Designing an for API ABC Model Cover Story Manufacturing Unit

Abstract

An ABC model is a manifestation of a living organization. To represent the organization over a period of time it needs to adapt and the information it reports need to be accurate in the face of rapid changes. The objectives behind design of an ABC model is to provide meaningful and timely information for strategic decision making, cost improvement and control and compliance with statutory requirements. Indian API manufacturers can emerge as one of the leading exporters of APIs and intermediates, and recover lost ground to other competitors provided they are adhere to right quality and economies-of-scale. Improved capacity utilization, gradual reduction of cost and lead times&improved inventory management hold the key to sustainable API manufacturing.