Write up Essay Example | Topics and Well Written Essays - 750 words

Write up - Essay ExampleThe focus of the company was to provide an throughout package of medical device contract manufacturing services. MDCM was renowned for its ability to produce highly customized versions for unique applications of specialized equipment, self designed and fabricated, used in the host of medical devices.MDCM is one of the largest companies in the contract manufacturing and packaging services sector of the medical devices industry. The firms success can highly be attributed to its finale partnership with its customers that had produced tremendous customer satisfaction.MDCMs record of winning over customers have guide to its tremendous growth which allowed the company to expand and grow its geographic reach through acquisition within the country and now the company derived 40% of its revenues from eight of its largest accounts.Today despite the victory the company has achieved over the historic decades, the evolving and unpredictability and high level competency in the global market, the company had announced its fifth consecutive quarterly loss with net losses amounting to thirty three million dollars. Despite the acquisition and expansion the company was non able to catch up to the global capabilities of other competitors that called for changes in growth strategy. The expansions and acquisitions could not be realized since the company has let these companies operate on their own believing that by letting these acquired companies operate on the basis of self self-direction to better cater to the local customers. Thus there was no unified organization for the global MDCM Corporation that would have let it operated under one system of standard operations and procedures leading to a worst operating and profit margins. There was poor coordination since the all other companies under the corporation operates independently that led to poorly controlled unified operations.The MDCM Inc. falls under the quadrant, responsive