The document proposes strategies for Medical Technologies Corporation (MTC) to improve its supply chain and reduce costs in response to the 2.3% ACA excise tax. It recommends bringing sterilization in-house to gain control and efficiency. It also suggests exploring long-term agreements with third-party logistics providers to enhance supply chain management. Additional proposals include adopting forecasting methods and phasing out trunk stock to improve inventory management, and redirecting sales representatives to focus on building customer relationships. The strategies aim to cut costs in order to offset the financial impact of the new excise tax.
Patient Driven Groupings Model (PDGM) represents a major
shift in wound management.
HHA (Home Health Agency) Owners/Operators can benefit from the high case-mix weightings within the new Clinical Groupings
Patient Driven Groupings Model (PDGM) represents a major
shift in wound management.
HHA (Home Health Agency) Owners/Operators can benefit from the high case-mix weightings within the new Clinical Groupings
The 12 Fundamental Best Practices of Supply Chain ManagementIntalere
This article highlights the fundamental best practices of healthcare supply chain management. Intalere assists our customers in managing their entire non-labor spend, providing innovative technologies, products and services, and leveraging the best practices of a provider-led model.
The opportunities for the Indian pharmaceutical industry are immense but increasing competition, increasing regulatory pressures and stringent price control means that companies need to constantly improve their costs and service levels. Supply chain efficiencies will play a crucial role going forward and will become the key differentiator for companies. Companies will therefore need to adopt an approach that encompasses strategic, tactical and operational interventions to remain competitive and create value for their customers
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Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
The 12 Fundamental Best Practices of Supply Chain ManagementIntalere
This article highlights the fundamental best practices of healthcare supply chain management. Intalere assists our customers in managing their entire non-labor spend, providing innovative technologies, products and services, and leveraging the best practices of a provider-led model.
The opportunities for the Indian pharmaceutical industry are immense but increasing competition, increasing regulatory pressures and stringent price control means that companies need to constantly improve their costs and service levels. Supply chain efficiencies will play a crucial role going forward and will become the key differentiator for companies. Companies will therefore need to adopt an approach that encompasses strategic, tactical and operational interventions to remain competitive and create value for their customers
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
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Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
2. INTRODUCTION:
MTC, a prominent surgical device
manufacturer located in Pennsylvania,
finds itself facing a significant industry
challenge with the implementation of
Excise Tax 2 3. This development
demands our immediate attention.
In response to this critical issue, we
will present a comprehensive proposal
informed by principles gleaned from
the Supply Chain Management
Specialization offered by Rutgers
University and Coursera, with a
particular focus on LOPS (Last One
Percent Savings) and other key
concepts.
3. Objective
Develop a cost-saving strategy
aimed at either reducing SG&A
expenses or cutting the total cost
of goods sold to effectively offset
the impact of the 2.3% ACA
Medical Device Excise Tax.
Areas of improvement:
Logistics Operations Planning
Sourcing
4. Logistics and Operations
The sterilization process holds paramount importance, but
the current duration of 5 days, managed by an external
entity, presents significant inefficiencies. Building internal
capabilities offers a solution that can trim both time and
expenses by eliminating unnecessary product transfers. To
eliminate wasteful practices, MTC should seriously consider
the prospect of in-house sterilization. While this may entail a
development period, it promises improved efficiency,
shorter lead times, and reduced transportation costs in the
long run.
The current supply chain revolves around distributors,
limiting visibility and control for MTC. Transitioning to Third-
Party Logistics (3PL) providers offers the opportunity to
regain full oversight of processes, from production to
customer delivery. Furthermore, 3PLs can double as
distribution centers, streamlining inventory management.
Implementing 3PLs brings substantial benefits, including
enhanced tracking capabilities, especially when applied to
sterilization and every stage of distribution.
The current inventory system is outdated, costly, and fails to meet customer demands
effectively. MTC's routine use of trunk stock, though common, should be phased out due
to its heightened inventory expenses and the risks tied to sales reps handling and
overseeing inventory.
To streamline operations and improve efficiency, the adoption of Kanban and Just-In-
Time (JIT) methodologies is essential. Simplifying processes through these approaches
will enable MTC to better align with customer needs while reducing unnecessary
inventory burdens and associated costs.
The cost of sales is undeniably high, primarily driven by the commissions paid to our
sales representatives. It's imperative to conduct a thorough analysis, considering
alternatives like a fixed salary structure or a hybrid model that provides incentives to
the sales team while safeguarding MTC's financial performance.
Additionally, there's a need to redefine job descriptions, as sales reps should not be
burdened with tasks like inventory management. The primary focus should be on
cultivating strong customer relationships to enhance our market position and service
quality.
5. Planning
Proposal:
Replace the existing manufacturing system, which relies
on predetermined production quantities, with a seasonal
naive forecast approach.
Expected Outcome:
This shift is anticipated to lead to cost reductions by
eliminating unnecessary production runs.
Risk:
The main risk associated with this change is potential
resistance from hospital stakeholders who may not be
familiar with the concept of lean inventory. To mitigate
this risk, the implementation of smart kiosks within
hospitals can be introduced. These kiosks will display the
availability of safety stock when needed, reassuring
hospital parties of product availability and contributing to
a smoother transition to the new system.
6. Sourcing
Proposal:
Initiate strategic partnerships with hospitals and Group
Purchasing Organizations (GPOs), fostering mutually
beneficial relationships based on top-tier service and long-
term advantages.
Expected Outcomes:
The potential for early revenue planning.
The opportunity to secure long-term contracts with
substantial product volumes.
Risk:
The primary risk associated with this approach is the initially
high costs for hospitals and GPOs. However, the advantages
for these partners over the long term include early access to
new technologies and educational workshops on their
utilization. These benefits are designed to cater to physicians'
needs regarding surgical kits, ultimately creating a win-win
scenario in the long run.
7. Executive
Summary
IN-HOUSE STERILIZATION:
CONSIDER BRINGING THE
STERILIZATION PROCESS IN-
HOUSE FOR GREATER
CONTROL AND EFFICIENCY.
THIRD-PARTY LOGISTICS
(3PL): EXPLORE LONG-TERM
AGREEMENTS WITH 3PL
PROVIDERS TO ENHANCE
SUPPLY CHAIN
MANAGEMENT.
TECHNOLOGY
INTEGRATION: IMPLEMENT
CUTTING-EDGE
TECHNOLOGIES LIKE SMART
KIOSKS, 3D PRINTING, AND
RFID FOR PROCESS
IMPROVEMENT.
INVENTORY MANAGEMENT:
ENHANCE INVENTORY
CONTROL BY ADOPTING
BETTER FORECASTING
METHODS AND PHASING
OUT TRUNK STOCK.
SALES REP FOCUS:
REDIRECT THE EFFORTS OF
MTC'S SALES
REPRESENTATIVES TOWARD
BUILDING CUSTOMER
RELATIONSHIPS AND
BOOSTING SALES.