MISHAIR WORLD CARGO

MISHAIR World Cargo Case Study

Case Study Analysis

Introduction

MISHAIR is a multinational carrier service provider having its network worldwide. It possesses and operates a fleet of young aircrafts that offers massive refrigerated cargo transportation facilities. In addition, it bears a highly professional and trained staff that provides solutions regarding the transportation of pharmaceutical goods that can flawlessly be incorporated into the supply chain. The company has been in the industry for the long span of 20 years.

Problems in the Company

The article has highlighted the fact that the major issue faced by the producers of pharmaceutical products is the transportation factor. It is considered as the least strong linkage in the supply chain. Pharmaceutical products have great importance when it comes to health of the people. Therefore, a huge responsibility rests with the manufacturers to ensure the safe production and transportation of pharmaceutical products. The manufacturers need to opt for a reliable transportation firm that has a trained and expert staff to handle the goods and ensuring their storage in the ideal temperature along with the quick speed of the transportation. Additionally, the transportation company must also make strict security measures to avoid any loss or theft of high-valued pharmaceutical products.

In the present industry environment, MISHAIR has been facing several issues related to its management and operations. For this purpose, the company has hired Mr. Logistics who would analyze the present operations and see that the operations are in accordance with the changing legislations. During his evaluation, he managed to identify some areas required to be managed and improved. These areas include: handling and movement of goods, risk assessment, policies related to the handling and storage of dangerous products according to the pharmaceutical codes.

In his initial report, Mr. Logistics highlights the following issues related to the operational and structural phases of the company:

Compliance with Legislations

The first problem he identified is the partial compliance of the company with the regulators and statutory authorities. These authorities may be national or international. It is essential for a transportation company to abide by the rules set by the regulatory authorities in the legislation. Deviation from these may result in legal actions against the company that may ultimately lead to the cancellation of license. This means that the company may face huge losses.

Issues in Financial management

Mr. Logistics also found some flaws in the process of financial management of the company. Financial management plays a crucial role in the survival of the company in the long run as it would enable the company to run its operations. There is a financial goal behind the organizational financial management process. Traditionally it has been considered as a corporate objective of profit maximization. However, this goal has been much criticized, now defends the existence of a set of objectives, a result of a negotiation process between the various stakeholders of the company, which in one way or another expect something from her.

Although it is now accepted that the company must meet multiple objectives, modern financial management poses as a priority ...