Managing Operational Plan for Assure Pharmaceutical Company
Verified
Added on  2023/06/12
|7
|614
|212
AI Summary
This presentation outlines the operational plan for Assure Pharmaceutical Company's new branch in New South Wales, Australia. It includes key result areas, targets, KPIs, strategies, timeline, critical success factors, consultative stakeholders, document resources required, and budget estimate.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
MANAGE OPERATIONAL PLAN
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION •Assure Pharmaceutical Company is planning to open its new operational branch at New South Wales, Australia. •The pharmaceutical company uses a unique approach for manufacturing drugs, which helps in treating the diseases affecting the individuals’ central nervous system. •Themission statementof the company is to improve the patients’ lives by developing and manufacturing innovative treatments, which address unmet medical needs of neurological as well as related disorders of central nervous system. •Thevision statementof the Assure Pharmaceutical Company is to dedicate themselves into researching, developing and commercializing more and more innovative proprietary active pharmaceutical ingredients for managing cardio metabolic disorders. •Theirpolicies and proceduresinvolve in discovering and developing antibiotics for treating the patients from life-threatening diseases as well as bacterial infections.
OPERATIONAL PLAN Key Result Areas(KRAs)&Targets(SMART) •To increase the sales by ten percent by the first week of July and expand the services including distribution. •To purchase additional tools and equipments required by every store like printers, Xerox machines in order to increase the sales. •To increase the delivery capacities by acquisition processes and delivery vans for increased sales. KPIs •Service sales increased by ten percent by the first week of July •Printers and Xerox machines are being installed by the second week of July. •Delivery vans to be increased by the third week of July. Strategies •Developing the plan and implementing the services to increase their sales at the stores. •To obtain quotations from the suppliers as well as purchasing additional printers and Xerox machines. •To discuss with the suppliers and purchase the delivery vans.
OPERATIONAL PLAN (CONTD.) Timeline •7thJuly 2018 •15thJuly 2018 •25thJuly 2018 Critical Success Factors •Creating successful relationships with the suppliers. •Secure financing for the new expansion. •Extension of the store’s space to accommodate new products as well as customers. Consultative Stakeholders •Store Manager, Organizational leader, manager, medical representatives. Document Resources Required •In twenty five stores of Australia. Budget Estimate •200 Australian Dollars •600 Australian Dollars •30,000 Australian Dollars
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
ORGANIZATIONAL POLICIES •The organizational policies and procedures of Assure Pharmaceutical Company for the acquisition activity suggest a model, which as three particular stages; pre-combination, combination and lastly, solidification and advancement. •These stages encompass the larger business functions like strategy, marketing, finance, Information Technology, distribution and manufacturing. •Furthermore, it is immensely important to provide focus and detail for the human resource managers’ issues with acquisition activities. •The human resource manager needs to discuss the possible advantages of the company with its employees.
BIBLIOGRAPHY •Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015.Marketing: an introduction. Pearson Education. •Butler, R. and Wilson, D.C., 2015. Managing voluntary and non-profit organizations: Strategy and structure. Routledge. •Cascio, W., 2018.Managing human resources. McGraw-Hill Education. •Clegg, S.R., Kornberger, M. and Pitsis, T., 2015. Managing and organizations: An introduction to theory and practice. Sage. •Coombs, W.T., 2014. Ongoing crisis communication: Planning, managing, and responding. Sage Publications.