Value Chain For Mc Kesson Provider Technologies (Mpt)

807 words - 3 pages

Value Chain for McKesson Provider Technologies (MPT)
The value chain is made up of the input of information or materials flowing down to the output of the final product that is used by the consumers. MPT is a manufacturer of capital equipment and information systems in the Healthcare industry that is focused on reducing costs while also adding value to consumers in the industry. MPT markets to IDMs, hospitals, physician practices, home healthcare providers, retail pharmacies, and payors in the healthcare industry. The inbound logistics at MPT consists of the research and development of computer technology and installation methods to information processing needs of our consumers. Information must be gathered on the needs of consumers and then systems are built to meet individual needs. The systems equipment is typically put together at the customer site by consultants and/or employees of our organization. Outbound logistics includes the distribution of technological components such as computers, hardware, software, or robotics. According to McKesson’s annual report, MPT provides hardware and software to over 70% of the hospitals in the US that have greater than 200 beds. Value is further provided to our customers through consulting, implementation, support, and services that are provided to complement our products. Marketing and sales are done via client executives that are assigned to each of the customers. These representatives generally form an in depth and lasting relationship with customer contacts so that they can appropriately assess their needs and wants.
My role at MPT
I am a part of the accounting/finance group at MPT. My role began in a department call Contract Operations; this is the group that enters all of the contracts into SAP after they have been signed and sent up by the sales organization. Other aspects of this position included: ensuring correct revenue recognition, auditing setup of contracts by team members, integration of acquisitions into SAP, etc…
I was in this department for a little over two years when I decided that I needed something new and transferred to the Accounts Receivable department. This move was definitely the best career move that I have ever made. We get to interact with customers and employees of the organization on many levels in order to ensure customer satisfaction with our billings, processing of amendments/credits in a timely manner, business unit awareness of customer disputes, or just to create a positive perception to our customers. In this department we use SAP, Lotus Notes, Business Warehouse, and other smaller applications for financial analysis, knowledge sharing, reporting, customer reporting, and process flows.


Five Competitive Forces at MPT

Advantages/Disadvantages because of information systems/technology
ADVANTAGES...

Find Another Essay On Value Chain for McKesson Provider Technologies (MPT)

Standardization of Healthcare Supplies in Healthcare organizations

1244 words - 5 pages . Journal of AHIMA Focus. McKesson Provider Technologies-solution: Resource Management. Retrieved May 21, 2005 From (http://www.infosutions.mckesson.com)Meadows, M. (2005). Product Standardization Committee.Standardization. Retrieved May 21, 2005 From (http://www.inhcc.com)

Pireli Essay

3914 words - 16 pages Improving product environmental impact at all life cycles is an important topic for manufacturers of Hi-Tech products. The end-of-life is one stage of the life cycle stages gaining attention in the public realm and in the market. Companies must understand how to improve their products so that the environmental impact will be lower at the end-of-life while also minimizing costs. Environmental value chain analysis is based on the concepts of

The World of Telecommunications

4691 words - 19 pages Central, a provider of data base services, hires overseas workers primarily in Ireland, the Philippines, and South Korea to enter documents in its data bases. There are now at least seventy U.S. data processing firms with overseas facilities. In the short run, these clerical jobs offer attractive employment opportunities for developing countries, particularly those such as the Commonwealth Caribbean countries and the Philippines with relatively

Communications Technology: Global Information Infrastructure

4627 words - 19 pages entrepreneurs around the world. For consumers, they offer more choice and lower prices because there is no overhead cost for sales clerks and order takers. Yet these changes pose threats to traditional businesses as well as to employees. Increasingly, companies that want to compete on price will have to "work smarter" to reduce costs and respond to market changes, while others will have to rethink how to add value to attract customers. High levels of

Communications Technology: Global Information Infrastructure

4775 words - 20 pages Central, a provider of data base services, hires overseas workers primarily in Ireland, the Philippines, and South Korea to enter documents in its data bases. There are now at least seventy U.S. data processing firms with overseas facilities.In the short run, these clerical jobs offer attractive employment opportunities for developing countries, particularly those such as the Commonwealth Caribbean countries and the Philippines with relatively high

Communications Technology: Global Information Infrastructure

4395 words - 18 pages entrepreneurs around the world. For consumers, they offer more choice and lower prices because there is no overhead cost for sales clerks and order takers. Yet these changes pose threats to traditional businesses as well as to employees. Increasingly, companies that want to compete on price will have to "work smarter" to reduce costs and respond to market changes, while others will have to rethink how to add value to attract customers. High levels of

Porter’s Five Forces of the Government Contracting Industry - UMUC - MGMT Org Theory & Behavior - Research Paper

1133 words - 5 pages acquisition of goods and services from foreign governments and vendors is an option but impacts the government’s advantage since it poses a threat to the confidentiality and proprietary aspects of domestic technologies. Bargaining Power of Suppliers Porter argues that suppliers operating in concentrated industries have more bargaining power and are able to exert greater influence on the terms of the contract. Powerful suppliers capture more value for

Kuiper Leda - Supply Chain Defense

1235 words - 5 pages , an American manufacture, has placed a large order with Kuiper Leda. The company must identify its inventory and supply chain management style and the measures necessary to ensure that the order from Midland Motors and the demand from other clients is met.Kuiper Leda Supply Chain Defense"A truly integrated supply chain does more than reduce costs. It also creates value -- for the company, its supply chain partners, and its shareholders. The

Modern Portfolio Theory

4176 words - 17 pages particular stock. By investing in more than one stock, an investor can reap the benefits of diversification - chief among them, a reduction in the riskiness of the portfolio. MPT quantifies the benefits of diversification, also known as not putting all of your eggs in one basket. For most investors, the risk they take when they buy a stock is that the return will be lower than expected. In other words, it is the deviation from the average return. Each

House Energy and Commerce Committee, Subcommittee on Health: Examining Federal Regulations of Mobile Medical Apps and Other Health Software

624 words - 3 pages . Throughout this enormous time of growth, the Food and Drug Administration (FDA) has interpreted their 1970’s definition of a medical device to include these health technologies in their regulations. However, at a hearing in March 2013 on Health Information Technology, it became evident that there was a need for increased clarity on FDA regulation in this space in order to maintain patient safety. In September 2013, the FDA released guidance on

Does The Using Of Supply Hub Can Improve The Efficiency Of The Supply Chain?

2286 words - 10 pages safety stock throughout the supply chain.2.2 Current mode of operational for supply hubAs supply hub is a place where all the participating suppliers place their materials, the management of the hub requires expertise. The operation and management of a supply hub is generally handed over to a 3PL provider.The 3PL provider is required to locate the supply hub very near the OEM (Original Equipment Manufacture) or an EMS (Electronic Manufacturing

Similar Essays

Understanding Cervical Cancer Essay

819 words - 3 pages and signs of malignancy (Peterson). If the Pap smear shows more significant abnormalities, the health care provider will want to look at the cervix with a colposcope (a special type of microscope that allows the provider to examine the vagina and cervix). The earlier cervical cancer is diagnosed and treated, the greater the chances are that the patient will survive (McKesson Clinical...). Surgery may be used to remove tissues showing

Wipro & Nec Future Watch Essay

459 words - 2 pages value proposition demonstrated and implemented by Wipro Technologies by moving us up the value chain in terms of doing enhancement of NEC products. The net effect has been that NEC sees Wipro more as a partner than as a services provider.Presently more than 100 Wipro software consultants are providing NEC the best-in-breed software solutions through ShoreGain, Wipro's proven offshore-onsite delivery model. Wipro had established a dedicated ODC

Big Data: The Competitive Differentiator Essay

2046 words - 9 pages the rate and volume of sales and inventory. This put the responsibility of stocking back on Walmart’s suppliers, shedding any inventory risk the company might have had and driving a sizeable cost savings (Mayer-Schönberger & Cukier, 2013). Pharmaceutical distribution and healthcare technology company, McKesson, is another leader in the adoption of analytics to drive supply chain operations. The company developed a supply chain model to manage its

Exploring Trust Based Service Value Chain Framework In Tele Healthcare Services

806 words - 4 pages empirical model? Does the empirical evidence give you more or less confidence in the conceptual model, or is it indeterminate? Yes the match between the conceptual model and empirical model would be good option as they take Service value chain framework and trust together hence taking both customer and provider together as well as valuing the trust in according to the behaviour. The empirical evidence gives more confidence than the conceptual model