English
Pharmaceutical manufacturing is one of the industries with high requirements on product quality, whether products are injections, oral drugs or functional food. For that reason, Vietnamese pharmaceutical companies must invest in human resources, machinery and equipment, etc. to meet the stricter and stricter demand on quality and price. Not every Vietnamese company can ensure competitive prices and continuously improved quality. Facing these challenges, business improvement and restructuration to ensure high quality products at competitive prices, short R&D time and agile distribution is a crucial requirement of Vietnamese pharmaceutical companies.
According to GKM Finest Management Institute’s research, companies must:
- Change employees’ mindset. Rotate their thinking axis in the same direction that is mutual development with the company. Accomplishing this activity will help company improve labor productivity and cut down many wastes. GKM Finest Management Institute named it as “Tam the” change. “Tam the” promotes the lean gene throughout the company.
- Identify and minimize wastes that exist in the value chain that may generate costs in the company such as sourcing, manufacturing, selling, indirect costs in departments, etc. To realize this, Made in Vietnam lean thinking will support companies from changing mindset on wastes to identify them. Problem solving is also applied to help cut down wastes thoroughly in the companies with the same language – language of management science.
- Strategies on R&D must concentrate more on research and development of new products that can create more added value for companies. To realize this, a systematic R&D management is needed. Made in Vietnam lean R&D management be a solution for companies.
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Made in Vietnam lean management school with seven sets of Finest Gene will help pharmaceutical companies solve problems from roots and tool solutions. We will support from changing mindset, implementation methods, strategies formulation to competence improvement for every individual in companies. With the Finest Gene sets of this management school, pharmaceutical companies can confidently provide products with SQCDE, strongly compete with peer companies or international companies, even compete on prices.
Deeply understanding the importance of corporate restructuration from strategies, costs, quality (especially in the field of injection products) and being persuaded by Finest Gene sets, on 6th June 2020, VINPHACO organized a Made in Vietnam lean management training program (1st level) for the company’s director board and department leaders. The training program aimed to form methods to identify and minimize waste costs in the company, and upgrade injection product quality at the same time.
Opening ceremony of Made in Vietnam lean management level 1 program
From the training program, VINPHACO has identified tangible and intangible waste costs, as well as formulated implementation program to reduce these costs
Company leaders said that they deeply appreciated the meaning of Made in Vietnam lean management philosophy. The philosophy opened up a new mindset in the company’s restructuration process.