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King pharmaceuticals, inc

King Pharmaceuticals, Inc. (KG) SWOT Profile—Aarkstore Enterprise Market Research Aggregation

Summary
King Pharmaceuticals, Inc. (KG) SWOT Profile is a comprehensive business, functional and strategic analysis of King Pharmaceuticals, Inc.. The profile delves into the operations of the company to present an in-depth analysis of the various aspects related to its business. It analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, executive biographies and key competitors. The hallmark of the profile is the detailed strategic analysis of the company. This highlights and presents an unbiased view of its key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by understanding your partners, customers and competitors better.
King Pharmaceuticals, Inc. (King) is an integrated pharmaceutical company engaged in the development, manufacture and marketing of branded prescription pharmaceutical products and animal health products. It develops therapies and technologies to the markets including neuroscience, hospital and acute care medicines. Its branded prescription pharmaceuticals consisting of nueroscience products, hospital products and legacy brands.

Key Recent Developments

Apr 15, 2010: King Pharmaceuticals Introduces New EpiPen Auto-Injectors
Mar 17, 2010: King’s Subsidiaries Finalize Civil Settlement With US Department Of Justice
Feb 09, 2010: King Pharmaceuticals Names Two New Members To Its Board Of Directors

Scope

– Examines key information about company for business intelligence.
– The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented objectively. Business, strategic and operational aspects are taken into account.
– Opportunities available to the company are sized up and its growth potential assessed. Competitive and/or technological threats are highlighted.
– The profile contains valuable and critical company information – business structure and operations, the company history, major products and services, prospects, key competitors, key employees, executive biographies, important locations and subsidiaries.
– The profile provides detailed financial ratios for the past five years as well as interim ratios for the last five interim periods for major public companies.
– Financial ratios presented for major public companies include revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.

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It basics for an evolving company

It Basics For An Evolving Company

Information Technology, also known as IT, has become a widely-used and all-encompassing term for computer systems that are designed to store, analyze, organize and acquire useful information. When used correctly, IT can be a very useful tool in the business world. The trick is to find IT that makes business simpler rather than more complicated. The following article outlines several criteria you should look for in IT products and the companies that sell those products. If they meet these standards, you will have a much better chance of being satisfied with your investment.

Business Savvy Professionals
Many IT businesses are experts in their field, but completely inexperienced in business. Unless you have the time to earn your own degree in IT you need them to be experts in their field and products, but additional business expertise is helpful because it allows them to evaluate your business needs. Unless they understand what you do, how you do it and why you do it, matching up the best IT solutions with your needs will be a difficult task.

Simple Technology
Bells and whistles can be cool on a car or a T.V., but IT systems are designed for efficiency; not show. The easier it is to use your system, the easier it will be to train new employees and incorporate the technology into your daily business activity. Keep it simple and you will avoid a lot of headaches.

Excellent Customer Support
Good customer support with IT systems goes beyond installing the system and teaching you how to use it. If your business is going to depend on that technology, you need to be able to depend on the IT company that sold it to you for continual service. With so many complex programs being designed every year, occasional bugs are bound to crop up every once in awhile. If a bug knocks out your IT, you will need repairs and other service as fast as possible to get on track again. You might not understand how to build IT systems yourself after reading this article, but at least you have some guidelines to follow as you shop for the right technology.

Integrating six sigma and the lean manufacturing process

Integrating Six Sigma and the Lean Manufacturing Process

The lean manufacturing process and six sigma should be used together in order to have the most effect in the bottom line of a business. By combining resources and integrating programs, more can be accomplished with less expenditure of time and money.
Are they competitors?
Six sigma consultants sometimes tend to have an elitist strain, with black belt experts poring over numbers and engaging in long term projects that can be quite far removed from the shop floor. Many lean manufacturing programs, such as those centered on Kaizen events, place an emphasis on teamwork. A recent book, “The Perfect Engine,” by Anand Sharma and Patricia E. Moody, highlights the benefits of joining forces in a sort of Lean-Six Sigma approach.
When most companies begin their lean manufacturing process, they begin with programs such as 5S, and Kaizen blitzes in order to reduce waste. Once these wastes were eliminated, a need is revealed to address the underlying problem. The need to some kind of measurable, statistical method soon becomes apparent and this is where the marriage of lean and six sigma can make such a difference.
How does it help to join together?
By combining methods, results are improved as baseline levels of performance are established. Now statistical tools can be used to ensure the greatest impact.
Now that the lean manufacturing process has revealed the shortcomings, Six sigma offers a way to solve the problems in a sequential, procedural manner. By using the DMAIC cycle (design, measure, analyze, improve, and control), realistic solutions to chronic problems can be applied.
In this way, the root cause of the problem is much less likely to be overlooked, and long term, ongoing solutions can be logically applied and progress measured.
One needs the other
If you just reduce waste you may not ever get to the underlying cause, and if you just do Six sigma, you may never maximize the full potential of your organization. Six sigma really needs lean to enable it to perform optimally.
One of the characteristics of six sigma is it’s ability to link programs together so they work in as a flow, rather than disconnected, stand alone tools.
Top management needs to be involved
Six sigma black belts must not be allowed to engage in months long programs that will not have any impact on the bottom line of your company. It can and does happen that vast amounts of time and money are spent on well-meaning programs that just don’t touch the bottom line.
On the other hand, chronic, deep seated problems cannot be solved by intuitive, short-term 5S and Kaizen programs.
By having top management working to put these two complimentary programs on the same team, you operations will run more efficiently and your profits will increase.