The Supply Chain Department of Square Pharmaceuticals Ltd Essay

The Supply bowed stringed instrument Department of Square Pharmaceuticals Ltd - Essay ExampleThe beau mondes mission was to provide quality and advance(a) healthcare products for people and have a unafraid ethical stand culture in its craft operations which help the smart set to give the maximum benefit to the stakeholders, shareholders and also to the society. Watson Pharmaceuticals is the major competitor for the company as they produce the similar products and also have a strong overall process. The company has shown a good growth rate in the previous few years and also has come up with new products launching them in the market (Ahmed, Tabassum and Hossain 200593).Supply chain management is a very strong and important part for the successful running of any company and mainly for companies which are in the pharmaceuticals business organisation as they need to take care of all the members and also the information light play a vital role in the market demand and changing tren d in the market. It involves the overall flow and maintenance of the materials, information and the finance that is involved in the process which moves from the supplier to the company then to the sell and distributors from there to the end customers. The main objective of supply chain management is to reduce the inventory investment trust as a result reduces the additional cost of maintaining the stock.The companys market share is 16.23% having a good growth rate of around 14.9% and in 2004 it had shown a growth rate of 11% in the country among all the competitors. The companys market share is the highest among all other competitors and it enjoys the position of beingness a market leader. The company has enjoyed this position over the years because of the strong strategies that it has followed from last two decades which has got the companys growth to go up in an exponential manner (Baligh 200656). The company has always hold a strategy to provide good quality products to its c ustomers and have a transparent medium in