Introduction Pharmaceuticals are medicinally effective chemicals, which are converted to dosage forms suitable for patients. In its basic chemical form, pharmaceuticals are called bulk drugs and the final dosage forms are known as formulations . Bulk drugs are derived from 4 types of intermediates (raw material), namely: Plant derivatives (herbal products) Animal derivatives e.g. Insulin extracted from bovine pancreas. Synthetic Chemicals. Biogenetic (human) derivatives e.g. Human Insulin. Introduction of Pharma Industry
Introduction The Indian pharmaceutical industry is highly fragmented but has grown rapidly due to the friendly patent regime and low cost manufacturing structure The Drug Pricing Control Order (DPCO) has been the millstone around the neck of Indian industry as it has severally restricted profitability and hence innovation. In the domestic market, old and mature categories like anti- infectives , vitamins, analgesics are degrowing or stagnating while new lifestyle categories like cardiovascular, CNS, anti-diabetic are growing at double-digit rates. Indian Pharmaceutical Industry
Top 20 Biotechnology companies in India Serum Institute of India Biocon Jubilant Life Sciences Syngene International Biological E Nuziveedu Seeds AstraZeneca Pharma India Mahyco Bharat Biotech International GSK India 11.Anthem Biosciences 12. Metahelix Life Sciences 13. Advanced Enzyme Technologies 14. Concord Biotech 15. Panacea Biotec 16. Ankur Seeds 17. Ecron Acunova 18. Zytex 19. Accurex Biomedical 20. Bhat Bio-Tech India
Introduction of Biotech The biotechnology sector of India is highly innovative and is on a strong growth trajectory The sector, with its immense growth potential, will continue to play a significant role as an innovative manufacturing hub The sector is one of the most significant sectors in enhancing India's global profile as well as contributing to the growth of the economy . “KRISHNAM BIO-TECH engaged in the business of manufacturing of Nutraceutical products of varied ranges like Syrups, Tablet, Capsule, Drops, Soft gel, Amino Acids, Protein powder, Energy Drinks sachet of different kind of different weights and by meeting the requirements.
INTRODUCTION OF COMPANY Established in 1996, KRISHNAM BIO-TECH engaged in the business of manufacturing of Nutraceutical products. KRISHNAM BIO-TECH has started its operation in the year of 1996, which has now emerged as a well-established organization in Nutraceutical products manufacturing as well as marketing company of the Nutraceutical products . Products of the Company Nutraceutical Herbal
INTRODUCTION OF COMPANY Vision Today , life style is very fast which brings deficiency in all aspects even human body also affects. To overcome from deficiency, they required extra nourishment. They are very well understand the needs of human body and bridging the gap between deficiency and needs by providing Nutraceutical range of the products and touching lives with success . Mission KRISHNAM BIO-TECH has set high goals. They have pledge to strengthen society and build a strong nation. They also adhere to provide quality range of products. As we strongly belief that, growth is never possible with lapses, so they are committed to offer a healing touch through good quality Nutraceutical range of the products .
INTRODUCTION OF COMPANY Nutraceutical
INTRODUCTION OF COMPANY DROP’S
INTRODUCTION OF COMPANY CAPSULES
INTRODUCTION OF COMPANY Tablets
INTRODUCTION OF COMPANY Energy Drink
INTRODUCTION OF COMPANY SCHET
INTRODUCTION OF COMPANY PROTEIN POWDER
Diagnosis Phase: To identify problem in any organization 1st thing we need to show the current scenario of the organization. We need to analysis the value chain of the firm. Value chain contain two types of Activities 1 ) Primary Activities 2 ) Support Activities
Diagnosis Phase: Primary Activities include Inbound Logistics Operations Outbound Logistics Marketing and Sales Service
Diagnosis Phase: Supportive Activities Procurement Technology Development Human Resource Management Infrastructure
Diagnosis Phase: They are focuses on Supportive Activities because Pharma Companies not allowed any outsider person to involve in Primary Activities Description of Supportive Activities of, KRISHNAM BIO-TECH.
Human Resource Management There are 25 Workers working into the KRISHNAM BIO-TECH. Where 8 Person are the staff of the KRISHNAM BIO-TECH. And remaining are contract based Labour. The working hour of the firm is 8 hour (9 AM to 5 PM). In 8 person’s staff Two MD Two Accountant Two Customers executives One is supervisor One is Manager
Continue… There will be no allowances provided by KRISHNAM BIO-TECH. The only one time bounce provide by KRISHNAM BIO-TECH on Diwali there is no such bonus is provide to the employees There are two types of leaves provided by KRISHNAM BIO-TECH one is paid leaves and the 2nd is unpaid leaves All biggest Gujarati festivals holidays are paid leaves. Paid medical leaves are also providing to officers as well as Labours. Loan providing to the staff member with zero interest rate (MAX. 200000). There is no specific increment Policy. Salary structure according to the value of the Job Labours are contract based so that there are no specific benefits for them. Attendance manages through manager.
Diagnosis Phase: Technology:- In Pharma Industry there is no frequent up gradation in technology as compare to the Electronic Industry so that, In Pharma company technology is stable. Currently the machinery is latest. KRISHNAM BIO-TECH installed there machinery according their requirement There are no suggestions for Technology aspects of the KRISHNAM BIO-TECH.
Diagnosis Phase: Marketing Related:- In Pharma industry marketing Play’s biggest role without marketing Pharma company not able to survive into the market. In Pharma Industry the most famous marketing strategy are adopted by Pharma companies and bio-tech companies are as under Hospital/Tender Supply (to supply all the products direct into the hospital’s) Prescription Strategy Contract Manufacturing / Treading
Continue… Contract Manufacturer/ treading :- This strategy adopted by the KRISHNAM BIO-TECH This kind of strategy mostly adopted by the small scale companies, where they manufacture medicines in behalf of many biggest companies. This kind of strategy is also called Third Party Production Company. Here they only done contact between companies. There are no special skills are required into this strategy. In KRISHNAM BIO-TECH there is no sales executive available. Sales advertisement done by company’s website Most of the sales work done by owner. They are also available one online.
Design and Analysis Phase: Objective of the study To enhance the performance of the company. To reduce cost of the company. To analysis the actual scenario of the company. To increase profit of the company. To aware the safety of the workers in the company.
Diagnosis Phase: Quality Management KRISHNAM BIO-TECH check product manually for the purpose of quality check For quality check KRISHNAM BIO-TECH done some of the test which are as under:- Assay Ph-test Bio-burden test Coating test Desperation test
Design and Analysis Phase : To hire a Human Resource Manager. To provided allowances to the employees or labours . To make a strict rule for a Labour’s to wearing gloves, cap, and face mask so that worker don’t infected to the chemicals . To Established regular medical checkup for the workers To provide insurance to the employees.
Design and Analysis Phase: They should more sale there product into the market They should hire a 1 sales executive so that the work of owner distribute effectively. They should Purchase their own mini truck to reduce their daily expenses.
IMPLEMENTATION PHASE: To make a strict rule for a Labour’s to wearing gloves, cap, and face mask so that worker don’t infected to the chemicals. Why they Accept? This is compulsory to strictly follow this rule in bio-tech Company because it is directly concerned to the employees’ Health and security.
IMPLEMENTATION PHASE: They should Purchase their own mini truck to reduce their daily expenses Why they accept?
IMPLEMENTATION PHASE: Before Implementation Daily Transportation cost: One round trip: 800(Approximate) They have maximum daily 2 round trip: 800*2= 1600(Approximate) Cost Per Month (25 working Days) 25*1600= 40,000(Approximate) If they purchase their mini truck: Daily Transportation cost: One round trip: 300 (Approximate) They have maximum daily 2 round trip: 300*2= 600(Approximate) Cost Per Month (25 working Days) 25*600= 15,000(Approximate ) Benefit: If they purchase their mini truck Direct Profit per month 40,000-15,000= 25,000 Profit per year: 25000*12=3, 00,000 Truck Price: 4,00,000 They cover-up their truck price in 1.5 year (Approximate)
IMPLEMENTATION PHASE: After Implementation :- Daily Transportation cost One Round Trip: 250 (Approximate) They have a maximum daily 2 round trip: 250*2=500 (Approximate) Cost per month: (25 Working Day) 25*500=12,500 (Approximate) Benefit: Profit Per Month: 40,000-12500 =27500(Approximate) Profit per year: 27500*12=330,000(Approximate) They purchase old mini truck in 200,000 Profit after implementation : 3,30,000-2,00,000 =1,30,000 (Approximate) They found their benefit in this suggestion that’s why they accept it for implementation.