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

Explain the functions of the financial services commission, QUESTION (a...

QUESTION (a) Mr. Bob is the director of ABC Co. Ltd, a shoe making company. Mr. Bob wants to change the business activities of the company to carry out leasing activities. He s

Develop a complete remuneration plan, Most people do not have any comprehen...

Most people do not have any comprehension of the magnitude of the total costs to the firm resulting from a new hire. This assignment will provide the student with an understanding

Buffer inventories, Buffer inventories are held to protect against the unc...

Buffer inventories are held to protect against the uncertainties of demand and supply. An organizationgenerally knows the average demand for various items that it needs. How

Differentiate between tall and flat organizations, QUESTION (a) (i)...

QUESTION (a) (i) What is information overload? Illustrate your answer through a practical example. (ii) How could each of the factors below contribute to information ove

Discuss about the term marketing briefly, Discuss about the term marketing ...

Discuss about the term marketing briefly. Marketing: All organisations are engaged within producing products or services meant for employ/consumption through people at huge.

Effective recommendation letter, QUESTION a) After five years of work i...

QUESTION a) After five years of work in the human resources department at XYZ Co Ltd, you were laid off in a round of cost cutting moves that broke through the financial indust

Illustration based on lenovo, Lenovo a) Causes could include: P...

Lenovo a) Causes could include: Provides a focal point for its staff Can be used to calculate the performance of the business Informs premeditated planning

Corporate political activity, Corporate political activity is normally unde...

Corporate political activity is normally undertaken in order to   Secure policy preferences.

Operation of online analytical processing, Compare and contrast the goal, r...

Compare and contrast the goal, role, and operation of Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP) tools in the context of Business Intelligence ini

Companywide involvement, Autonomous maintenance by operators. Small group ...

Autonomous maintenance by operators. Small group activities by R& D engineering, manufacturing logistics marketing and such various departments at all levels companywide ( co

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