Every job and company has unique benefits and challenges. A company would not have created a position in an organization if there are no tasks to complete and deadlines to meet. This is relevant if one is either the founder of a company or employed to perform a job to help the company achieve its goals. I currently work as a Financial Services Manager and enjoy what I do and yet to make it my dream job I would consider adding additional responsibilities that would allow me to gain additional knowledge, travel and have the flexibility to work from home.
In 2001, two wholesaler distributors merged to form AmerisourceBergen Drug Company (ABDC). AmerisourceBergen later acquired a group of companies ASD HealthCare and ICS which were sister
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We remain scale to grow with the manufactures and provide innovative, compliant and cost efficient processes to ensure the patient receives the critical drugs used in all types of medical settings supported by the manufacturer. Recently through acquisitions made by AmerisourceBergen such as MWI, the largest veterinary medical products supplier, World Courier Inc, a global specialty distribution logistics provider and strategic joint ventures and partnership with Walgreens the specialty distribution has expanded into global markets. In my role, I have support the financial system integrations in Canada and Australia. We look to build upon this by developing logistical services in countries in Europe and South America.
Strengths:
ICS is one of the most widely recognized third party logistics companies in its industry. We are seamless to the end customer as we represent the manufactures. We provide emerging manufactures the necessary infrastructure and knowledge necessary to get their product into the market. With 20 plus years of experience in the market and providing world class service consultants and manufacturers rely on these qualities of ICS. The support of our parent company AmerisourceBergen has allowed ICS to make significant investments in infrastructure and human capital. Infrastructure investments such as warehouses and equipment has been instrumental in the optimization of inventory
After its establishment by Tony Romero, Western Pharmaceuticals goes through several changes including the expansion of its offering. The firm increased its offerings at the hands of Rudy while moving out of Los Angeles. Both Rudy and George ensured that the firm grew by increasing its volume of operations and even diversifying its offerings. In George’s leadership, the firm acquired Atlantic Medical to add to its already enormous size. The move proved fruitful because apart from ensuring that the firm moved into the cold remedy offerings, it provided an opportunity for the firm to use the distribution centers owned by Atlantic Medical. The move to increase the volume of operations meant that Western Pharmaceuticals needed to augment its distribution channels. The new firm, United Pharmaceuticals is presently huge with several manufacturing and distribution centers. In addition, the firm offers a choice of six products. To ensure organization and low costs of operations, the firm uses only one distribution center per state. This system would make it easier to manage every distribution. However, the case of inventory is still a problem because of lack of clear information. The firm needs to refine its inventory management system to ensure that its operations run smoothly.
Due to the large quantity of freight and the long distance that it must travel to arrive to its destination exporters and importers alike have found logistic service providers essential to engage in international trade (Rodriguez, Comtois, Slack, 2013). While some Logistics service providers focus only on the area of transportation others specialize in freight consolidation, distribution management, and warehousing (Robinson, 2014). They have enough market knowledge, information and communication systems to offer supply chain solutions tailored to the specific needs of any company be it small or large (Rodriguez, Comtois, Slack,
All retailers have a common goal in mind, and that is to make a profit. Companies earn a profit by first connecting customers with products, which can lead to an exchange of product for money. Without the ability to connect customers with products, no money exchange is possible and no profit is earned. It is, therefore, immensely important for retailers to have the right products, in the right quantities, at the right locations, and at the right time. Inventory Management Systems provide companies like L.L.Bean with the necessary information to achieve just that. L.L.Bean’s advanced inventory management system (IMS) connects customers with products, irrespective of the location of the product or the customer (Hoffsess, 2015).
The supply and management of a company have various difficulties in trying to manipulate the logistics of supply and making analysis of the whole performance of the supplying team. These issues apparently result from low surge and have had great inconveniences to stock and management. The reasons for these intensive difficulties are a result of malfunctioning of one group or department and thus disrupting the paths of supply. Prior to lack of frequency in stock-outs, poor customer response and high prices on the products of the supplying enterprise have the greatest impact then due customers. This
One of the most developed in the world logistics systems is in the Netherlands: first place in the world on water logistics and fourth - on the air. The Netherlands is the land of opportunity and innovation. A constant stream of innovative solutions and technological improvement allows you not only to effectively conduct business in the Netherlands office, but also to introduce
Over time, new healthcare reform measures were causing fundamental changes in reimbursement for services to hospitals and IDNs. Consequently, healthcare providers had to establish financial stability. This opened the door for third-party logistics providers (3PLs) to establish a strong presence in the healthcare industry. 3PLs? offered solutions to mitigate transportation and supply chain expenses that streamlined the order-to-delivery process and reduced expenses.
One of the major features of globalization has been the mergence and increased importance of third party logistics providers and support industries for shipping and transport operations. As businesses become more global in their scope and supply chains grow ever wider in scope and more globally integrated, the complexities and considerations of achieving efficient and cost-effective transport and support services grows more difficult, and most manufacturing and distribution companies outsource these services to a variety of different companies specializing in specific aspects of supply chain management and operational assistance. Achieving success as such a specialized company can be easy if the company maintains proper and accurate analyses of capabilities and environments and has appropriate internal controls, however failure to ensure these components and processes are in place can be disastrous, especially when combined with an emphasis on rampant growth.
Pfizer Consumer Healthcare Introduction Supply Chain Management Pfizer Consumer Healthcare tThe Goals: Creating a Supply Chain Replenishment Model Enhance Traceability Improve Service Level Inventory Turnover Increasing Visibility Supply-to-Order Distribution / Logistics team coordination with Company and Global Sites Supply Chain Planning coordinates with Sales & Marketing Long range Planning: Use of Mathematical Optimization Technology (Evaluate Distribution Network to Create best origin and destination routes) Procurement Team: manages Purchase of raw materials, Substances, operation supplies. Fulfillment Management System: Supply of raw materials for over 50 manufacturing sites.
Over time, new healthcare reform measures were causing fundamental changes in reimbursement for services to hospitals and IDNs. Consequently, healthcare providers had to establish financial stability. This opened the door for third-party logistics providers (3PLs) to establish a strong presence in the healthcare industry. 3PLs? offered solutions to mitigate transportation and supply chain expenses that streamlined the order-to-delivery process and reduced expenses.
(Bowersox, D.J., Closs, D.J., and Cooper, M.B. (2010). Supply Chain Logistics Management. (3rd Edition) New York, NY: McGraw-Hill/Irwin.
In order to remedy this malfunction, the company opted for higher stock levels of some materials and thus avoided production and delivery delays. Gélinas & Bigras (2004) hold that this interrelationship between the factors underlying the purchase and stocking function, heavily influenced by IS inefficiencies, are critical points which reduce the chances of logistics becoming a competitive advantage for the companies which have these characteristics, due to the fact that inconsistent exchange of information creates limitations to performance in the chain. Case study analysis of the production function makes it possible to identify three determining factors: lack of formal planning, underutilization of IS and the need to adapt to the environment. The lack of formal planning is the determining factor in the structure of production, since the inefficiency of forecasting mechanisms makes it possible for sales growth to be much higher than that expected by the
Logistiks is the world’s first Market Network for logistics, poised to make high-performing supply-chain processes available and accessible at the click of a button. On this journey enabling worldwide operational efficiency and decision making, we offer an opportunity for Franchisees to be part of the global LogiStiks network and not just make profits, but also to build a thriving business, create employment and make an impact.
CRANFIELD UNIVERSITY CRANFIELD SCHOOL OF MANAGEMENT CRANFIELD CENTRE FOR LOGISTICS & SUPPLY CHAIN MANAGEMENT MSc THESIS
This research thesis results from my Masters studies carried out at the Logistics and supply chain Department of the University of the West of Scotland, United Kingdom. It is my long term desire and great pleasure to offer my sincere thanks to all those who have contributed, in whatever way, to the completion of this work of mine.
Following the paradigm shift on the role of logistics management in the recent decades, there has been a wide recognition of this as a very important aspect a business strategy in general. However due to the numerous factors promoting complexity of logistics management companies have adopted the idea of outsourcing their logistic activities to Third Party Logistics (3PL) providers. Hence, 3PLs have taken a critical role towards supply chains of heir customers.