ID: 120265
International operation and supply chain management
Strengths: - BVS has assured its relative independence from its corporate parent in the US - number 2 in its field. - The hiring effort focused on scientists, and junior management. - Aggressive investment in Research; Strong and innovative R&D Department. - Intensive growth in current sales and projected sales - Dynamic, entrepreneurial, and ambitious head of purchasing department and have an international experience. - High-tech machinery, BVS most advanced on the market. - BVS sustain good relations with their supplier. Opportunities: - Forceful investments in the pharmaceutical industry, …show more content…
The following list presents ideas that can be subject of discussion in sequence to determine and shrink current corporate risk presented on the case: - Maintain an excellent relation with the duopoly LCSD and BCC chemical distributors - BVS should keep dealing and as well invest into “WildGrass NJ in order to help them to be sufficient in their production, in that way they can supply BVS as expected in lower cost. - Work with the source manufacturer of chemical materials and maybe invest with him in their own line of needs. - Decentralize decision making into departments each of wish will report to the allocated manager. - Connections between “WildGrass NJ” and BVS should be combined into single responsible; Sara should be dedicated also to link the R&D department to purchasing department. - Clarify the required tasks of each department In order to make supply chain more efficient, in that approach we can encourage regular meetings between heads of department. - Data Sharing between R&D and purchasing department can ensure a certain level of readiness and speediness concerning ordering needed materials. - Create a new IT-software that can manage internal information interconnected between R&D and Purchasing department in order to enhance the efficiency of supply chain. - Seek for new resources that can supply potential investments - Hiring new managers freshly graduated from purchasing schools, and trusted them as Sarah Managing suppliers at BVSx Successful