities that would affect changes in supply. After that, how could quantity demanded by changed? Finally, the type of demand the GNC product promulgates whether it is elastic or inelastic. First, let us dive into the two factors would change the demand for the GNC product.
The supply chain management is considered as a management concept from past two decades as the customers are concerned about timely and safe delivery. The competitiveness has been increasing among the companies to deliver the products as quickly as possible to the customers all around the world. This has made the supply chain management as a vital tool for the management. This is also measured as a competitive parameter for the companies.
The business world nowadays is very different from the past. It is fast changing, challenging and full of opportunities. In order to sustain the business, the companies need to minimize costs, maximize profits and make the business environmentally sustainable. The management of the organization achieve these goals through supply chain management has recently focused (Fawcett, et al., 2007).
Supply-Chain Management is the activities that procure materials and services, and transform them into intermediate goods and final products and deliver them, through a distribution system (Heizer & Render, 2011, p. 452). DELL is a computer technology corporation that develops sells, repairs and supports, computers and computer related products. DELL has realized that supply chain is becoming more and more important for the success of today’s business world and they work accordingly to keep a competitive advantage in the market. This study will examine to what extent Dell has used supply chain management to gain and retain a competitive advantage in the computer market.
The results of this paper center on the supply chain and logistical functions of an elite pharmaceutical organization in the United States. Westminster Company retains three separate companies, which produce and distribute individualized or differentiated commodities independently. This paper will discuss the changes being considered within their supply chain structure, which are, the establishing of a solidified warehousing structure, possessing combined shipments to conserve on costs, the incorporation of information technology (IT) to keep up the companies’ inventory using software like enterprise resource planning (ERP), and
This case presents a company, known as Westminster and currently considered as one of the biggest manufacturer of health products. It consist of three separate companies, in which each of them manufactures their own and unique products, with a decentralized management that allows for an overall outside view of what is for best the future of this enterprise. Top managerial personnel is currently re-evaluating and assessing the company’s supply chain and how they could develop a strategies that would facilitate revamping such system.
In most parts of the world, the supply and access of medicines is regulated by a framework set out by the government through regulatory body which looks at the risk perception and benefits of the medication to the population. For example in the United Kingdom, there are three categories of medicines: medicines for general sale, pharmacy supervised and prescription only drugs. Prescription only drugs are available only to a patient when prescribed by a doctor. Other healthcare professionals have been accorded the same status so as to give their patients, the prescription drugs. Pharmacy supervised drugs can only be sold under close watch of a registered pharmacist. General sale drugs list are available from any retail outlet within patient reach. When moving from prescription only to pharmacy and finally the general sales, it increase the public access to drugs thus necessitate medication, while also decrease the professional control of the same drugs (medicine). The study is about over the counter marketing which is understood to be pharmacy supervised sales and general sale medicines, but it doesn’t discount the prescription only drugs, because all the three makes up the pharmaceutical market equilibrium.
First of all, the author points out that the drugs prices and the drug manufacturers are just concerned about high profits. It is mentioned that drug prices should be cheaper for the poor countries facing the pandemic problem. This point is challenged by the lecturer. He says that the drug companies cannot reduce the price of the drugs. Furthermore, he argues that companies need high profits, as every business, to keep making more drugs and without this profits the companies would not exist.
The companies in this group provide the medical supplies needed to provide care to the end users. They are located at the top of the supply chain because their products are necessary for the existence of the other players. In fact, innovation in the industry is reliant on their output (source). Suppliers are powerful because they set the prices. There are many companies in this classification and a large number of them sell a wide variety of products in the market.
RAD should pursue option 2 because it increases their overall profitability. Despite the plan increasing costs by $200, option 2 increased daily profits by reducing the amount of depreciation. By cutting the flow time by 2 days, depreciation decreased by $2,400, which greatly outweighed the $200 increase in costs. At $3,940 in daily profits with option 2, RAD would see a $2,200 increase from their original amount.
In order to operate at maximum profit levels, a business must have lower operational costs than the competition. The means to satisfying lower operational costs is Supply Chain Management. Supply Chain Management is a cross-industry wide philosophy to improve operational efficiency by integrating activities of obtaining goods and services to create a product. When implementing a supply chain strategy, consideration must be given to the approach given to suppliers, metrics to measure success of the plan, risk and risk mitigation. In this paper we will discuss the best supply chain management strategy for a newly formed company called Tyson Tools. The organization plans to manufacture electric drills,
1- Derive three opportunities and three threats for GSK by first making the PESTEL analysis of the macro-environment surrounding the pharmaceutical industry. (9 points)
This case study examines the supply chain of a specific type of perishable product i.e. Human Blood and Blood Product in a Regional Blood Bank, from the point of collection as a whole blood to the point
In an effort to remain a pioneer in the worldwide business sector, ABC Company has settled on the choice to grow its supply base into China. Achieving this objective however can be an overwhelming undertaking. A global supply chain should be spry and vigorous keeping in mind the end goal to address the issues of different markets while all the while taking care of regularly evolving needs. A supply chain should be receptive to client and authoritative needs regarding items and sourcing, producing, transport, ecological and human asset relations. A worldwide extension venture involves substantially more than basically setting up shop in another nation; however fortunately there are various instruments accessible to streamline the procedure.