The top three productivity killers: Too much time and money wasted searching for the latest information. Without a solution that keeps everyone and everything connected, organization is vulnerable to the common issues that plague product development teams. But, why does that matter? What’s the real value in creating a central hub of product intelligence? It all comes down to productivity.
In the world of product development, and specially management requirement, one may hear a lot about building a “central repository” or a “single system of record”. In this paper, it has been tried to investigate the different aspects of silo effect which can affect integrate supply chain.įinally, a fluent communication, high level of information exchange, fragmentation management, cross-functional control in a supply chain management format are needed to reduce or control silo effect within entire chain of the holding company by Supply chain management. That is why recently supply chain has generated much interest in many business units. Otherwise, actions taken by one business member of the chain can influence the profitability of all the other members in the chain. Due to eliminate a part of resources such as raw materials, new molecule developed, financial and human resources and so on, companies can gradually loss their competitive potentials in the market and increase their expenses.įurthermore, to avoid any business disturbances in financially connected companies due to silo effect, they should arrange their management to integrated organization form. So these kind of companies need to cope with several barriers such as silo mentality that may affect efficiency of their business activity. Pharmaceutical industries are not exceptional and further are based on fragmentation. To be sure, all the industries try to be involved in globalization with a constant trend to find out ways to increase productivity across different functions within an organization to maintain competitive advantage world.
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