This paper recommends strategies that should be taken by Acme Manufacturing Company, a drug manufacturing company.
Written in 2004; 850 words; 3 sources; MLA; $ 30.95
Paper Summary:
This paper explains that full-time employees may become more difficult to find as unemployment drops; therefore, Acme needs to explore all avenues for labor access, such as outsourcing. The author points out that the company should develop retention plans to retain existing employees because turnover is very expensive due to retraining costs. The paper states that the FDA issued guidance to the industry on the use of new quality-testing technologies, which Acme should consider.
From the Paper:
"The FDA's new initiative will focus oversight only on the plants and processes that are more at risk for errors that affect patient safety as opposed to older practices of scrutinizing all production steps. The FDA is also seeking to minimize the number of production changes requiring advance approval and is planning to let companies submit interim manufacturing specifications for drugs. All these efforts open the door for the pharmaceutical industry to bring their manufacturing techniques in line with best-of-class operations in other industries. Given the tremendous numbers of recalls and rework and waste, there are ample opportunities for process improvement. For example, the FDA reported 354 prescription-drug recalls in 2002, almost double 1998 numbers. Five to ten percent of medicine that's produced has to be reworked or discarded compared to 0.0001 percent in the semiconductor industry."
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "Acme Manufacturing Company", Essays on "Acme Manufacturing Company", Research papers on "Acme Manufacturing Company", Student papers on "Acme Manufacturing Company", Book reports on "Acme Manufacturing Company", Dissertation on "Acme Manufacturing Company", Thesis on "Acme Manufacturing Company", Summary of paper on "Acme Manufacturing Company", Articles written on "Acme Manufacturing Company".
Look for more research papers, essays and book reports on