EXXABB LTD. INC
Corporate Social Responsibility
“Vision is when you see it and others don’t. Faith is when you do it and others won’t.”
Company Overview
EXXABB LTD. INC was founded by Mr. Jose Miranda Locsin. He visualized himself as the President of his own corporation even before he worked for ABBOTT Laboratories Philippines which is one of the prestigious, multi-national pharmaceutical manufacturer worldwide for 18 years and even after he decided to resign his dream was still the same and so after his resignation in ABBOT last January 2001, Mr. Locsin registered a named EXXABB Ltd., Inc. with DTI and Security Stock Exchange in May 2001 as a corporation. His Incorporators and Share Holders majority of them were also former executives who has faith in his capabilities to lead the new formed company, therefore the name EXXABB also stands for Ex-Abbott employees.
EXXABB’s main office was registered and located at Villa Carolina, Muntinlupa City and has Atty. Felipe G. Capulong as their corporate secretary who handled the registration of the business permits and licenses with DTI and SEC. the acquisition of BFAD permit followed before they were given the authorization by ABBOTT laboratories to be one of their sub-distributors. Likewise, AB Sandoval and Zuellig Pharma, which are the distributor of Abbott Laboratories signed a Memorandum of Agreement (MOA) with EXXABB extending 50 days credit terms for any purchases agreed to supply EXXABB based on their license to operate with BFAD extending them a dated check payment terms.
The Innovation…
In the first year of operation, EXXABB started in the distributorship of Anesthetic Abbott Diagnostic products, premixed solutions and other hospital products to hospitals within the vicinity of Las Pinas, Paranaque and Muntinlupa as one of their first regular clients. Within the year in September 2001, EXXABB rented a commercial office at Guadalupe Arcadia among J.P. Rizal Extension, Makati City, initially meant as a storeroom for stocks to facilitate their deliveries to clients at Manila, Quezon City and Makati areas.
In the second year of operation, EXXABB added additional products, like medical nutritionals - Ensure, Promod, Nephro, Glucerna, Alitrac, special diet for critically
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In the third and fourth year of operation, more clients sought for EXXABB’s services, as they became known in the market by word of mouth. This time, more pharmacies and medical centers were added in their list of satisfied customers.
Last year 2006, EXXABB changed venue from Guadalupe Arcadia, J.P. Rizal Extension, Makati City to 4/F Reliable Building, 7230 Malugay Street, Zuellig Loop, Makati City, and affected the sales of products because they can’t order any supplies from their supplier which lasted for 4 months because they needed to process their papers that contains their new address in DTI and Security Exchange because EXXABB is registered as a corporation and that is their authorization in BFAD that allows them to become a sub-distributor of ABBOTT.
EXXABB Vision
To be the pride of the Filipino Distribution Market, EXXABB LIMITED, INC. will be a viable, professional and dynamic distribution channel of health care products to hospitals and related institutions, ensuring sustained operations for the benefit and welfare of its stockholders, employees, the general public and its other constituencies.
EXXABB Mission
The company mission focus on providing creative distribution management with a larger clientele, to strengthen their position among top distribution channels of health care products and maintain a reasonable return on shareholder’s equity.
a.) The company is committed to qualify in their products and services, and their relationships with clients, employees and sales associates. b.) Their strength is their people. The company is dedicated in bringing out the best among their employees and sales associates by providing job security, competitive compensation and opportunities for professional growth and personal development. c.) The company has the social responsibility to improve quality of life and shall always expose positive Filipino Values such as Malasakit, Matiyaga, Maka-Diyos at Makatao.
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Brief History
EXXABB Ltd., Inc. started with the vision of Jose Miranda Locsin, visualizing himself as the President of his own corporation even before he decided to resign as an employee. Having been employed for more than eighteen years with ABBOTT Laboratories, Inc. - one of the most prestigious, multi-national pharmaceutical manufacturers worldwide, - Mr. Jose Locsin chose Abbott products that he’ll distribute all over the Philippines. His vision, backed-up by his expertise in sales and other skills and knowledge he already acquired in the operations of a distributorship of pharmaceutical products, made him pursue this line of business.
Right after his resignation from ABBOTT in January 2001, Mr. Jose Locsin registered EXXABB Ltd., Inc. with DTI and Security Stock Exchange in May 2001 as a corporation. Majority of the Incorporators and Shareholders, who joined Mr. Locsin in the formation of the new corporation were former ABBOTT executives who have faith in his capacity to spearhead the company and believed in the viability of the business. Therefore, the name EXXABB for the new company, meaning ex – Abbott employees.
EXXABB’s main office was registered at Villa Carolina Muntinlupa City. Atty. Felipe G. Capulong, the Corporate Secretary facilitated the registration of business permits and licenses with DTI and SEC. The acquisition of BFAD permit followed before they were given an authorization by ABBOTT Laboratories to be one of their sub-distributors. Likewise, AB Sandoval and Zuellig Pharma, which are the distributor of Abbott Laboratories signed a Memorandum of Agreement (MOA) with EXXABB extending 50 days credit terms for any purchases agreed to supply EXXABB based on their license to operate with BFAD extending them a dated check payment terms.
In the first year of operation, EXXABB started in the distributorship of Anesthetic Abbott Diagnostic products, premixed solutions and other hospital products to hospitals within the vicinity of Las Pinas, Paranaque and Muntinlupa as one of their first regular clients. Within the year in September 2001, EXXABB rented a commercial office at Guadalupe Arcadia among J.P. Rizal Extension, Makati City, initially meant as a storeroom for stocks to facilitate their deliveries to clients at Manila, Quezon City and Makati areas.
In the second year of operation, EXXABB added additional products, like medical nutritionals - Ensure, Promod, Nepro, Glucerna, Alitraq, special diet for critically ill patients in their stocks. Lim-Locsin-Lorenzo-Orillaza
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In the third and fourth year of operation, more clients sought for EXXABB’s services, as they became known in the market by word of mouth. This time, more Drugstores, Clinics and Medical Centers were added in their list of satisfied customers.
Last year 2006, EXXABB changed venue from Guadalupe Arcadia, J.P. Rizal Extension, Makati City to 4/F Reliable Building, 7230 Malugay Street, Zuellig Loop, Makati City, and affected the sales of products because they can’t order any supplies from their supplier which lasted for 4 months because they needed to process their papers that contains their new address in DTI and Security Exchange because EXXABB is registered as a corporation and that is their authorization in BFAD that allows them to become a sub-distributor of ABBOTT.
EXXABB, now on its 6 th year is definitely growing and expanding. From three customers, they now have 16 regular customers. From three product lines, they now have 47 regular product lines. EXXABB has a long way to go before they can become among top distribution channels of health care products, but their vision and mission keeps them on the right track to achieve their goals.
INSIDE THE ORGANIZATION…
Organization Structure
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EXXABB has six incorporators who invested in the company. The Board of Directors is composed of President, Vice President, and Corporate Secretary. The President makes decision regarding all aspects of the company. The other four members of the Board of Directors are also consulted regarding the decision-making. The Vice-President supports the decision of the president. The BOD holds a regular meeting every two months. These directors discuss the existing problems of the company and try to formulate strategies to solve problems. General Manager managed the day-to-day operation of the corporation that is the sales and distribution of the products and the collection. Secretary stands as an assistant of the people on the higher position. The Internal Accountant examines the record books, and other documentation relative to accounting activities to determine their accuracy. In addition, he examines and tests reliability of accounting procedures and its accuracy, resulting from reports and financial statements. The Pharmacist handles permits regarding PDEA (Philippine Drug Enforcement Agency) and BFAD (Bureau of Foods and Drugs) and records purchases and sales of regulated and dangerous drugs. The Sales Administrator is the one covering the accounts (attends to sales and collection, returns of expired and damaged medicines and other P.R. requirements) and he also handles inventory of the materials needed by the company. Purchase Supervisor supervises the purchasing of pharmaceutical products. The Treasurer is responsible in the budget needed by the company. HR Head is responsible for the hiring employees. The driver delivers the orders and at times collects receivables
Products and Services offered
The company is a pharmaceutical product trade distribution that deals with pharmaceutical products like general anesthesia, muscle relaxant & adult nutritional products. Hospitals, Clinics and Drugstores orders to them and they deliver it right away.
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Products for the Poor…
The products of Exxabb are general anesthesia, muscle relaxant & adult nutritional products. The fast moving products for anesthesia & premixed products are Forane, Sevorane, Penthotal Sodium vial, Propofol, Sterile Pontocaine, Marcaine, Bupivucaine, Nalbuphine, Demerol, Quelicin injection and Fentanyl Citrate injection. For premixed IV solutions are Dopamine HCL injection, Dopamine vial and Dobutamine. For other products are Levophed, Luminal, Sodium Bicarbonate Fliptop vial and Sodium Bicarbonate Abboject USP. For medical nutritional are Alitraq, Ensure Liquid Choco, Ensure Liquid Vanilla, Ensure Powder Vanilla, Glucerna RTU, Glucerna SR, Jevity, Nepro Vanilla, Promod and Polycose.
Anesthetics Including 12% VAT
1. Ethraine 250 ml 4, 608.85
2. Forane 100 ml 3, 781.37
3. Sevorane 250 ml 12,156.27
4. Penthonal Sodium 1.0 gm. 446.95 vial/pckg.
5. Propofol 5/ box 2, 455.58
6. Sterile Pontocaine 10 amps./ box 4,657.55
7. Marcaine (10 ml) 10 vials/ box 2,658.38
8. Lidocaine HCI Inj. (1 mg/ 250 ml) 298.64
9. Bupivacaine (0.8%/ 20 ml) 20 ml 4,614.05 per vial
10. Bupivacaine (0.5%/ 20 ml) 20 ml 295.37 per vial
11. Nalbuphine HCI (10 mg/ml) 10 1,184.29 ml amp/ bx
12. Quelicin Injection (20 mg/ ml) 10 266.62 ml
13. Demerol 50 mg vials 1’s (30 ml) 2,214.55
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14. Demerol 100 mg amps. 25’s (2 3,752.08 ml)
15. Fentanyl Citrate Inj. (USP amp. 2 1,633.96 ml) 10’s
Premixed IV Solutions Including 12% VAT
16. Dopamine HCI Inj. 200 mg/ 250 371.39 ml
17. Dopamine HCI Inj. 400 mg/ 250 611.44 ml
18. Dopamine 200 mg vial/ 5 ml 238.29
19. Dobutamine 250 mg/ 20 ml 754.53
20. Dobutamine 250 mg/ 250 ml 777.15
21. Dobutamine 500 mg/ 250 ml 1,131.82
22. Metronidazole Inj. 500 mg/ 100 132.94 ml
Other Products Including 12% VAT
23. Luminal 2 mg amps 5’s (1 ml) 2, 098.48
24. Levophed amp 6’s (2 ml) 3,399.92
25. Levophed amp 6’s (4 ml) 5,957.95
26. Sodium Bicarbonate Fliptop vial 90.74 50 ml
27. Sodium Bicarbonate Abboject 429.59 USP 50 ml
28. Ion-O-Trate Potassium HCI 40 92.26 meq/ 20 ml
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Medical Nutritional Including 12% VAT
29. Alitraq 76 gms/ sachet 335.18
30. Ensure Choco 1 kg w/ FOS 1,359.32
31. Ensure Choco 400 gms w/ FOS 584.32
32. Ensure Liquid Choco 250 ml 108.28
33. Ensure Liquid Vanilla 250 ml 108.28
34. Ensure Powder Vanilla 250 ml 2,252.40
35. Ensure Vanilla 1 kg w/ FOS 1,359.32
36. Ensure Vanilla 400 gms w/ FOS 584.32
37. Glucerna SR Choco Liquid 237 127.23 ml
38. Glucerna RTH 1 L 658.49
39. Glucerna RTU 250 ml Vanilla 133.27
40. Glucerna SR 400 gms 719.22
41. Jevity 1 L 505.81
42. Nepro Vanilla 237 ml 215.23
43. Patrol Pump Set Piercing Pin 1,139.89
44. Polycose 585.76
45. Promod 275 gms 750.72
46. Suplena 185.53
47. Toptainer Spikeable 124.54
Description of each table:
Table 1: Anesthesia products are products that are being use to control pain. It is usually being use at the operating room.
There are 4 types of anesthesia:
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1. General Anesthesia - is an anesthetic agent that is being mixed with the oxygen and passes through the lungs for potent effect. 2. Injectible Anesthesia - is an anesthetic agent being administered through the veins. 3. Spinal Anesthesia - is an anesthetic agent being administered through the spinal cord. 4. Epidural Anesthesia - is an anesthetic agent being administered through the epidural space.
Table 2: Premixed products are for cardio vascular patients meaning patients with heart problems. It is being administered through the dextrose.
Table 3: Other Products are additives products being mixed with the dextrose to deliver through the veins. These are for a patient that lacks minerals.
Table 4: Medical Nutritional are commercial supplementary food for adult medical nutrition. Regulated drugs are Penthotal Sodium, Nalbuphine, Demerol, Fentanyl Citrate and Luminal.
PRIMARY CUSTOMERS…
As of now, the primary customers of EXXABB are hospitals in Metro Manila both public and private ones. Products are priced at a very low cost so that less fortunate people can afford to buy their medicines. The following are the top clients of EXXABB:
Asian Hospital and Medical Center
2205 Civic Drive, Filinvest Corporate City, Alabang Muntinlupa City, Philippines, 1780
Top 1 Client of EXXABB LIMITED, INC.
Asian Hospital and Medical Center is the first major private hospital with tertiary care facilities in the southern Luzon corridor of metropolitan Manila. It officially began operations on March 15, 2002. The 253-bed capacity, state-of-the-art medical center stands on a 17,258-square meter campus that houses the main hospital and the medical office building. It has over 900 employees and 160 outsourced staff, all trained to provide personalized patient care.
De Los Santos Medical Center Lim-Locsin-Lorenzo-Orillaza
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201 E. Rodriguez Sr. Blvd., Quezon City, Philippines
Top 2 Client of EXXABB LIMITED, INC. Founded in 1949 by Dr. Jose V. de Los Santos Sr. known as the father of Philippine Orthopedics. The clinic has become a landmark in the Espana, Quezon City area when the de Los Santos’ mission of giving medical attention to more people led to the expansion of the clinic in 1973 into the De Los Santos General Hospital. The hospital diversified into education and training by opening a school of Nursing & Midwifery in 1975 and became a medical training institution in 1985, both of which have graduated notable professionals in the health care field today. The company is a medical center offering complete medical service and further expands through constant investment in its facilities and people. Despite its significant growth, the de Los Santos’ never lost sight of their pursuit to reach out to more Filipinos and to contribute to the development of health care. It is now managed however, by their children, Dr. Jose V. de Los Santos, Jr. as President and Dr. Efren V. de Los Santos as Medical Director, and, their grandchild Mr. Ronaldo H. de Los Santos as Administrator. The opening of a school of Physical Therapy in 1994 which yielded some top-notchers in the board exams and the setting-up of the Dr. Jose V. de Los Santos, Sr. Foundation for medical research and medical service to indigent patients in 1995.
Makati Medical Center
No. 2 Amorsolo Street, Legaspi Village, Makati City, Philippines, 1229
Top 3 Client of EXXABB LIMITED, INC.
The Makati Medical Center was conceived to be one necessary and important feature in a developer's plan for a total self-contained community in a suburb slowly shaping up in the South of Manila, in the early and mid-sixties.
It was about this time when Enrique Zobel, the top man of the Ayala conglomerate, asked three prominent figures in medical practice at that time, to compose the core group of what was to become the leading hospital in the country. Dr. Constantino P. Manahan, a famous OB-Gyne specialist and Dr. Jose Y. Fores , an equally well-known and distinguished surgeon and Dr. Mariano M. Alimurung, a world renowned cardiologist answered Zobel's call.
The following lines are from the recollections of Dr. Carlos L. Sevilla, a founding group member, who became the Vice-Chairman of the Board and Treasurer and later on the hospital's Chairman of the Department of Opthalmology, of the years when the Makati Medical Center was just a dream in the minds of its founders.
"On May 31, 1969, the Makati Medical Center formally opened its doors to the Lim-Locsin-Lorenzo-Orillaza
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Medical Center Paranaque
175 Doña Soledad Avenue, Better Living Subdivision, Parañaque City
Top 4 Client of EXXABB LIMITED, INC.
The Medical Center Parañaque, Inc. is the largest tertiary hospital in the City of Parañaque. It is situated on a 7,800 square meter prime lot along Dr. A. Santos Ave, Sucat, Parañaque. It offers a wide range of medical and health services such as Surgery, Pediatrics, Obstetrics & Gynecology, Internal Medicine and other specialized services. MCPI is a private corporation with about 450 stockholders composed mostly of physicians who excel in their respective fields of specialization.
MCP was founded by a group of enterprising physicians and businessmen in 1977. The inauguration of the hospital took place on November 12, 1978. On July 31, 1981, the Security and Exchange Commission approved the incorporation of the hospital. On its 21st year, it has already achieved a status of being one of the reputable hospitals in the City of Parañaque.
Healthway Medical Clinic
Healthway Alabang Town Center 2/F Alabang Town Center, Alabang-Zapote Road, Alabang Muntinlupa
Healthway Edsa Shangri-la 5/F Wellness Zone, Shangri-la Plaza Mall EDSA corner Shaw Boulevard, Mandaluyong
Healthway Robinsons Place Ground Floor, Padre Faura Entrance Robinsons Place Ermita, Pedro Gil Street and Padre Faura Street Ermita, Manila
Top 5 Client of EXXABB LIMITED, INC.
Since its inception in 1997, Healthway Medical has earned a remarkable reputation in the Philippines for its excellence in delivering primary and specialty care through an integrated delivery system that is technology and physician- driven. It belongs to an international group of healthcare companies under the GenRx Healthcare Group (a division of HKR International Limited, Hong Kong). The company’s network of clinics offers a unique one-stop-shop setting where services of experienced doctors are complemented with complete laboratory and diagnostic facilities. As the country’s first network of clinics to be ISO 9001:2000 Lim-Locsin-Lorenzo-Orillaza
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Corporate Social Responsibility certified, Healthway seeks to enhance and improve its services to provide total customer satisfaction. Quality care resonates in all of its six clinics located inside the country’s leading local malls.
Divine Grace Medical Center
Alabang Medical Center
Alabang-Zapote Road, Alabang Muntinlupa
Paranaque Doctors Hospital
175 Doña Soledad Avenue, Better Living Subdivision, Parañaque City
Trinity Woman and Child Center
2732 Panaderos, 1000 Manila, Philippines
Zarate General Hospital
311528 A. Zarate General Hospital, Atlas Compound, Naga Road, Pulanglupa, Las Pinas City,Metro Manila 1740
Delos Santos-STI Megaclinic
5/F SM Megamall, Building a, Ortigas Center, Mandaluyong City
Ospital ng Muntinlupa
Civic Drive, Filinvest, Alabang, Muntinlupa City Muntinlupa City, Metro Manila
Situated at the Filinvest Corporate City in Alabang, the Ospital ng Muntinlupa is the first general hospital in the city. It was determinedly established in the administration of Mayor Jaime Fresnedi to benefit mostly city residents. It is envisioned to be the paragon in modern health facilities, outfitted with the state- of-the-art equipment and managed by proficient medical experts. As a priority project of Mayor Fresnedi, the Ospital ng Muntinlupa or OsMun is the only public hospital in the country, which is being subsidized by the local government. Its establishment has been a figure of adequate medical care especially to indigent residents of the city. Records show that in year 2003 up to
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Ospital ng Makati
Sampaguita Street, Brgy. Pembo, Fort Bonifacio, Makati City
University of Perpetual Help Dalta Medical Center Las Pinas
Alabang Zapote Road, Pampona, Las Piñas City
After three decades of pursuing only the highest standards of service in medicine and healthcare, the city of Las Piñas now boasts of having in its midst one of the best-equipped, tertiary medical centers in the Philippines. The University of Perpetual Help Dalta Medical Center was first envisioned by its founders -- Dr. Antonio Laperal Tamayo, his wife Dr. Daisy Moran-Tamayo, and their close friend and associate Ernesto Palanca Crisostomo -- to be the realization of a longtime dream to pioneer quality health care in the rustic areas of South Metro Manila. What they first built as a modest 2-story community hospital in 1975, housing a mere 50 beds with a daily occupancy rate of 10 to 12 patients, today provides exemplary healthcare and medical service to a much higher community -- the Filipino People. From the hospital's medical and administrative staff, employees and volunteer groups, it has been a 30-year journey of continuous growth and development, and of passionate service in a compassionate environment.
Vitality Drug
De La Salle University Medical Center
DLSU Medical Center was initially inaugurated as a 100 bed teaching and training hospital of the then Emilio Aguinaldo College of Medicine (now the De La Salle University Health Sciences Campus) in 1982. In 1987, The De La Salle University run by the Brothers of the Christian Schools acquired ownership of both the college and hospital. The hospital is administered by the Sisters of Saint Paul of Charters, an apostolic religious congregation renowned for its track record in providing health services throughout the country.
It is committed to the provision of care of persons seeking promotive, preventive, diagnostic, curative and rehabilitative services with a Christian touch. It provides state- of-the-art facilities and outreach and community service (20% of its beds are devoted to charity services). It strives for excellence in the provision of health care by treating the whole person and not just his or her disease.
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ON COMPETITORS…
Critical Success Factors EXXABB ZUELLIG AB LIMITED PHARMA SANDOVAL INC. CORPORATION PHILIPPINES Weight Rate Score Rate Score Rate Score Pricing Strategy .20 4 .80 2 .40 3 .60 Product Delivery .20 3 .60 2 .40 2 .40 Quality of Product .20 3 .60 4 .80 4 .80 Financial Positioning .10 2 .20 4 .40 3 .30 Distribution Network .10 2 .20 3 .30 2 .20 Customer Service .10 2 .20 3 .30 2 .20 Management .05 2 .10 3 .15 3 .15 Experience Large Inventory of .05 1 .05 4 .20 3 .15 Products Total 1.00 2.75 2.95 2.8
This competitive profile analysis shows the differences in different factors among three competing companies in the Philippines. (Including EXXABB)
Pricing Strategy Our pricing for our products is 3% cheaper than our competitor. Product Delivery We deliver the product to our customer within 24 hours after the order. Quality of Product We give out the same quality of products like our competitors product. Financial Positioning The company is financially stable and we gain more sales than cost. Customer Service The company helps out the customers in their complains and tells them information about the product. Management Experience Our management is veterans in managing the company.
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Large Inventory of Products
We have many products stored in our storage so that we will not run out of products.
STRENGTHS and WEAKNESSES
Strengths:
Strong Ethical Culture
Since all of the employees are Filipinos they have the same culture so they are more bonded and doesn’t feel awkward with each other therefore they can work to their fullest.
Cost Leadership
The company sells their products less expensive than their competitors.
On time delivery
The deliveries of their products are always within 24 hours if the products are available. This would give them a competitive advantage against their competitor.
Financially Stable
The company does not own any loan and they have the right income.
Strong Leadership
They motivated their employees to do their work and interact with them.
Good Marketing Strategy
They advertise their product very well and promote them personally by the means of sales representatives. This is will be beneficial to them because interaction with their customer through personal advertising will give them instant feedback.
Good Decision Making
Only the president of the company gives out a decision so decision making is faster to be performed.
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Weaknesses:
No R&D
They don’t have their own research and development because their main manufacturer has the research and development.
Manual Operation
The company as of now doesn’t own any technological system like sales and inventory they do their inventories manually and it gives them a hard time calculating the current stocks manually. Their account management is also being done manually making it hard for them to count the current cost of the year and the revenue they have.
Limited Suppliers
The company has limited number of suppliers because they order their products from the main distributor of Abbott and basically this company becomes a sub distributor.
IDENTIFYING OPPORTUNITIES AND THREATS…
Opportunities:
Increased GDP Level
When the GDP level of the Philippines increased most likely the sales of our products will go high. Higher GDP for the country means the country has more money than the previous year.
Increased Number of Hospitals
When the number of hospitals in Metro Manila increased, the company can expand their market.
Increased Number of Drugstores
When the number of drugstores in Metro Manila increased, the company will have an opportunity to expand their market
Increased Population
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With the increase of population medicine is will be on demand because people are health conscious and do everything to stay healthy, avoid getting sick and try to cure their ailment as soon as possible.
Development of New Technologies
Today, many technologies are being made to improve the business process of the companies. If the company develops new technologies, it can surely help them to have an advantage to competitors.
Threats:
Fluctuation of the Peso Value
When the peso fluctuate obviously the products prices will go high and this is not a good for the company.
Increased Number of Generic Medicines
With the increase of generic made medicines it will hurt our company in a way because if they see that generic made medicines are as effective as our medicine in a cheaper price they would rather choose the generic ones.
Increased Number of Competitors
With the increasing number of competitors our company will have to stay on guard and always make sure not to make major mistakes because with one false decision the company might lose their clients and move to other distributors.
Increased Number of Fake Medicines
With the increasing number of fake medicines the medicines that our company will not be exempted from being doubted by the customers and that means the payment for the distributors or for our company will be late.
Single Location of Business
The company has only one branch, some hospitals and drugstores are too far for the company to deliver their products.
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