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

Minimum maximum technique , Minimum Maximum Technique: The minimum maxi...

Minimum Maximum Technique: The minimum maximum system is often used in connection with manual inventory control systems. The minimum quantity is established in the same way a

What are the responsibilities of cber, Question 1 List at least 6 post dru...

Question 1 List at least 6 post drug approval activities of FDA. Write brief on a) Medwatch b) AERS c) Pharmaceutical Industry surveillance Question 2 Write a note on the

Explain the purpose and relevance of a business plan, Question 1: (a) E...

Question 1: (a) Explain the purpose and relevance of a business plan within the hospitality sector. (b) Discuss the importance and role of market research within business pl

PETER, What is a business model

What is a business model

Explain sources of manpower recruitment from the company, Explain the sourc...

Explain the sources of manpower recruitment from within the company. Sources of manpower recruitment from the company: Given are the sources of manpower recruitment for any

The importance of body language, The importance of body language Any t...

The importance of body language Any two reasons described. For example: Good communication skills are important to improve the level of customer services (thereby helpi

Development of an environment management system, Question 1: (a) Briefl...

Question 1: (a) Briefly describe the Environment Impact Assessment Committee and its functions (b) What do you understand by the term 'environmental sustainability' (c) List a

Leadership and Change Management Styles, If you were Lisa Benavidez, what s...

If you were Lisa Benavidez, what suggestions would you make to Forest''s new CEO

Determine the cost of product using activity based costing, A data switch c...

A data switch company specialises in the production of switches that can be used to link several personal computers to a shared printer. The company manufactures a low-cost manuall

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