Becton Dickinson Company

Thèmes abordés

Becton Dickinson Company, Jerome Monnot

Résumé du document

We have had the opportunity to have a presentation by Jerome Monnot about the BD Company. He has presented us the business of the company and its core value. He has also explained us how the supply chain works for a medical technology company. In this report, I will present you the business of BD and the supply chain. BD is a American medical technology company. The company provides healthcare institutions like Hospital and clinical laboratories, life science researchers and public industry. The company doesn't sell medicine but BD manufactures and sells several ranges of medical supplies, laboratory equipment and diagnostic products.

BD was created in 1897 by Maxwell W. Becton and Fairleigh S. Dickinson. The same year, the two businessmen sold a Luer all glass syringes at 2.50$. Then, the company acquired its first patent for a medical product. In 1904, the company acquired the Philadelphia Surgical Company. Thanks at this
acquisition and the next ones, BD expanded its manufacturing ability and products offering. Two years later, BD built a manufacturing in the State of New Jersey and has created a specific production of thermometers, hypodermic and syringes. In 1906, the company has introduced in the market the BD "Yale Luer lok syringes. This new method provided a simple and secure way of attaching and removing the needle to and from the syringe. Today, Luer Lok is use as standard for the syringe in the United States.

Extraits

[...] BD Medical is the segment make the most money return. The revenue of this segment is of $ 4.007 billion. This unit delivers refillable devices, infusion, diabetes delivery and prefilled flush. BD Medical is the leader in the world for delivering medical devices to the suppliers and is also leader in innovation injection and infusion drug delivery since 1906. BD Medical is focus on supplying innovative solutions to decrease the spread of infection, improve diabetes treatment and raise drug delivery. [...]

[...] Over the years, BD Company has developed more and more its segment thanks at acquisition of patents or partnership with other companies. Furthermore, BD became the first company to introduce a safety engineered syringe thanks at the acquisition of the Beaver Blade Company in 1988. In 2005, BD Company was selected as a component of the Dow Jones Index North America. Since 2007, the Company has included in the Dow Jones Sustainability World Index. Over the years, the turnover of the company increased. [...]

[...] The company tries to improve the lives of people in manufacturing and selling medical devices. Becton Dickinson has developed a strategy based on sustainable development. The quality of their products and services allow at the company to become leader in the market. Indeed, the core values of the company it's well apply in the supply chain. As we saw before, Becton Dickinson received a reward for its efficient supply chain because the company is based on value and consistent delivery of its quality value. [...]

[...] The way how act Becton Dickinson and the quality of its products and services are important for the company. Indeed, the organization base it strategy on the superior quality. In order to deliver quality products and services, Becton Dickinson improve continually itself by evolving, manufacturing and supplying products and services better than its competitors and superior of its previous products and services. According Jerome Monnot, are dedicated to consistently delivering high-level reliability in the form of quality, service and customer relationships.” Another important aspect of Becton Dickinson is it supply chain. [...]

[...] The company provides healthcare institutions like Hospital and clinical laboratories, life science researchers and public industry. The company doesn't sell medicine but BD manufactures and sells several ranges of medical supplies, laboratory equipment and diagnostic products. BD History BD was created in 1897 by Maxwell W. Becton and Fairleigh S. Dickinson. The same year, the two businessmen sold a Luer all glass syringes at 2.50 Then, the company acquired its first patent for a medical product. In 1904, the company acquired the Philadelphia Surgical Company. [...]