Scaling New Heights for Business Agility through Digital Transformation

 

I’m pleased to invite you to our upcoming Scaling New Heights for Business Agility through Digital Transformation webinar series in September. Join this compact 60-minute complimentary session and hear from our industry experts as they exclusively focus on enabling digital transformation of the middle office - which is critical for all businesses because that is where revenue operations reside. In addition, you will discover more on transformational tools, techniques, software and advancements for optimum business agility.

Book your virtual seat and be prepared to take away key practices including:

• Why digital transformation is a priority for businesses to thrive?
• Planning, building and executing a successful digital roadmap
• Dissecting the pros and cons of adapting to digital transformation and its tools
• Comprehending the steps, procedures, actions and pitfalls to consider while making decisions on digital transformations strategies

Issues, Challenges and Opportunities in Oncology Production

 

We have 4 issues for discussion under this agenda.

 

Firstly, CEO is looking for costing of Oncology API as finished products so that we can set a price for selling it to other companies and also we can use as raw materials to be used in our Oncology Solid Facility (ROSF) for Oncology FG products. He suggested us yesterday to consider only variable cost. Could you please give us such costing for all available API under Oncology API Facility (ROAF)? Currently we have following 2 products in that facility for which we are interested to know the costing:

 

• Sorafenib Tosylate 3.0 Kg (SOT) 
• Sorafenib Tosylate INN 

 

Secondly, if we want to use our Oncology API as raw materials for Oncology FG products, do we need to conform any VAT formalities. If so, please take relevant actions in the regard and also please give us necessary training at warehouse end so that the operations get smoothen. Also how to proceed when we would go for selling those API to other companies, please?

 

Thirdly, we would like to sit with Pfizer Laboratories shortly where we would try to finalize the price for different QA/AC service that they already enjoyed. Please assign someone who can raise relevant financial concerns in that meeting. As soon as we know the meeting schedule we will let you know.

 

Finally, It is a gentle reminder that we are still looking for a regular source of item-wise cost information for our relevant available inventory. Please let us know when the information is ready so that we can plug in those to generate our monthly report of Inventory.

Responses: 

1. As per our records, the total quantity produced during 2020-21 FY, in the said facility is only 19Kg of different APIs as against Tk. 14.69 million as variable expenses. Thus, Variable Overhead Costing around Tk. 7.73 lac per KG as LOH excluding Material Cost is Tk. 0.90 lac per Kg. Both the items will bear almost the same variable cost (Tk. 863000/Kg) with a difference of Tk. 850 packaging cost.  

 

2. No such VAT formalities until we use resources internally through IOT. For external sales, VAT issues will be taken care of by us duly after the Price Declaration of the saleable product. We will just need a copy of Drug Annexure & Approved Price from FDA. You must sell the FG Item Code: 510050008 through a Depot from where Sales Order will be created like other general sales with DIMS in Legacy /Order Management in ERP. VAT Challans will be issues as usual where no additional training is necessary from us.

 

3. A person will be assigned from our end to join the meetings whenever you organize them with Pfizer.

 

4. ERP is a good regular source of information you are looking for, as long as our users enter data accurately therein. You can develop a report to pick the cost information from the system upon a discussion with the ERP Consultants               

New thoughts on Management Accounting and Strategy

The opportunity to write a non-referred article is an added bonus. This allows me to write a more speculative and less technical piece than I normally seek (or am forced) to write. Additionally, my choice of title allows self-quotation without all the usual embarrassment.

Private international law with its international civil procedure

Private international law with its international civil procedure.

The competence.

- A judge is competent when the jurisdictional power to decide any matter before it.
Definition of competence.

matter of jurisdiction.

Next the value of the litigation.

- The value of the first-instance proceedings will reveal whether the judgment is subject to appeal or if there will be a further appeal possible.
→ For small claims, namely maximum 4000 euros, so the first and last spring not to appeal. In practice, there will be no cessation either.
 For all disputes concerning credit rights (personal actions), shared between Amtsgericht and TGI and Judge nearby
→ to 4000: Judge nearby.
→ Up to 10,000: District Court then beyond that is the High Court.

- To determine the amount, if any one claim, take the amount of the claim as expressed in principal in the last writings of the applicant.
- If no amount of demand, are "unspecified demands." Article 40 of the Civil Procedure Code provides that such requests are always subject to appeal. To avoid too much unencrypted requests, courts are severe about it = - An application for a symbolic euro ANY INTEREST & was considered a specified amount.
- If there are more applications, in general, we consider all applications that will be added to determine the level of competence.

Next Nature litigation.

- The types of disputes are contained in the COJ. The principle is that there is a common law jurisdiction normally competent unless a special provision gives the jurisdiction to special court / award.
- Two courts of general jurisdiction: TGI and CA.

TGI created in 58 to replace civilian courts broad jurisdiction. It aims to entertain any dispute unless the particular text excluded (eg personal or transferable shares if amount is less than 10K euros = -. District Court). If it has exclusive competence, it will rule until 4k euro in first and last resort, and call for more than 10k euros (exclusive materials: Article L211-4 and following State Ex people, real personal actions, litigation.. execution ...)

The President of TGI has a skill that is exercised for provisional and protective measures, and referred queries. In addition, skills on the bottom (commercial lease).

-- Court of Appeal. 35 in France. Responsible for all use of the 2nd degree. In very specific cases, the appeal will be filed before another judge of the 1st degree. Eg, certain decisions of the guardianship judge are challenged in the TGI.

The Court of Appeal can also find some new applications, and some geographically concentrated Appeal Court appeals against independent administrative authorities.

Community law has no legal basis to influence internal procedural rights

Retouching.

- After 1981, many decrees (over thirty) came to change the CODE OF CIVIL PROCEDURE. In addition to these one-off orders, there was the will to bring together committees to reflect the reforms. Today the procedure is not bad and is regularly subject to change. In any case all procedural questions are occupied by the debate on the reform of the judicial map.

Section 2 - Complementary national and international sources.

Jurisprudence.
- Not to be confused with judicial practice. It is abundant. No major turnarounds of Civil Procedure because it is hard to imagine that in a reformed without cease matter.

Practices and usages.
- Local customs, with styles and habits. Ex. Electronically.

Doctrine.
- Important role because it is a technical matter. 

International sources.
- Apply to internal or international disputes.

- In terms of the internal procedure, there are provisions of international law under Article 55 have superiority on the internal rules of procedures and who will therefore be applicable. Is basically the European Convention on Human Rights and Community law. Within the Convention, Article 6 gives the right to a fair trial, setting standards of procedure. According to part of the doctrine, the article 6 is the main source of the theory of action (the right of a person to apply to a judge). Community law has no legal basis to influence internal procedural rights, or very little. Here are the rules for disputes between borders.

Enactment of the CODE OF CIVIL PROCEDURE by order of 5 December 75

Old code of civil procedure.

- One of the 5 major Napoleonic code. Before the code, the general procedure of text dated 1667 (Colbert).

- The code 1806 has not managed to break away from tradition, and therefore appeared as old. In the 20th century, the need is urgent. In 1934, a reform commission CODE OF CIVIL PROCEDURE is created. His work lead to a law decree creating Judge to monitor the process (the ancestor of Justice of the State layout). From 58, the new provisions with the change of constitution. It is a decree of October 13, 65 which amended the proceedings before the High Court and anticipates the work that will lead to the CODE OF CIVIL PROCEDURE. Grand codification begins that will lead to CODE OF CIVIL PROCEDURE. There is a large code because responds to the challenges of the great codes.

- The challenge was to create a completely new code to cover the entire proceeding, without using its predecessors. It will take 18 years to complete.


- To reform the process, setting up a commission in 69 setting up under replay for commissions. Notice of the State Council.


- Enactment of the CODE OF CIVIL PROCEDURE by order of 5 December 75, which establishes the "CODE OF CIVIL PROCEDURE, which brings together previous decrees. "Composed of two books. Book I- Provisions common to all jurisdictions; Book II Provisions specific to each jurisdiction.



Problem, while in 1975 is not prepared, so CODE OF CIVIL PROCEDURE will later be enriched by other books.
- 1979 Book III decree on the appeal and the procedure before the Court of Cassation.
- 1981 Book IV Decree on arbitration and other materials.
- Project Book V- execution. Problem, until now everything is done through regulations. Or to enforcement can not be reformed by regulation, as the Constitution says it is legislative. 1981 left government, so this reform is not too up to date.


- 1991 reform out of the code: law reform in 1992 out of the code: decree on special seizures.



- Very good code, with structure, academically. Little brother of the Civil Code. It is a code that provides definitions, because the material has been radically reformed. Influence in this book the author Henri Motulsky, who is the instigator of the trial guidelines. Also this code also takes the practical requirements of litigants.