Introduction to MediCrystals Co Answer 1-BIA 674|ALL YOU NEED

Executive summary Introduction to MediCrystals Co. Medi Crystals Co. is a leading German pharmaceutical glass manufacturing company, having multiple manufacturing plants in Europe, America, and Southeast Asia. It has global customer base in around 120 countries. It offers solution for the entire range of basic volume tubular glass parenteral packaging. The company has 4 major products: o Ampoules o Vials o Cartridges o Sterile pre-fillable Syringes. Current Scenario background Major pharmaceutical firms need pharma glass products for the packaging of 2 billion doses of COVID-19 vaccines. The vaccine being developed currently can only be stored in glass vials. Medi Crystals Co. has signed agreements with many reputed pharmaceutical companies including Payima Biotec to supply its products. Opportunity: Once the vaccines gets approved, there would be huge demand globally to supply enough glass vials, syringes and ampoules. Challenges: MediCrystals needs to be sure that none of their suppliers are facing business continuity challenges due to the pandemic. VP operations wants to get analysis or insights for 3 critical areas: • Procurement analysis: Procurement team management has doubts that pandemic critical suppliers might be facing operational challenges due to pandemic. They want to identify the risk domain and risk factors. Also, they want to access the risk associated with suppliers using some risk score and to identify the suppliers which are in risk domain. So, management is looking to develop a high-level risk scoring m