Question
List those technologies you recommend be implemented by Madison Drug Company over the next three years, explaining and justifying your selections. Remember, you need to
List those technologies you recommend be implemented by Madison Drug Company over the next three years, explaining and justifying your selections. Remember, you need to stay in budget (2.5$) and all projectsneed to be done in a three year time period. Be sure to link your set of implemented projects back to the capability map provided in answering the second question. Then, provide a diagram that provides a project plan indicating the sequence by which the selected technologies would be implemented over the three-year period, being sure to explain the reason as to why you have sequenced these implementations in this fashion. Be sure to link this explanation to expected project risk levels (as reflected in outcome specification uncertainty and extent of organizational change).
Capability Map for Madison Drug Company prior to JIT implementation:
Business Model: Madison Drug Company operates in the pharmaceutical industry, manufacturing and distributing prescription drugs and over-the-counter medications. Their business model is based on high volume production and distribution of drugs to a wide network of retailers and pharmacies.
Financial Objectives:
High sales volume Low production costs Profitability
Customer-Focused Objectives:
Consistent quality of drugs Timely delivery to retailers and pharmacies Reliable customer service
Organizational Capabilities:
Efficient production processes Supply chain management Quality control Customer service
Value Discipline: The best value discipline that represents Madison Drug's business model is Operational Excellence. Madison Drug's success is largely dependent on their ability to produce and distribute high-quality drugs at a low cost, which requires efficient processes and supply chain management. They prioritize efficiency and cost-effectiveness to provide value to their customers and maintain profitability.
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