Pharmaceutical Operational Excellence - A suitable concept for Kenya?
Journal
Pharmaceutical Journal of Kenya
Type
journal article
Date Issued
2014-04-30
Author(s)
Abstract
The pharmaceutical environment
The global pharmaceutical industry currently faces a great upheaval that poses severe challenges to organizations of all sizes. Companies which were blessed with success until yesterday are now confronted with patent expirations, R&D pipelines running dry and considerable overcapacities. A constantly increasing competition and complexity within pharmaceutical manufacturing make pharma a tough business [1].
The current situation which pharma endures came, however, not out of the blue. Moreover, especially large research driven and generic manufacturers, working on margins´ edge, searched for and developed their own defence mechanisms to sustain in global business. One of the most promising approaches to improve a company´s situation that hit pharma agenda at the turn of the century is the relentless effort to achieve operational excellence (OPEX).
The global pharmaceutical industry currently faces a great upheaval that poses severe challenges to organizations of all sizes. Companies which were blessed with success until yesterday are now confronted with patent expirations, R&D pipelines running dry and considerable overcapacities. A constantly increasing competition and complexity within pharmaceutical manufacturing make pharma a tough business [1].
The current situation which pharma endures came, however, not out of the blue. Moreover, especially large research driven and generic manufacturers, working on margins´ edge, searched for and developed their own defence mechanisms to sustain in global business. One of the most promising approaches to improve a company´s situation that hit pharma agenda at the turn of the century is the relentless effort to achieve operational excellence (OPEX).
Language
English
Keywords
Operational Excellence
Pharmaceutical Industry
Kenya
HSG Classification
contribution to practical use / society
Refereed
No
Publisher
Space Sellers Ltd.
Publisher place
Nairobi
Volume
21
Number
4
Start page
20
End page
22
Pages
3
Subject(s)
Division(s)
Eprints ID
231337