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Digg It - Increased Revenue and Optimized Routes
The Cost of Business
Many service companies (e.g. plumbing, air conditioning) compete in very competitive markets. Th
Many service companies (e.g. plumbing, air conditioning) compete in very competitive markets. Th
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
ese companies focus on maximizing revenues while controlling costs. However, the nature scheduling work orders is chaotic and presents hurdle
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
for companies when controlling costs.
Call centers schedule work orders as they come in. These work orders are not in a specific order or a
Call centers schedule work orders as they come in. These work orders are not in a specific order or a
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
specific location. Organizing these schedules becomes overwhelming and requires knowledge of the areas being scheduled.
Costs are associate
Costs are associate
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
with this responsibility and errors can cost the company money. The call center needs to schedule work orders quickly in an organized fashio
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
. The efficiency of the routes the call center maintains can cost the company as well.
Translucent Scheduler 2007 provides sophisticated rou
Translucent Scheduler 2007 provides sophisticated rou
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
te optimization features using geographical data. Through GPS technologies Translucent Scheduler 2007 calculates driving distance, allowing t
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
e software to recommend and optimize your schedules quickly and efficiently.
The Impact of Mileage
Many service comp
The Impact of Mileage
Many service comp
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
nies are realizing the impact that mileage has on their revenues. Companies are spending a fortune on gasoline and loose revenue to unproduct
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
ive time.
Unproductive time should be minimized because it does not generate revenue. A technician that travel a hundred and twenty miles sp
Unproductive time should be minimized because it does not generate revenue. A technician that travel a hundred and twenty miles sp
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
nds at least a hour more driving than a technician that drive sixty miles. This hour spent driving does not generate revenue and is unproduct
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ve.
Gasoline expenses should be minimized as well. In the same example a vehicle gets twenty miles to a gallon and gallon of regular unleade
Gasoline expenses should be minimized as well. In the same example a vehicle gets twenty miles to a gallon and gallon of regular unleade
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
d is two dollars and twenty five cents, and then the sixty mile difference in the previous example would save the company six dollars and sev
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
nty five cents for one vehicle for a single day.
Translucent Scheduler 2007 has been designed considering impact of mileage on company’s rev
Translucent Scheduler 2007 has been designed considering impact of mileage on company’s rev
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
nue. Our software identifies openings which meets the requirements of a work order (e.g. time availability) and ranks the results base on dis
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
tance. The system calculates the distance from the previous work order and to the following work order. This allows the user to quickly ident
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
fy openings which require the least amount of mileage.
Return on Investment
Companies that control costs associated
Return on Investment
Companies that control costs associated
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ith scheduling work orders and the routes required to service locations can increase revenues by decreasing expenses. Translucent Scheduler 2
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
007 can help your company realize this through our scheduling and dispatching features. Optimized routes minimize unproductive time and maxim
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ze revenue generating time. Routes which require less driving distance have a direct effect on gasoline costs and vehicle maintenance as well
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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