Name Rebecca Zong NetID rzon531 Group Number: 243 Website Link: http://infosys1102014s1grroup243.blogspot.co.nz/ Tutorial Details Tutor: Day: Time: Kit wah Huang Wednesday 1pm Time Spent on Assignment: 30 hours Word Count: 1316 words
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2 PREVENTION OF ACCIDENTAL OVERDOSE OF PRESCIPTIONAL DRUGS INTRODUCTION Overdose of drugs is a worldwide problem and the cause of an increasing number of deaths. An overdose of drugs occurs when the drug is taken in amounts too large for the body to handle, and can result in heightened side effects, permanent damage to the body and, most seriously, death. Although a lot of drug overdoses are done intentionally, a lot more are unintentional. 30,006 of the 38,329 deaths by drug overdose in the United States in 2010 were accidental (CDC, 2014). While intentional overdoses of drugs cannot be controlled, there is a way to prevent the deaths caused by the unintentional overdose of drugs. An appliance can assist in making sure the amount of medicine taken at any time is safe for the human body. 3. BUSINESS SECTION 3.1 Vision Reduce the amount of accidental prescriptional medication overdoses by providing an easy- to-use device that can help people reduce the risk of accidentally taking too much of their medicine. 3.2 Industry Analysis: Medical Technology Industry Industry: Medical Technology Industry. Technology that deals with problems in health and medicine. Force: High/Low: Justification: Buyer power: High There are many large companines operating in medical technology. There are also few customers since the main customer is the
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3 government which then supplies hospitals. Although the demand for medical technology is high and growing, it is difficult to Supplier power: Low There are quite a few suppliers which can supply high quality parts to make the product.
Threat of new entrants: Low The medical technology industry involves researching, developing and manufacturing the technology, so it would require a considerable amount of money and time to start up a new business in this industry. Threat of substitutes: Low For a lot of medical technology, there is no cheaper substitute which can be used. The latest medical technology is a basic requirement in many places since it can function more easily and effectively and employees are trained to use it. For example, new technology has allowed full- body surgery to be replced by minially invasive surgery (Eucomed, 2013). Rivalry among existing competitors: High Since there is a high number of large companies in medical technology, competition is high to get government contracts accepted. Overall attractiveness of the industry: Unattractive. Not only is this industry difficult to get into, but there are also many established companies to compete with. There arent many substitutes, so if a company is able to get customers for their products, it will be able to do
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4 quite well. Innovation is an important aspect of the industry, as it differentiates the company from the rest and allow it to break into the market. 3.3 Customers and Thei r Needs The direct customers are hospitals and pharmacies working under the government, who will pass the product on to people on prescription medication. These people may have difficulty making sure they take the correct amount of medication at the right time, for example, elderly people who easily forget, and may need to make sure other people who arent supposed to take their medication dont accidentally do so, like a household with young children who could mistaken it for candy. 3.4 The Product and Service The product is a device that dispenses medication at the setting a doctor puts it at. It prevents people from accidentally taking too much medicine by only dispensing the correct amount of medication to be taken and only at certain time intervals. There are child- proofing functionalities to prevent children from taking it by mistake. 3.5 Suppliers and Partners The suppliers are companies that can provide the parts needed to make the product. Working together with hospitals and doctors will be needed so that the device will be made as they need it and so that people could be trained to use the device. Partnering with medical technology assosciations could help the company be more recognised and overseas distributors to broaden the companys market. 3.6 Strategy: Focused High Cost The market is narrow since medical technology is will be mainly purchased by government for hospitals and doctors. The product will be high cost because it costs a lot to manufacture quality pieces of technology. Our device to prevent drug overdose is fairly simple comapred with some of the
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5 other medical technology, but it needs to be of high quality so that it is accurate and will not fail, so more money will go into its manufacture. The overall strategy is therefore Focused High Cost. 3.7 Value Chain Activity: Technology Development The most important value chain activity for this business is Technology Development Research and development is required to develop the companies technologies to make sure the technology is meeting the customers needs. 3.8 Business Processes 3.8.1. PRODUCT TESTING PROCESS It is important for the device to work exactly as it should since people are relying on it to work properly and it could cost lives if something goes wrong. The product testing process will first receive the device after it has been completed and test it in various situations to make sure it works fine. Devices that do not pass the test will be discarded while the ones that do can be moved on to be packaged and sent.
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3.8.2. PRODUCT SERVICING PROCESS Because it is important for the product to be working correctly, there is also the requirement for the product to be checked up on. The product will be tested to make sure it still performs its functions correctly and taken back to be fixed or replaced if necessary.
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8 3.9 Functionalities 3.9.1. PRODUCT TESTING PROCESS Check product works properly Receive feedback on how the product could have malfunctioned 3.9.2. PRODUCT SERVI CING PROCESS Check an already distributed product works properly Receive feedback on how the product could have malfunctioned 3.10 Systems
3.10. 1. CUSTOMER RELATIONSHI P MANAGEMENT SYSTEM The system will receive feedback and questions from customers that the company can respond to them and address any issues. 3.10. 2. QUALI TY TESTING SYSTEM The system will monitor the testing process to make sure all areas that need testing are covered and any faults or improvements can be quickly saved so that they can be addressed. 3.10. 3. PRODUCT TRACKI NG SYSTEM The system will keep track of where each product was distributed to and when so that the company can know when they should check up on a specific product to make sure it still functions correctly.
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9 3.11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Bavarian bergkase fromage queso 1. Product testing process 1. Check product works properly.
2. Receive feedback on how the product may have malfunctioned. Quality testing system
Decision suppport system 2. Product servicing process 1. Check product works properly.
2. Receive feedback on hwo the product may have malfucntioned. Quality testing systme Product tracking system Decisioin support system Customer relationship management system
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10 CONCLUSION The company will provide a product that hopes to prevent accidental overdose of prescription drugs and reduce the number of deaths and hospital admissions due to drug overdose. Information systems allow the company to make sure the product works as it should and provide timely servicing to prevent it from malfunctioning. This would be able to partially solve the problem of drug overdoses.
REFERENCES
1. CDC. (2014). Prescription Drug Overdose in the United States: Fact Sheet. Retrieved from http://www.cdc.gov/homeandrecreationalsafety/overdose/facts.html. 2. MTANZ. (2011). Medical Technology Industry Sector Blueprint 2011. Auckland: Author. Retrieved from http://mtanz.org.nz/filescont/MTANZ%20Survey%20Report%20Pages-web.pdf. 3. MTANZ. (2010) Medical Technology: A guide to market access in New Zealand. Retrieved from http://mtanz.org.nz/filescont/MTANZ%20A%20guide%20to%20market%20access%2 0FINAL.pdf. 4. Eucomed. (2013) How does the future look for the medical technology industry? Retrieved from http://www.eucomed.com/medical-technology/industry