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Main Subject - Editorial: IRMCO Event Showcases a Winning Workplace
You feel a different ethos when you step into a good workplace. There is an energy in the facility that is palpable and is shared by everyone who works there. Because we’ve become aware that the concepts that we espouse are sometimes easier to un
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
derstand through experience, on October 19, 2006, Winning Workplaces took our mission of helping small and midsize businesses create better work environments to a workplace tucked into an industrial area within our hometown of Evanston, IL, one o
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
the last remaining manufacturing businesses in the community.
IRMCO, a 92-year-old manufacturer of water-based, environmentally friendly lubricant technologies for the metal-forming industry, graciously hosted an open house and shared the secre
IRMCO, a 92-year-old manufacturer of water-based, environmentally friendly lubricant technologies for the metal-forming industry, graciously hosted an open house and shared the secre
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ts that have helped sustain the business against formidable odds. After the business day ended, several IRMCO associates stayed into the evening, keeping their doors open so that the 50 attendees of the open house, including staff and clients of
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
irst Bank & Trust, which sponsored the event, could see what a winning workplace looks like up close.
Why did we choose IRMCO as a successful small business example? Because the fourth generation family-owned business is not only surviving but t
Why did we choose IRMCO as a successful small business example? Because the fourth generation family-owned business is not only surviving but t
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
riving in an industry that’s facing tough times with plant closures, downsizing and fierce foreign competition, among other problems. As IRMCO CEO William “Jeff” Jeffery said, “One problem we’ve seen is that because there have been so many layoff
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
s in the auto industry – our largest customer base – there are fewer trained engineers to make some of the decisions. The engineers who are left are doing the jobs of two or three people. So going green and choosing our products, even if we show
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
hem how that will save them money, is usually not high on their priorities list.”
Yet, IRMCO has succeeded in demonstrating the cost-savings of its products to many car manufacturers, including BMW, Mercedes-Benz, Porsche, Toyota and Nissan. The
Yet, IRMCO has succeeded in demonstrating the cost-savings of its products to many car manufacturers, including BMW, Mercedes-Benz, Porsche, Toyota and Nissan. The
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
company’s advanced forming film technologies also help consumer products come together by brands including Lennox, John Deere and Speed Queen. As Jeffery explained, although the organization’s headquarters is almost a century old, it is conduciv
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
to the modernized work that’s done every day by only 13 full-time employees. Water-based lubricants are prepared on the facility’s second-floor blending department and then gravity fed to the first floor for packing and just-in-time shipment.
T
T
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
e open house allowed attendees to see four areas critical to IRMCO’s work: the laboratory, detailed by Research Director Frank Kenny; the finance area, detailed by CFO Jennifer Kalas; the blending floor, detailed by Jeff Jeffery; and the warehous
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
e area and garden, detailed by Jeff’s brother, Brad Jeffery, the company’s executive VP. These four IRMCO staff members packed a large amount of information in each tour stop.
Some of this information focused on best practices that have helped I
Some of this information focused on best practices that have helped I
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
MCO grow its profits and staff commitment simultaneously. For instance, Brad Jeffery showed attendees the beach volleyball court-turned-garden that could be seen through the windows of the warehouse’s back door. Jeffery explained that this visual
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
symbolizes the evolution of the company’s work culture. “At the time that our father passed away and Jeff and I started running the business, there was a lot of talk about giving employees more liberal freedom to make choices,” he said. This res
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
lted in new lab equipment purchases and, on the recreational side, staff retreats and the installation of the volleyball court.
Yet, even though these attempts were aimed at broadening IRMCO’s work/life balance, management found that employees w
Yet, even though these attempts were aimed at broadening IRMCO’s work/life balance, management found that employees w
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
re not responding in kind by working harder. “They weren’t focused like an owner,” Jeffery said. “As a business owner, you want your people to be as motivated as you are and concerned about costs and new clients.” For IRMCO, this meant embracing
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
open book management, a change several years in the making that ultimately helped workers see how their contributions affect the bottom line and impact the greater community. Employees, who are now committed to the success of the business, regula
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ly identify solutions that lead to cost-savings and lessening IRMCO’s environmental footprint. Further, employees have chosen to use the open space behind the building to plant a garden rather than play volleyball, and they donate its produce to
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
soup kitchens.
In tough economic times for small enterprises and in an industry in which it seems that U.S. business are losing ground every day, IRMCO stands as the exception. Through trial and error, over a number of years, Jeff and Brad Jeffe
In tough economic times for small enterprises and in an industry in which it seems that U.S. business are losing ground every day, IRMCO stands as the exception. Through trial and error, over a number of years, Jeff and Brad Jeffe
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
y have led IRMCO to implement progressive business practices and, most importantly, develop a team that works together to assure that they are providing leadership to help the metal-forming industry remain competitive in a changing global economy
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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