Pharmaceutical services industry, Business Management

Assignment Help:

Paisano Pharmacies, a fictitious business in the pharmaceutical services industry, is owned by VictorPaisano. Currently, Paisano has two pharmacieslocated in Killeen and Temple, Texas. Victor's goal had always been to open three more pharmacies in central Texas (Waco, Hillsboro, and Gatesville) and would like to achieve that within the next few years.

While their business had been very successful, Victor realizes that their business processes have not evolved to meet customer expectations or the demands of the business itself.They have experienced a decrease in customer retention from 87% to 35% in recent years and a decrease in profit of 45% due to various factors including lost prescriptions, poor customer service, out of stock medications, etc. As a result, Paisano has recognized the need for an integrated pharmacy management system which will allow them to manage all operations more efficiently. They are seeking help from a consulting firm to automate their manual business processes which are described below.

Paisano employs, at each pharmacy, two pharmacists, three pharmacy technicians, two sales associates, one pharmaceutical purchasing agent, and several assistants. Some of these positions require shift work as they are open from 8am to 8pm on most days. All purchasing agents must be licensed as a pharmacy technician and have practiced as a tech for at least 3 years. Paisano has experienced high turnover in this position. The job description for a purchasing agent includes purchasing pharmaceuticals, making payments, updating inventory levels, and recording cost and setting pricing. The purchasing of pharmaceuticals is done in bulk in order to reduce the cost per item. Below is a description of the business processes typical of each pharmacy.


Related Discussions:- Pharmaceutical services industry

Illustration based on production sectors, Production Sectors a) A = In...

Production Sectors a) A = Indonesia B = Belgium C = Czech Republic b) Indonesia Belgium Czech Republic Agricultu

Evaluating capital-expenditure, Evaluating Capital-Expenditure Proposals at...

Evaluating Capital-Expenditure Proposals at Biotechnique Chemicals In submitting a project for senior-management approval, the proposers had to identify it as belonging to one

Farm planning, iimportance of farm planning to the farmer

iimportance of farm planning to the farmer

Write short note on improving business qualities, Q. Write short note on im...

Q. Write short note on improving business qualities? Ans. One of the strategic business worth of information technology is its role in making major improvements in a company's

objectives of materials handling, Objectives of Materials Handling 1. ...

Objectives of Materials Handling 1. Reduction in Wastage of Machine  time: Proper material handling  system would  ensure  regular  supply  and distribution  of raw  material

Memo format addressed to the vp marketing, As a Sales Manager, prepare a on...

As a Sales Manager, prepare a one page report in memo format addressed to the VP Marketing, providing sales updates for a newly launched FMCG product

Explain diffusion of innovation theory, A) "Diffusion of innovation theory ...

A) "Diffusion of innovation theory is relevant to software, where software is considered as an innovation. In particular, the elements of diffusion, the innovation decision process

How is voluntary withdrawal cause of labour turnover, How is voluntary with...

How is voluntary withdrawal cause of labour turnover? Voluntary withdrawals or by the worker because of: • dislike for the current job; • good job obtainable elsewhere;

Standardization and simplification of inventories, For proper inventory c...

For proper inventory control standardization of materials and products as well as simplification of the production line is necessary standardization refers to limiting o

Canteen, whom do you thikk rajender will eat with ?why

whom do you thikk rajender will eat with ?why

Write Your Message!

Captcha
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