detailed evaluation of the marketing mix of sun pharmaceutical company, the advantages & disadvantages of the 7 P's with reference to the sun pharma and a strategic evaluation of their marketing strategy compared to Dr. Reddy
detailed evaluation of the marketing mix of sun pharmaceutical company, the advantages & disadvantages of the 7 P's with reference to the sun pharma and a strategic evaluation of their marketing strategy compared to Dr. Reddy
What is the "Drugs (Prices Control) Order (DPCO)" ? The Drugs Prices Control Order, 1995 is an order issued by the Government of India under Sec. 3 of Essential Commodities Act, 1955 to regulate the prices of drugs.
1 mg is an e-commerce health care company based in Gurgaon, Haryana, India. The company was founded in 2015 by Prashant Tandon, Gaurav Agarwal and Vikas Chauhan. 1 mg operates an online marketplace for medicines, besides facilitating medical appointments and diagnostic test bookings.
For more info about Lemon Entrepreneurs visit:-
www.lemon-school.com
How Mankind grew and made it in top 5 pharma companies. Mankind Pharma is a pharmaceutical company in India based at New Delhi. The company has products in therapeutic areas ranging from unds, to gastrointestinal, cardiovascular, dermal, and erectile dysfunction medications
Herbal drugs / herbal medicines include
herbs, herbal materials, herbal preparations and
finished herbal products, that contain as active ingredients, part of plants, or other plant materials, or combinations.
Herbal medicines comprise of therapies employing plant based products.
It is an integral part of Ayurveda and some indigenous medical systems.
Herbal drugs are becoming more popular in the modern world for their application to cure variety of diseases with less toxic effects and better therapeutic effects
Approval and Application Process involved in Investigational New Drug (IND)Nipun Gupta
1. Introduction
During a new drug's early preclinical development, the sponsor's primary goal is to determine if the product is reasonably safe for initial use in humans, and if the compound exhibits pharmacological activity that justifies commercial development. When a product is identified as a viable candidate for further development, the sponsor then focuses on collecting the data and information necessary to establish that the product will not expose humans to unreasonable risks when used in limited, early-stage clinical studies.
2. Drug development team
3. Investigational new drug application (INDA)
4. Format and content of IND
5. Preclinical testing
6. The development process IND
application and safety
7. Clinical research
8. New drug application
9. Abbreviated new drug application
10. Changes to an approved NDA or ANDA
11. Difference between NDA and ANDA
What is the "Drugs (Prices Control) Order (DPCO)" ? The Drugs Prices Control Order, 1995 is an order issued by the Government of India under Sec. 3 of Essential Commodities Act, 1955 to regulate the prices of drugs.
1 mg is an e-commerce health care company based in Gurgaon, Haryana, India. The company was founded in 2015 by Prashant Tandon, Gaurav Agarwal and Vikas Chauhan. 1 mg operates an online marketplace for medicines, besides facilitating medical appointments and diagnostic test bookings.
For more info about Lemon Entrepreneurs visit:-
www.lemon-school.com
How Mankind grew and made it in top 5 pharma companies. Mankind Pharma is a pharmaceutical company in India based at New Delhi. The company has products in therapeutic areas ranging from unds, to gastrointestinal, cardiovascular, dermal, and erectile dysfunction medications
Herbal drugs / herbal medicines include
herbs, herbal materials, herbal preparations and
finished herbal products, that contain as active ingredients, part of plants, or other plant materials, or combinations.
Herbal medicines comprise of therapies employing plant based products.
It is an integral part of Ayurveda and some indigenous medical systems.
Herbal drugs are becoming more popular in the modern world for their application to cure variety of diseases with less toxic effects and better therapeutic effects
Approval and Application Process involved in Investigational New Drug (IND)Nipun Gupta
1. Introduction
During a new drug's early preclinical development, the sponsor's primary goal is to determine if the product is reasonably safe for initial use in humans, and if the compound exhibits pharmacological activity that justifies commercial development. When a product is identified as a viable candidate for further development, the sponsor then focuses on collecting the data and information necessary to establish that the product will not expose humans to unreasonable risks when used in limited, early-stage clinical studies.
2. Drug development team
3. Investigational new drug application (INDA)
4. Format and content of IND
5. Preclinical testing
6. The development process IND
application and safety
7. Clinical research
8. New drug application
9. Abbreviated new drug application
10. Changes to an approved NDA or ANDA
11. Difference between NDA and ANDA
Increasingly complex experiences have forced new collaboration patterns to arise in the world of creative design and development. This discussion breaks down designers’ historical resistance to working with limitations, and contrasts it with technologists’ tendency toward impatience with unconstrained ideation. Ultimately we will reveal how this pairing of constraints with creativity reverses this friction and leads to more targeted exploration. It is only by knowing the boundaries, that the creative collective can push them.
Strategic Plan Part 3 Balanced Scorecard and Communicat.docxflorriezhamphrey3065
Strategic Plan Part 3: Balanced Scorecard and Communication Plan
Jon Thompson
BUS/475
November 21, 2016
Michael Portillo
Running head: STRATEGIC PLAN PART 3: Balanced Scorecard and Communication Plan
1
STRATEGIC PLAN PART 3: Balanced Scorecard and Communication Plan
2
Balanced Scorecard
Customer Satisfaction
Financial Constraint
Communication
Centre
Employees
Organization’s Prosperity
Management
Impacts of the Balanced Scorecard on the Stakeholders and the Communication Plan
Stakeholders-the stakeholders’ portfolios are very safe because there is accountability which starts from the employees to the management. It is the responsibility of the organization to see that the deliveries reach the destination safe and secure from any damage or theft.
Communication Plan-the balanced scorecard makes the communication plan to be efficient and objective-oriented. Because all the stakeholders have the notion that the communication management system is integrated so that the system tracks deliveries and the transport system has twenty-four-hour monitoring.
Identify key trends, assumptions, and risks in the context of your final business model
Key Trends-the transport system in the United States of America has had the number of drivers reducing at an alarming rate which shows that the business of shipment is getting wider and broader challenges each year. Secondly, the GDP of the organization is not bad because it is increasing annually.
Assumptions-there is an assumption that goods in transit are exposed to all types of risks, and therefore the company needs to have an integrated communication plan to monitor the deliveries and track the transport and supply chain management.
Risks-first of all there is a significant risk in the future of fewer drivers willing to take up jobs because the number is reducing quickly. The risk is associated with drivers who demand increased salaries due to the higher demand for drivers in the market. Furthermore, there is a danger of slowed down economies in which case the organization is going to experience moderate financial gains and dividend payment to the stockholders.
Strategic Objectives regarding Shareholder Value Perspective
Market Share- The business should fight hard and smart to get its market share because the market is full of parameters and investors with different motives in which case the increased market share increases dividend payment for the shareholder. This strategy can be achievable through online presence which will increase orders and sales thereof.
Revenues and Costs- The organization should balance the Revenues and Costs so that at the very end, the budgeted operations of the organization can earn mass income. Thus, the organization has a mandate to reducing the cost of transportation and increasing revenue through the incorporation of technology and market modalities which can bring that change.
Profitability-the profitability ratios need to be improved by the or.
A Study on Formulation of Costing SystemProjects Kart
A Study on Formulation of Costing System. Modern business needs frequent cost information about business activities to plan accurately for the future, to control business results and to make a proper appraisal of the performance of persons working in the organization. The fulfillment of these goals requires details about the costs incurred and benefits (revenues) obtained which are provided by “cost accounting”.
Financial accounting is developed over the time to record, summarize and present the financial transactions or events, which can be expressed in terms of money. This function was primarily concerned with record-keeping leading to preparation of Profit and Loss Account and Balance Sheet. The information obtained through financial accounts is useful to the shareholders, creditors, financial analysts, labour union, government authorities etc. However, the information generated by financial accountancy for several purposes is not sufficient for decision making in many areas.
Marketing Principles Sample Assignment - Assignment Prime AustraliaAdam Jackson
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Strategic Plan Part 3
By: Christopher Gilbert
BUS/475
Instructor: Dr. Steve Verrone
June 20, 2016
STRATEGIC PLAN PART 3
STRATEGIC PLAN PART 3
1
STRATEGIC OBJECTIVES SUMMARY (BALANCED SCORECARD).
STRATEGY
GOAL- What we want to accomplish
OBJECTIVES- How we are going to accomplish the goal
MEASURE
TARGET
SHAREHOLDER VALUE OR FINANCIAL PERSPECTIVE
Ensure financial benefits are maximized through smart and transparent financial systems.
Allocate budget to support business goals and objectives.
Provide investors with value- relevant information.
Increase market share which will improve our competitive position which will lead to sustainable profitability.
Stay relevant through innovation, respond to customers fast enough and use their ideas, buy off competitors and increase flexibility in operations.
Percentage of total market in the business printing sector
70%
Demonstrate cost savings in the organization as a result of business processes being streamlined.
Use process value analysis on all change initiatives in the organization.
Percentage of change initiatives that produced cost savings in the organization.
75%
PROCESS OR INTERNAL OPERATIONS PERSPECTIVE
Implement strategies to maximize resources and infrastructure present in Neon Software, Inc.’s facilities.
Make use of creativity and innovation in order to improve internal processes and keeps the business progressing.
Ensure high utilization of company facilities.
Improve process delivery
Create business project management process
The process is implemented in full.
PASS/ FAIL
Ensure effective implementation of initiatives
Initiative delivered project goals
Percentage of goals met
90%
Initiative delivered on time
Percentage of initiatives delivered on time
90%
Initiative delivered on budget
Percentage of initiatives delivered on budget
90%
CUSTOMER VALUE PERSPECTIVE
Maximize customer collaboration in order to identify and understand customer needs and expectations.
Deliver timely, accurate, and high-quality services and products to increase value and achieve customer satisfaction.
Products offered by Neon Software, Inc. to be affordable with the firm acting as a market leader.
Identify customer needs and inefficiencies and implement relevant solutions.
Map existing business processes
Number of business processes mapped
4
Facilitate the management of change in the company.
Change management plan implemented
PASS/ FAIL
Build effective customer relationships
Increase customer contacts
Number of new customer contacts per week
4
Learn and apply communication techniques
Number of feedback sessions
2 per person
LEARNING AND GROWTH (EMPLOYEE) PERSPECTIVE
Promote a culture and working environment that embraces growth and development.
Meet the needs of each of our employees which will more often than not result in employee engagement and employee satisfaction in general.
Ensure that employees are compensated sufficiently which will help with retention.
2. OBJECTIVES OF THE STUDY
• To understand the organization structure or hierarchy of the
company
• To understand working of the various departments
• To know the functions and responsibilities of each
department.
3. PHARMACEUTICAL INDUSTRY
The pharmaceutical industry is the part of the healthcare
sector that deals with medications.
The first Indian pharmaceutical company, Bengal Chemicals
started in Calcutta in 1930.
Major global pharmaceutical industries
Novartis
Pfizer
Amgen
Novo Nordisk
Sanofi
4. INDIAN PHARMACEUTICAL INDUSTRY
The Indian pharmaceuticals market is the third largest in
terms of volume
The government started to encourage the growth of drug
manufacturing by Indian companies in the early 1960s
An important characteristic of the Indian pharmaceutical
market as the industry is highly fragmented.
(Source: www.simpleinterest.in )
5. COMPANY PROFILE
• NAME : CIPLA
• YEAR OF ESTABLISHED : 1935
• FOUNDER : Dr KA HAMID
• CEO : Subhanu Saxena
• INDUSTRY : PHARMACEUTICAL
• HEADQUARTERS : MUMBAI
• NUMBER OF EMPLOYEES : 20000
6. HIGHLIGHT OF CIPLA’S DEVICES
• The widest range of Dry powder inhaler devices
• Nasal Sprays
• Multi dose dry powder inhaler
• Baby mask and infant mask
• Zerostat and Zerostat VT
7. MAJOR AWARDS RECEIVED
• In 1980 Cipla won Chemixcil award for excellence for
exports.
• In 2005 Forbes included Cipla in the 200 best under
a billion list of best small Asian Company.
• In 2006 won Dun & Broad street American Express
corporate Award .
• In 2012 Cipla received the Thomson Reuters India
Inovation Award.
8.
9. ORGANISATIONAL STRUCTURE
BOARD OF DIRECTORS
MANAGING DIRECTORS
DEPUTY MANAGING
DIRECTORS
R &D
MANAGER
Q.C
MANAGER
FINANCIAL
MANAGER
MARKETING
MANAGER
HR
MANAGER
PLANT
MANAGER
QA
MANAGE
R
PROGRAM
MING
MANAGER
PRODUCT
ION
MANAGE
R
ENGINEERIN
G DPT
MANAGER
10. HUMAN RESOURCES
Human Resource Management involves everything related to
the employer-employee relationship and is about supporting
and managing the organisation’s people and associated
processes.
It’s seen as a core business function essential to the
organisation’s effective operation.
Cipla’s HR department has divided into 4 parts
TIME OFFICE
RECRUITMENT
PAYROLL
TRAINING AND DEVELOPMENT
11. FINANCE DEPARTMENT
The part of an organization that manages its money.
The finance department is also responsible for management of the
organization’s cash flow
The finance department is responsible for advising and sourcing
longer term financing.
Financing may be obtained though bank or private lender debt or,
in applicable firms, share issues to private investors
The business functions of a finance department typically include
planning, organizing, auditing, accounting and controlling its
company's finances.
12. MARKETING DEPARTMENT
Responsibility for growing revenue, increasing market share
and contributing to company growth and profitability.
include a marketing director or manager plus marketing
executives responsible for functions such as advertising,
publications or events.
The marketing department works with Internal or external
product development
Marketing departments plan campaigns and develop
communications material to promote products and services to
customers and prospects
13. PRODUCTION DEPARTMENT
Production is the functional area responsible for turning
inputs into finished outputs through a series of production
processes.
Engages in the manufacturing or production of goods for the
business organization.
The Production Manager is responsible for making sure that
raw materials are provided and made into finished goods
effectively.
Other workers in this department include technicians,
engineers, designers, machine operators etc
15. QUALITY CONTROL DEPARTMENT
Quality control emphasizes testing of products to uncover
defects and reporting to management
The quality manual gives the quality guidance to different
departments and functions
everyone in the organization needs to be aware of his or her
responsibilities mentioned in the quality manual.
17. QUALITY ASSURANCE
A broad practice used for assuring the quality of products or
services.
Way of preventing mistakes or defects in manufactured products
and avoiding problems when delivering solutions or services to
customers
uses a number of tools for enhancing the quality practices
tools vary from simple techniques to sophisticated software
systems.
quality assurance teams of organizations constantly work to
enhance the existing quality of products and services
18. SWOT ANALYSIS
STRENGTH
Developed good positive image by providing support to
cancer patients by issuing drugs at low cost .
3rd position in Indian market
A foremost player in anti-infective and anti-asthmatic
formulations
Has a strong employee force of over20000
Skilled workforce
19. High profitability and revenue
High growth rate
Experienced business unit
WEEKNESS
High dependence of few key products
Work load is high and employee turn over is also high
20. OPPORTUNITIES
It can venture into many disease medication
They can use Viramune generic to achieve higher growth
Growing demand
New therapy approaches
Growing income and growing attention to health
21. THREATS
High cost of discovery new products and few discoveries.
prices of medicines rises.
The government companies provide free medicines
High competitions
23. 1. TO ACCESS THE WEB SMART SYSTEM
It is a software through which the time office set work.
It plays an important role in the time office.
It maintains, monitored and update the attendance
It has a right to login to web smart by using location, user ID
and password
MASTER
Add new joiners in the system
Go to employee option- click add – enter the details
24. LEAVE SANCTION
Leaves of the employees enter through the options.
By using their codes shows the opening balance of the
leaves, number of leaves used, current balance of the leaves
etc.
For cancellation
employee code – click on sanction – click cancel
TIME SANCTION
To update in and out time, week off, holidays, shift of the
employees by putting their employee codes
25. DATA UTILITIES
Data processing is done to know the attendance of the
employees where an employee is present or absent, whether
he is on leave, week off etc.
click on web smart – log in by using location, user name and
password – data utilities – change date – select all – process.
REPORT
In report option to generate various reports such as present,
absent, irregular, continuous absenteeism, late, early.
26. 2. DOWNLOADING THE LOGS FROM BIOMETRIC
MACHINES
A biometric machines are installed every location is sufficient
numbers.
The attendance of all employees is maintained a monitored
by using this machine.
For downloading logs
Click on smart FP software- admin- select all- connect-
download logs- ok.
3. UPLOADING FINGER PRINTS ON THE ATTENDANCE
SYSTEM
To do this we have to click on admin – select machine
of the employee finger print is registered and do
connect- click on upload finger print.
27. 4. TRANSFERRING THE FINGER PRINTS FROM ONE
MACHINE TO OTHER MACHINE
To transfer click on admin – do connect- download user-
connect the machine where we want to transfer the finger
prints- click on upload finger prints- put registered machine
code- show download user- out employee code and click on
find.
Then select employee code and IP address of connected
machine-and click on upload, then again connect the same
machine and put employee code- click on download template.
5. ACCESS CMS SYSTEM
It meant for contract employees.
In the system all the contract employees attendance is
maintained and monitored.
28. To add new employee in the system along with their
contractors- click on master- add all details employee then
save.
Downloading the logs: To download logs- go to the process-
smart FP- download logs
6. CALCULATING THE LTA
LTA means Leave Travel Allowance,
It is basically defined as the cost of travel granted to the
employees to travel anywhere in India, while on leave from
work.
The amount of exemption depends upon the mode of travel
and it is allowed only towards the travel fare and not for
boarding and lodging
29. LTA PROCESS
GEBNERATE LTA
REPORT FROM
WEB SMART
PREPARE LIST OF
SANCTION LTA
RECEIVE LIST OF
LAST MONTH
INCREMENTS
FROM HOD
TAKE BACK a/c
NUMBER & CROSS
VERIFY IT WITH
SALARY
REGISRTER
CALCULATION OF LTA
CHECK LAST LTA&
LATEST
INCREMENT
DETAILS
PREPARE LTA LIST
SEND TO FINANCE
DEPATMENT
FILE THE DETAILS
OF THE
EMPLOYEES
30. TIME OFFICE PROCESS
ON THE FIRST DAY OF JOINING
DO FINGER IMPRESSION AND
REGISTRATION
ALLOT LOGIN ID & PASSWORD OF
ATTENDENCE SYSTEM TO NEW JOINERS
ADD NEW DETAILS OF NEW JOINERS
31. IN DAILY BASIS
DOWNLOAD DATA THROUGH SMART FP &
DOWNLOAD IN TO THE EXCEL
PROCESS DATA THROUGH DATA PROCESS
GENERATE DAILY IRREGULAR REPORT
32. CONCLUSION
• The organization study provided useful insight about the
company and its functioning
• The activities of all departments are functioning at the
impressive standards for achieving the Organizational
objectives
• Flexibility, work culture and the management approach
towards the employees are the main factor which drives
satisfaction to each of the employees at Cipla Limited