SG7001 Managing Strategy Operation and Partnership
SOTHEMA
| Vision & purpose | Sothema, the pharma company are vision to encourage their Senegalese pharmaceutical industry in Dakar by becoming a responsible industry that provides easy access to medicines to African population. Main purpose of the company is to use highly developed technologies in their international laboratories to manage their 33 foreign clients. | ||
| Quality | Evaluation | Description & Justification | Implications |
| Volume
|
High
|
Volume components refer that how much production Sothema can make in their workplace that helps the company to meet customer demand in this competitive market. After analyzing the parameter an individual, identify how different physical number of unit Sothemia can build in their production house. Volume id the tools that shows how much buyers confident about their purchasing price, products, service patterns and more.
Sothema pharma manufacture 60 million different units every year. |
After maintaining lots of different units, the company maintain security of each employees to reduce risk in their production house. Sothema is one of the leading pharmaceutical companies in Morocco Africa with a strong international footprint. After implementing healthy environment, the company can adapt effective security culture in their organization. Market investigation found that by increasing production units the company still ongoing their business in European laboratories. |
| Variety
|
High
|
Variety is all about diversity while a company want to sell any products or service to their customers. This pharmaceutical company produce 300 products for their customers that help the organization to increase its annual sales and profits in the African market. After increasing product variety of Sothema, it increases their annual sales 15% by managing 35 different laboratories. | Sothema has 6 specialized production units and 300 products in international market that has 57,000 m2 that consists of 5 production units. Main popular service unit of the company is Oncology, Dental, Endocrinology, Allergology, Gynaecology and more. The company sale 404 different products in 30 distinct categories that make customers life easier. |
| Variation
|
Moderate
|
After analyzing the product variation, project manager of the company can change market demand over time based on its internal and external factors. Most of the time it seems that product variation takes lots of experience of project managers to mitigate the market gaps. | Many times it identified that business process of the Pharma company do not exist as singular entities that need to manage collectively. During the outbreak of Covid 19 pandemic, it seems that Sothema become concentrate to manufacture Sinopharm vaccine. |
| Visibility
|
Low
|
Most of the time, it seems that the service industry deals with high range visibility than any manufacturing industries. There is no visibility of product because medicine made in Sothema’s production. | Sothema company provide drugs to dealers only. After Africa, the company make business agreements with Zestra Glide to generate good capital revenue in their organizational structure. |
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SQFD&C |
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| Quality
|
High
|
The company manufacturing quality standard products to maintain their business structure in France, Portugal, Germany and different European countries. Nowadays Sothema is one of the top leading pharma laboratories who run their business into international market by managing internal and external medicine agencies. | Sothema pharmaceutical company has rights to produce products and licenced approved. The company focused on industrial and environmental safety system to meet their international market demands. |
| Speed
|
Moderate
|
In order to, maintain international partners the company try to manufacture their variety of products as soon as possible. | The company plants not available in every country so some times it takes times and sometime its quick. |
| Flexibility
|
High
|
The company always provide specific attention to their safety management system to reduce workplace accident in their organizational structure. | They work on requirement of customer according to the time. Sothema always provide an efficient attention to their maintenance structure of their each green areas situated in the production house. |
| Cost
|
Moderate | During the globalizing economy, market competition become huge and for maintain each competitiveness cost need to change based on environment. | Product cost at peak when product contents not available easily. During COVID 19 crisis energetic products, boosters, vaccine price got extremely high in European market. |
| Dependability
|
Low
|
Every year Moroccan exports more than 8% drugs to Western and European countries of their production, it provide 2% at their GDP. | Being an international brand, it finds that they have to depend on other countries market demand to increase their annual sales. |
https://www.google.com/search?q=sothema+production+in+year
https://www.peoplegoal.com/blog
https://pharmacily.com/sothema-pharmaceutical-company-morocco/
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