The Supply Chain Management (SCM) of pharmaceutical products deserves high priority as it is related to the life and death of men and animals around the world. SCM includes forecasting and planning, purchasing and procurement, logistics, operations, inventory management, transportation, warehousing, distribution, customer service etc. However, it is difficult to find a standard model of SCM operating in the business community particularly in the pharmaceutical sector. This paper attempts to investigate retailers’ attitude towards Pharmaceutical SCM of Eskayef Bangladesh Ltd. Descriptive Statistics and Factor Analysis method have been employed here to investigate the attitudes of the retailers of this leading pharmaceutical company in Bangladesh. The study findings confirm that ‘Eskayef Bangladesh Limited’ has an effective supply SCM strategy even though there is still room for improvement. ‘Eskayef Bangladesh Limited’ produces some of the medicines locally from an ultra modern factory plant in Tongi and distributes them through its own wholesales and other members ofthe pharmaceutical distribution chain to make sure accessibility of good quality and efficacious medicines at affordable prices.
Index terms: Pharmaceutical Supply Chain Management, Customer Relationship Management, Customer Service Management, Demand Management, Point-of–Consumption.
JEL Classification: I11, L81, M31, P46
The purpose of this article is to contribute to a better understanding of the role of information in the process of strategy formulation, based on the aggregation of existing literature. Is a descriptive research, with the goal of identifying and characterizing the role of information in strategic decision making.
The structure of the article synthesizes the existing academic work, seeking to generate new knowledge. The strategy of any organization can be defined from the outside to the inside, according to the schools of the positioning, or from the inside out, according to the schools of the movement, in which the organization influences the surroundings with its offer of products and or innovative services, since it has competencies and capabilities that competitors do not have and that are difficult to imitate or to buy.
Hence the importance that weak and strong signals play as information of anticipation in the definition of the strategy and so, our goal is to treat the issue of the role of information in the process of formulation of the strategy in the context of strategic decision making. Based on research and practical experiences carried out by the investigator in strategic consulting in small, medium and large companies for about 20 years, we will propose a model of the role of information in the process of formulating the strategy and its operationalization.
Keywords: information science, Signs; information, strategy; imperfections of information.
Investment decisions are very critical and are of major importance to the investors because they involve the risk of loss of money. These investment decisions are made by the investors by using the financial information presented by the financial reports of the companies they are interested to invest in. So the quality of financial reporting has to be up to the mark so that the investors can make fruitful investment decisions. The major objective of this report was to find out the significant effect of financial reporting and the importance of ratio analysis on the investors’ decision making and also to find out the importance of implementing internal control to improve the quality of financial reporting. The data were collected from primary sources through questionnaire and personal interview method. The major findings of the study involved the investors’ perspective towards the importance of the quality of financial reporting and ratio analysis while they make investment decisions and also how the investors believe that the implementation of Internal Control over Financial Reporting will improve the quality of financial reporting and make the financial information more reliable to them when they make investment decisions.
Keywords: Investment Decisions, Financial Reporting, Ratio Analysis, ICFR.
This study aims in studying impact of inventory management practices on operational performance of Bangladesh RMG sector. It examines the inventory system that is being followed in this sector critically. Data was collected through structured questionnaire from representative respondents. Different constructs for the conceptual framework has been adopted from prior literature. A mixed method research approach has been employed. Both descriptive and inferential statistics were used in analyzing the data so collected for answering the research questions. The study shows a positive relationship between selected inventory management practices with selected operational performance metrics with different degree which is consistent with previous literature.
Keywords: Inventory management, Effectiveness, Performance, Garments.
Total Productive Maintenance (TPM) is a system that boosts the efficiency of machine & tools used in the production process.TPM is not just a preventive support program rather a holistic system following well thought out and orchestrated maintenance schedule.The study aims at finding relationship between TPM practices and operational performance of Bangladesh Footwear industry and suggests for a positive relationship. Byactualizing TPM, organizations promotes a Condition Based Maintenance (CBM) adequately. The operation flow is optimized by reducing several non-value-added activities and time such as bottlenecking, machine breakdown, queue time, waiting time, material handling time, etc. Eventually, this study will be useful in understanding the current situation of footwear industries about the degree of adopting TPM practices and evaluate TPM’s effect on operational performance.
Keywords: OEE; TPM; Lead time; CBM; Technology assessment; queue time.