Tevax Case Summary
After analyzing the different internal resources and capabilities at Teva, there are several resources which effectively give them a sustained competitive advantage, and distinctly set them apart from the competition. Going forward, it is critical for Teva to continue some business practices that have led them to be an industry leader in the pharmaceutical realm. One example of a resource that they have effectively exploited is their acquisition strategy. Their proactive approach to acquisitions has proven to be extremely prosperous in a number of ways.
Teva’s arguably most important acquisition was Ivax, which provided them with a great amount of value and competitive advantage. Ivax gave them a large global presence, which they had previously …show more content…
Their dedication to low costs paired with an essentially unmatched scale advantage through supply chain management has proven to distinctly separate them from their competitors. The supply chain brought tremendous value to the organization in terms of cost reduction; it’s broad reach and unique manner of management clearly made it a rare resource that provided costly to imitate scale advantages. No other firms in the industry operate a supply chain with the depth that Teva does; they have sustained competitive advantage for supply chain …show more content…
Continual expansion of scope and scale, a dedication to low prices, as well as being “first-to-file” have also profoundly contributed to Teva’s competitive edge in the industry. Each acquisition was done effectively and strategically and resulted in a variety of different benefits for Teva. If they wish to maintain their dominant presence in the pharmaceutical industry, they should certainly adhere to the acquisition and supply chain strategies that have propelled them to the top. Careful maintenance should be done in areas where Teva has a sustained competitive advantage to ensure that they keep the edge that they worked so arduously to obtain. They should also be cautious to not become too large and acquire too many other firms as it could cause them to become too diverse, which can complicate some of their strategies; acquisitions may not always generate value or competitive
Teva’s arguably most important acquisition was Ivax, which provided them with a great amount of value and competitive advantage. Ivax gave them a large global presence, which they had previously …show more content…
Their dedication to low costs paired with an essentially unmatched scale advantage through supply chain management has proven to distinctly separate them from their competitors. The supply chain brought tremendous value to the organization in terms of cost reduction; it’s broad reach and unique manner of management clearly made it a rare resource that provided costly to imitate scale advantages. No other firms in the industry operate a supply chain with the depth that Teva does; they have sustained competitive advantage for supply chain …show more content…
Continual expansion of scope and scale, a dedication to low prices, as well as being “first-to-file” have also profoundly contributed to Teva’s competitive edge in the industry. Each acquisition was done effectively and strategically and resulted in a variety of different benefits for Teva. If they wish to maintain their dominant presence in the pharmaceutical industry, they should certainly adhere to the acquisition and supply chain strategies that have propelled them to the top. Careful maintenance should be done in areas where Teva has a sustained competitive advantage to ensure that they keep the edge that they worked so arduously to obtain. They should also be cautious to not become too large and acquire too many other firms as it could cause them to become too diverse, which can complicate some of their strategies; acquisitions may not always generate value or competitive