Exploring the Role of Business Support Agencies in Value Chain Management of the Medical Device Industry

Author(s):  
Dakshata Rana ◽  
Mike Gregory
2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Chimeziem C. Gabriela Udeze ◽  
Joy N. Ugwu

The overwhelming competitive strength of developed and industrialized countries across the globe has constantly challenged the up- and- coming industries in African nations in a cold and stiff competition. This has left these industries perpetually on their marks and unable to take off so as to compete favourably with their competitors in the global market place. The question of how industries in Africa can improve their competitiveness and hence industrialize the continent has been widely discussed by scholars in the recent past and yet this issue has not been adequately addressed. This paper on value chain management and industrialization in Africa is a qualitative study that addresses the issue of African industrialization with special reference to value chain management. Specifically, this paper reviews how industries in Africa can thrive amidst stiff global competition and the role of value chain management in industrializing the African continent. Through deductive reasoning, the study reviews the role of value chain management in the industrialization of Africa. In conclusion, this paper shed more light on how industries in Africa can leave their marks, take off and compete favourably amidst stiff competition with value chain management pointing out that one of the ways to make African industrialization a reality is to manage the industrial value chain effectively. This study recommends that government and private organizations should help by investing in research and development to help shed more light on innovative ways to improve on value chain management.


2018 ◽  
Vol 9 (1) ◽  
pp. 1
Author(s):  
Faqiatul Mariya Waharini ◽  
Anissa Hakim Purwantini

AbstractThe development of the halal industry will become more competitive with the involvement of the financial industry and sharia banking sectors. This study aims to explore the role of sharia banking in the development of halal food industry in Indonesia. The research method used is descriptive qualitative method with literature review. Based on the results of the analysis, it can be concluded that the role of sharia banking is not only limited to shariah-based financing which is riba (interest), maysir (uncertainty), and gharar (gambling), but also at all stages of production process (halal value chain management). Sharia banks play important role that can use to develop and improve the halal food industry. First on the halal control stage, the second on the logistics process and the last stage of halal verification.AbstrakPengembangan industri halal akan menjadi lebih kompetitif dengan keterlibatan dari sektor industri keuangan dan perbankan syariah. Penelitian ini bertujuan untuk mengeksplorasi peran perbankan syariah dalam pengembangan industri makanan halal di Indonesia. Metode penelitian yang digunakan adalah metode kualitatif deskriptif dengan telaah literatur. Berdasarkan hasil analisis, dapat disimpulkan bahwa peran perbankan syariah tidak hanya terbatas pada pembiayaan berbasis syariah yang bebas riba (bunga), maysir (ketidakpastian), dan gharar (perjudian). Akan tetapi juga pada seluruh tahapan proses produksi (halal value chain management). Peran penting yang dapat dilakukan perbankan syariah guna mengembangkan dan meningkatkan industri makanan halal, diantaranya dalam tiga proses halal integrity. Pertama pada tahap pengendalian halal, kedua pada proses logistik dan terkahir tahap halal verification.


Author(s):  
Akash Sharma ◽  
Gaurav Luthra

In medical device industry the risk management plays a very vital role. There should be proper communication from each and every stakeholder related to risk management of each respective department, it can be Production, Design and Development or Quality Control and all other  departments. In this current research work the role of risk analysis which   had been done accordingly ISO 14971 for risk management of medical device using FMEA is implemented. FMEA (Failure Mode and Effects Analysis) plays important role in risk analysis by having several steps for mitigation of risk. Also it had been used for identifying hazard of each risk throughout the lifecycle of the medical device. Risk communication should be advanced so, that the risk identified can be easily controlled by taking appropriate risk control measures. In any medical device industry risk analysis should be done properly and as well the risk communication channel should be strong for proper and immediate action. In this research paper practically the role of Risk communication and risk analysis is covered. Risk management of any of the organization can only be effective if the risk analysis is done strongly and the communication related to risk is proper. In this research    FMEA analysis for risk analysis is done on a medical device and also the communication from risk manager to the other entire stakeholders of the risk management from various departments are fully taken into the consideration.


2017 ◽  
Vol 10 (3) ◽  
Author(s):  
Kuldeep Singh Rawat ◽  
Sanjeev Verma ◽  
Rakesh Raut

2021 ◽  
Vol 13 (13) ◽  
pp. 7139
Author(s):  
Ewa Walińska ◽  
Justyna Dobroszek

This article aims to present a profile of functional controllers created in German-speaking countries in the context of their competences and tasks for sustainable management and value chain creation. Sustainable chain management requires finding a balance between the economic, social, and environmental spheres, inside and outside the organizations, in all business functions/processes related to value chain formation. Managers for sustainable management need to have adequate and high-quality financial and non-financial information. They are crucial during the pandemic COVID-19 period. Functional controllers can provide this. Content analysis of job advertisements was used as a research method. The identification of competences was based on Cheetham and Chivers’ model. Tasks were referred to as essential functions of controlling. Descriptive statistics and the Student’s t-test with Cochran–Cox correction and the Wilcoxon-Mann–Whitney test were used to analyze the data. In terms of the studied controllers, more functional than meta competence was identified. There were more hard skills than soft skills. In terms of tasks, studied controllers are preoccupied with analysis, coordination and optimization, participation in management, definition of new tools, and reporting. The results confirm that functional controllers have an impact on sustainable development and value chain creation.


1997 ◽  
Vol 11 (2) ◽  
pp. 116-119 ◽  
Author(s):  
Patrick J. Prendergast

The author assesses the results of the Bioengineering Design Forum – a collaboration between university researchers, clinicians and industry in Ireland. The aim of the Forum is to initiate, develop and bring to a successful conclusion R&D collaborations that lead to new or improved medical devices. By laying down certain operating procedures for the Forum, an effective ‘meeting ground’ has been developed which serves the objectives of both university engineering departments and the medical device industry in a unique way. The purpose of this paper is to relate our experiences of the Forum; they may be useful to others who would like to attempt similar initiatives in other fields. The author also describes the results that may be expected from this kind of university–industry collaboration in practice.


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