Professional Documents
Culture Documents
Ranbaxy
ACKNOWLEDGEMENT
project
guidance during my project work I also like thank to all the staff
Nagpur.
project. Last But not least, I feel proud to express my deep gratitude to
been employed.
Table of contents
1. Introduction
3. Industry profile
4. SWOT ANALYSIS
Customer Care is a theme that runs through everything we do, it is at the heart of
employees of the Ranbaxy to provide the personal touch that makes the
customer comfortable.
The definition of a 'customer' according to the Concise Oxford dictionary can be:
Ranbaxy offers a range of services; we also offer services that our customers do
have to deal with’. We must define our customers as our community and our
The definition of 'care' according to the Concise Oxford Dictionary can be:
To achieve this we must feel concern for, and interest in, our customers both
internal and external. This strategy is designed to ensure that we will provide
excellence in Customer Care, that we are all able to put people first, able to show
interest and concern for our customers regardless of the Ranbaxy service that
they are using. This is linked closely with the Ranbaxy's Comprehensive Equality
Policy.
Day to day communication such as the image projected over the telephone or in
letters and how we speak to our customers is critical to the way in which the
Ranbaxy is perceived and will affect the value placed on our services.
ensure they reflect our Customers’ needs. These will be a framework for all
services but will recognise that services may need to set up their own Customer
or time period.
to build upon the skills our employees have, whilst providing them with access to
the latest training, enabling them to deliver excellence in Customer Care in their
jobs.
3. Continue to develop the way in which we evaluate what our customers think of
This strategy will provide us with the infrastructure to maintain a high level of
Customer Care that is responsive to the experiences that our customers have.
to provide our customers with the best and most cost effective Customer Care.
one part of the Ranbaxy will affect the reputation of all services.
It is also important to remember that a large number of our services are provided
that our Customer Care Standards and Strategy are focused on internal
medicines. Ranbaxy is ranked amongst the top ten global generic companies
and has a presence in 23 of the top 25 pharma markets of the world. The
company. Ranbaxy exports its products to 125 countries with ground operations
Company Profile
Founded : 1961
Industry: Pharmaceutical
Websites: www.ranbaxy.com
professionals and patients across geographies. Ranked 8th amongst the global
top 25 pharmaceutical markets of the world. The Company has a global footprint
In June 2008, Ranbaxy entered into an alliance with one of the largest Japanese
generic pharmaceutical powerhouse. The combined entity now ranks among the
Ranbaxy in a higher growth trajectory and it will emerge stronger in terms of its
company aspires to be amount the top 5 global generic player and aims at
Financials
Ranbaxy was incorporated in 1961 and went public in 1973. For the year 2008,
4%. The Company has a balanced mix of revenues from emerging and
developed markets that contribute 54% and 39% respectively. In 2008, North
followed by Europe garnering US $ 330 Mn. Business in Asia is going strong with
key markets through organic and inorganic growth routes. Growth is well spread
R&D
Ranbaxy views its R&D capabilities as a vital component of its business strategy
started its research program in the late 70's, in support of its global ambitions. A
first-of-its-kind world class R&D centre was commissioned in 1994. Today, the
facilities for generics research and innovative research. The robust R&D
environment for both drug discovery and development reflects the Company's
commitment to be a leader in the generics space offering value added
The Company has signed collaborative research programs with GSK and Merck.
People
set new global benchmarks. Driven by the passion of its over 12,000 strong
Ranbaxy was started by Ranjit Singh and Gurbax Singh in 1937 as a distributor
portmanteau word from the names of its first owners Ranjit and Gurbax. Bhai
Mohan Singh bought the company in 1952 from his cousins Ranjit Singh and
Gurbax Singh. After Bhai Mohan Singh's son Parvinder Singh joined the
and scale. In 1998, Ranbaxy entered United States, the world’s largest
pharmaceutical market and now the biggest market for Ranbaxy, accounting for
28% of Ranbaxy's sales in 2005. Ranbaxy is also one of the world's top 10 in that
international patent law at the beginning of 2005, Ranbaxy has begun converting
this effort has been the establishment of the company's own research and
development center, which has enabled the company to begin to enter the new
chemical entities (NCE) and novel drug delivery systems (NDDS) markets. In the
mid-2000s, the company had a number of NCEs in progress, and had already
registering a growth of over 17%. Growing ahead of the market the Company has
enhanced its competitive position in the domestic market through its focused
business strategy that will provide the company with a sustainable, long-term
competitive advantage. The robust R&D environment within the company for
both drug discovery & development and for generics is designed to bring into
in media
Media Relations
Ranbaxy Laboratories has not only reemerged on the horizon today with its new
Briefing the media on their future plans, Malvinder Mohan Singh, and Shivender
Mohan Singh, promoters of Ranbaxy, said earlier their focus was on the health
care sector with particular emphasis on health care delivery but now, with the
new acquisition, they were entering the laboratory testing business in a big way
It has the potential to fully exploit opportunities for growth in the clinical testing
South Asia offering an extensive range of diagnostic tests. With the backing of
four full-fledged testing facilities in Mumbai, Delhi, Mohali and Banglore, the
company plans to increase its presence from 215 to over 400 towns with the
number of collection centres going up from the existing 500 to 2,000 across the
country.
As these centres would be connected with the laboratories' network, the delivery
of the results of the diagnostic tests would be much faster, depending, of course,
He said the clinical reference laboratory today was developing and providing
incisive diagnostic, prognostic and monitoring tests and services of the highest
quality to doctors and patients. It had first class facilities in India to have
It aimed at upgrading and developing the market utilising the world gold
with ethical standards and care as its core value. The laboratory which
conducted four million tests at present would have the capacity to carry out 25
million tests annually. The company would provide services of worldclass tests at
2) Strong brand building capabilities, reflected in the fact that 20 brands feature
in the 300 brands of the Industry” list. The leading 5 brands are Sporidex
Volini
across India, and an excellent franchise with both Generalists & Specialists. This
by customer
excellent customer relationship with the medical fraternity. More than 2000
Aspirations by 2012
products that enable people to live healthier and fuller lives, but also in giving
back to the society.At Ranbaxy, Corporate Social Responsibility and concern for
products that enable people to live healthier and fuller lives, but also in giving
Ranbaxy Community Health Care Society (RCHS), the Company's apex CSR
education including AIDS awareness. The Services are delivered through six
well-equipped mobile healthcare vans operating in the Indian states of Punjab,
During the year, community health was monitored through regular mobile field
clinics and home visits. The twilight (old) areas witnessed a further reduction in
the Birth Rate (BR) and Infant Mortality Rates (IMR) and no maternal death was
reported. In the intensive (new) areas too, IMR showed a further decline and the
Maternal Mortality Rate (MMR) came down to nil, although there was not much
drug manufacture and technology. A highly organized sector, the Indian Pharma
annually. It ranks very high in the third world, in terms of technology, quality and
Playing a key role in promoting and sustaining development in the vital field of
medicines, Indian Pharma Industry boasts of quality producers and many units
associated with this sector have stimulated, assisted and spearheaded this
dynamic development in the past 53 years and helped to put India on the
The Indian Pharmaceutical sector is highly fragmented with more than 20,000
registered units. It has expanded drastically in the last two decades. The leading
250 pharmaceutical companies control 70% of the market with market leader
holding nearly 7% of the market share. It is an extremely fragmented market with
The pharmaceutical industry in India meets around 70% of the country's demand
tablets, capsules, orals and injectibles. There are about 250 large units and
about 8000 Small Scale Units, which form the core of the pharmaceutical
industry in India (including 5 Central Public Sector Units). These units produce
consumption by patients and about 350 bulk drugs, i.e., chemicals having
most of the drugs and pharmaceutical products has been done away with.
Manufacturers are free to produce any drug duly approved by the Drug Control
industry in India has low costs of production, low R&D costs, innovative scientific
The Pharmaceutical Industry, with its rich scientific talents and research
pharma companies are vying for the branded generic drug space to register their
companies in the US and Europe and many others are raising funds to do so. For
GSK's generic business Allen SpA in Italy. Dr Reddy's acquired German generic
STRENGTHS:
Very low level of Biotechnology in India and also for New Drug Discovery
Systems.
Low level of strategic planning for future and also for technology
forecasting.
OPPORTUNITY:
Growing incomes.
Globalization
The Customer Care strategy 2003-2006 will support the authority in achieving its
strategic aims and improving the quality of life for everyone in Ranbaxy. The
the district
The main challenges that the Corporate Customer Services team will be able to
practice in our own service areas of Web enquiries, Reception and Switchboard
Care for those with special needs with the Equalities Officer and Steering Group
Care
The strategy has been devised and prioritised using the following sources of
information:
The strategy is directly linked with this information. The Ranbaxy needs to have
the right standards, training and development and customer feedback to allow us
continuous improvement.
Over the next three years we will be seeking to implement a simple, co-ordinated
delivering our Customer Care standards on a consistent basis in all services that
our community can place trust in. Additional service commitments or targets may
supplement these standards. The Customer Care standards, however, may not
• Employees well trained in Customer Care, confident to deal with all our
range of tools, on a continuous basis. This will allow us to recognise how and
The Corporate Customer Services team will manage the strategy but it will only
be fully effective with the support of all effected by the policies and procedures
developed to achieve the goals stated above. Timescales have been assigned to
key work elements of the strategy but these will be flexible based on the
The chart on the following page illustrates the Customer Care Strategy and its
To develop simplified Customer Care standards for the Ranbaxy. These are the
Ranbaxy's values that will create satisfied customers, internally and externally.
that we can be responsive to the individual needs and wants of the customer at
the time. This is often reliant on the level of care shown by the employee. We
therefore aim to standardise the skills and knowledge that sit behind the service
delivery process. We will ensure that these standards are continually reviewed
It is important to note that the Ranbaxy's Customer Care Standards apply to all
our services. However the Customer Care standards are also a framework that
We are able to manage our customers' expectations by the standards we set for
ourselves. By setting and meeting our Customer Care standards our customers
are more likely to hold the values we want them to have in dealings with us, this
Orders and must form part of the evaluation criteria for appointing a contractor.
Contractors must be required, under contract to meet the standards that we have
established.
Area Action Points
Review of Customer Care Standards 1. Survey Customers
2. Staff Workshops
standards
Team
Review Committee
Standards
2. Production of 'Putting People First
Leaflet'?
4. Press release
5. Outlook
6. NHDC News
8. Promote to Partnerships
9. Promote to Contractors
Procurement Guide.
On-going Revision of Customer Care 1. Survey Customers – annual through
trends
needs
Customer Care Skills & Knowledge
to equip our employees with the skills and knowledge they require to meet the
Ranbaxy's Customer Care standards. The training will progress from Induction
Public service employees can often come in to contact with customers that are in
distress and angry sometimes at having to comply with legislation we have a duty
to enforce. We must equip our employees with the skills they need to deal with
such sensitive issues so that the highest level care is given to our customers.
important thing is how we go about fixing the problem and the Customer Care
skills that are used in service recovery and making a change to ensure that the
officer evaluate companies on the basis of the Customer Care training that they
2. Establishment of modular
programme to cover:
Resources
Steering Group)
Staff Training
Manager Training
Risk Manager)
Standards
2. Feasibility of Corporate Membership
Resources)
Development of Customer Care 1. Further development of Customer
Resources)
Customer Experience Management
must establish what they expect and whether we meet those expectations. It is
access to the tools that are needed to deliver better Customer Care.
Specific action will be taken with the Equalities Officer to ensure that the views
Committee
Performance Report
Committee
Telephone Mystery Shopping – 2. External
quarterly programme
on areas of concern
Outlook
Customer Care:
a) Complaints
c) Equal Access
a) Citizen Panel
Equalities Officer
Partnerships
contractors
Customer Relationship Management 1. Purchase new telephone system that
relation to IT strategy
be covered
Website Feedback 1. Develop Customer Care
Directorates
business areas
reporting
Report
Comment Cards 1. Integrate Comment Card reporting