Supply chain management-bio-pharmaceutical manufacturing

Assignment Help Business Economics
Reference no: EM131196660

Supply chain management is one of the most important factors in the industry in which I work, bio-pharmaceutical manufacturing. For each manufacturing run, the bill of materials (BOM) can be thousands of items long which all need to be tracked from: receipt from manufacturer, quarantine, quality testing, release, issuance to the manufacturing suites, use in manufacturing, and generation of the final product. Integration of systems such as SAP into supply chain management are important in saving time and money by allowing quality, materials management, and manufacturing personnel to quickly check stock and ensure that only released materials are going into manufacturing suites for use. This ensures that the organization stays compliant with title 21 of the code of federal regulations, maintains good manufacturing practices, and provides quality materials that could end up going into humans. Errors in supply chain management can halt manufacturing and end in the loss of millions of dollars in wasted product at best and at worst cause tainted product being put into humans.

Reference no: EM131196660

Questions Cloud

In study of salary discrimination in company : In a study of salary discrimination in a company, data are collected on the monthly salary and the characteristics of the employees. A regression model is specified with monthly salary Y as the dependent variable and gender as an independent variable..
Progress of the bubonic plague of the fourteenth : 1. In approx. 200-250 words address the following: summarize the origins and the progress of the bubonic plague of the fourteenth century. Which regions were hit the hardest? Which regions were largely spared? What were the social and economic out..
What are the potential beneficial uses of derivatives : What are the advantages and disadvantages of investing in commercial real estate? What are the potential beneficial uses of derivatives? What are the potential risks?
Find the expected daily solar radiation for october : Daily total solar radiation for a certain location in Florida in October has probability density function
Supply chain management-bio-pharmaceutical manufacturing : Supply chain management is one of the most important factors in the industry in which I work, bio-pharmaceutical manufacturing. For each manufacturing run, the bill of materials (BOM) can be thousands of items long which all need to be tracked from: ..
Discuss some major reasons for hit implementation failures : One goal of EHRs is to facilitate providers' sharing of clinical information with patients to encourage patient involvement in decision-making about treatment plans. What might be some the potential advantages and disadvantages to providers and p..
How many profits to make as a function of prices : Economics 102: Macroeconomic Theory Optional Assignment. Solve for the optimal decisions of how much to consume and how much capital to leave to the next agent as a function of prices. Solve for the optimal decisions of how much capital to hire and h..
Specific individual influence : Briefly explain who this person was, their specific "individual influence" on the times, and then discuss why you made your selection. Try to think outside the box some on this one.
New child labor law : Connect Andrew Carneige's Wealth and it's Issues and Mother Jones' March of the Mill Children to a larger theme or idea. How do these two documents relate to each other? Wealth and it's Issues talks about how Carneige believes the wealth should be di..

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd