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This paper makes an attempt to predict the movement of the stock price for the following day using Artificial Neural Network (ANN). For the purpose of this research, two companies from each industry have been chosen that is, TATA Motors and Honda Motors from the Automobile industry and Cadila Pharmaceuticals Ltd. and Glenmark Pharmaceuticals from the Pharmaceutical industry. The historical prices...
This research aims to investigate the collaboration patterns in supply chain with a triadic view. Case study was adopted in this research. Four triadic collaboration patterns throughout the whole supply chain have been summarized in according to various business segments. In upstream supply chain, there are two types of triadic collaboration pattern - directed collaboration triad and cultivated collaboration...
Kanban system selection is a multi-criteria decision problem which includes qualitative and quantitative factors. The criticality of the selection is more complex in the pharmaceutical and healthcare supply chains and needs more analysis to ensure the availability of suitable pharmaceuticals with no error. Analytic Hierarchy Process (AHP) methodology will be discussed to tackle different criteria...
This research aims to address supply chain collaboration with a perspective of broader three-dimensional relationship, not a linear two-dimensional relationship discussed broadly in previous research. Case study was adopted for this research, and data collection was mainly conducted via interview. The research results highlighted that supply chain collaborations are common practice across all levels...
The policy of the traditional Chinese medicine was researched in this paper. Firstly, the stages of Chinese medicine policy since 1949 were introduced. Secondly, the characteristics and advantages of the traditional Chinese medicine in Hubei province were studied. Thirdly, the policy measures and economic indicators of Hubei province were compared with other provinces. Fourthly, the problems which...
Modern biotechnology is one of the most promising high-tech fields currently, and the related pharmaceutical medicine industry has developed rapidly. However, the capital investment of China's pharmaceutical business is still far behind compared with the developed countries. The capital gap of pharmaceutical companies is large. Online financing is a new way of financing that has advantages of low...
With the proliferation of technology it is important the healthcare industry advance to adapt to market competition. With recent electronic prescription service becoming up and running it demonstrates how the use of technology can improve efficiency of work. Utilising this technology we can see first-hand how it helps facilitate the doctor-patient relationship. The use of a computer system also has...
In this paper, we provide detailed research about the pharmaceutical industry in the UK and restrictions they face when utilizing social media to engage with their patients. More specifically, the investigation examines the relationships between, Social Media and a pharmaceutical company (Pharma), Pharma and Patients and Patient and Social Media, to identify how each of these areas interacts and the...
Owing to the limitations of the data collected, this study has applied window-DEA to estimate the managerial efficiency of medical device companies in Taiwan. Six publicly-traded medical device companies were recruited for this study over the 2005–2014 period. The results show that Excelsior, the most efficient company, has the potential to further improve its average efficiency by 14.5%, and SVBI,...
With a constantly changing environment, organizations today are more than never required to optimize their supply chains while reducing costs and offering high levels of performance. Pharmaceutical firms in particular perform in a market that is characterized by highly fluctuating demands and are often asked to expand their capacity to meet their requirements. Having the choice of either investing...
R&D investment strategy is important for the growth of an enterprise profit. However, there is always a trade-off between short-term profits and R&D expenditure for the firm's decision-making. In this decision-making, R&D investment by an enterprise is considered as a combination between the ‘genotype’ of the industry that the enterprise belongs to and the ‘phenotype’ of the enterprise...
The patent systems in the world have been standardized. The patent laws including Japanese one have been revised in accordance with this standardization. We investigated how Japanese firms utilize the patent systems and how they have changed their behavior for patent protection between the last decade and the next decade by use of a questionnaire. The survey was conducted to 60 R&D-directed Japanese...
Project management strategies play an influencing role in accomplishment of project success. A successful project alone can attain total customer satisfaction and withholding the industry in the market. Scope creep is deemed to be one of the several factors which influence the success of the project. Our research has proven that there are various factors which make an impact on scope creep. This paper...
With the development of electronic commerce, traditional e-business has gradually changed. Enterprises pay more attention to meet the personalized needs of consumers. Being an all new e-business model, B2M is marketing-oriented. B2M solutions based on RFID are more suitable for the special medical enterprise. Not only do website promotion and shopping guide proceed through online and offline, but...
Software development projects in the context of the pharmaceutical industry are highly restricted. Innovation in terms of process changes within the practice of software development has to manoeuvre though the regulatory wilderness of legislation and industry standards. 49 articles have been selected using the Systematic Literature Review method to evaluate the maturity of this field of research....
With billions at stake in new product development, acquisitions and alliances, IBM's Strategic IP insight Platform (SIIP) delivers transformative results, helping clients gain strategic insights. Applied to the pharmaceutical industry, SIIP accelerates the discovery of information to more quickly and accurately answer questions such as: which chemical compounds are good for which targets? What's the...
This study utilizes artificial neural network (ANN) to explore the nonlinear influences of number of inventors, average age of patents, and age of patenting activities on patent citations and corporate performance in the US pharmaceutical industry. The results show that number of inventors, average age of patents, and age of patenting activities of the US pharmaceutical companies have the nonlinearly...
In order to illustrate the importance of logistics industry in the development of pharmaceutical industry in Hebei Province, Grey correlative analysis was used to research the relationship between logistics industry and pharmaceutical industry in Hebei Province in this article, this paper uses cargo freight volume and cargo turnover as logistics indicators to analyze correlation of logistics industry...
To realize technological innovation based on advanced university technologies, it is important to establish collaborative research projects between universities and industry in the early stages of R&D. One way to stimulate the creation of university-industry collaborative research is to have a systematical coordinating mechanism between a university and industry. We analyzed the effectiveness...
This paper presents the main results of a survey conducted in Portugal to evaluate the costs associated with Power Quality disturbances in Industry (more specifically of four typical and most common voltage interruptions). The survey was conducted in different companies from different industrial sectors. Although Power Quality Costs estimation was the main issue of the survey, several other issues...
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