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

Determine the strengths and limitations of theories, QUESTION 1 Discuss...

QUESTION 1 Discuss some of the assumptions that underlie the construction of various types of communication theories. QUESTION 2 What are the rationale and foundational

Disposal of rejected product, The product which is rejected in final ins...

The product which is rejected in final inspection represents a direct loss to the manufacturer. Therefore most companies have a system of review of the rejected product. This

Evaluate three business strategies of contradiction, Ian Davis took over th...

Ian Davis took over the position of MD at McKinsey & Company in 2003. He has numerous opinions from in-house colleagues about future directions of the firm. But as the textbook (Tr

Leaders, What are the characteristics of leaders who derailed (failed to pe...

What are the characteristics of leaders who derailed (failed to perform successfully) and were either dismissed, transferred, opted for early retirement, or simply plateaued with n

Explain the different roles that managers must play, QUESTION Managers ...

QUESTION Managers are directly responsible for the success or failure of any organization. Their main responsibility is to help the organization to achieve its objectives in an

Research on environmental attitudes, Research on environmental attitudes in...

Research on environmental attitudes in the context of nature-based tourism and ecotourism in particular have emerged as an interesting topic among tourism researchers in recent yea

Evaluate the companys approach to innovation management, Select a company o...

Select a company of your choice. You are to analyse, evaluate and critique the company's approach to Innovation Management. Identify who the key player/s is/are? Comment on the ty

What are the features of pure capitalism, Q. What are the features of pure ...

Q. What are the features of pure capitalism? 1. The capitalist system is also called free enterprise economy and market economy. 2. Private ownership. 3. No government interfer

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