Reference no: EM132863423
Assignment
Template for Price Comparison for Generic Supplier
Your Pharmacy or Department Manager has decided to the review your suppliers and ask them to re-tender for your top 20 lines dispensed - the top 10 lines dispensed by volume and top 10 lines dispensed by cost. You have been given the task of deciding whether to remain with the current supplier for the product or change suppliers.
1. Complete an excel sheet showing your workings for the 20 lines using the templates provided. You must use at least 3 comparators in your data on generics data (this may include the current supplier even if it direct from wholesaler). For the branded products please look at the top 10 lines that can be sourced from alternative suppliers (these may not be the top 10 most expensive items dispensed as not all products are available as parallel imports). Please look at at least one alternative supplier to your current one for at least 8 out of the 10 products.
2. Produce a concise Purchasing Analysis Report using the template provided as a guide.
3. Describe your findings as you would to your manager/department head.
4. Discuss your decision of where to source products including a discussion about how & where factors other than cost have had an impact on your decision-making process.
Describe what you believe the next steps for procurement management in your organisation are and why.
Please note all students may substitute the data given for ‘real data' from their own pharmacy/Pharmacy Department if they wish. In this instance real data may be used but will not be shared and will be kept confidential at all times. In such cases, students will be required to submit the real data they used to make their purchasing decisions eg supplier quotes etc.
Please ensure you seek the express permission of the Pharmacy owner or Head of Department before using and submitting real data.