The pharmaceutical industry is one of the biggest and most lucrative in the world. The business community, as well as the medical fraternity, knows that there is money to be made in the distribution of pharmaceutical products. However, like any other business, it comes with several challenges – many of which touch on the distribution chain. It follows that, for you to make it in the pharmaceutical industry, you need a reliable distributor with the following qualities.
Elaborate Distribution Plan
Drug distribution is an intricate undertaking. It has to be done in a specific manner given the fragile nature of medicinal products. The shift between air, road and rail transport should be smooth. The mode of transportation should as well be informed by several factors.
Urgently needed medical supplies can be transported by air, for instance. Ample security ought to be provided when distributing sensitive and expensive drug consignments. Having an elaborate distribution plan also wipes out mix-ups, which often lead to the delivery of wrong consignments or unwarranted delays.
A good pharmaceutical supplier should understand the benefits of safe transportation. This is because the products can be hazardous to human health in the case of unchecked spillage that may occur as a result of road accidents. It’s significant to remember that drugs are only safe to humans when they are administered in small quantities or dosages. Pharmaceutical products are also safe before the expiry date. Other than maintaining the recommended storage conditions, the distributor should be aware of the significance of expiry dates. Expired pharmaceutical products can do more harm than good.
License, Permit, and Insurance
One of the qualities of a good pharmacy distributor happens to be business legitimacy. This is a business that’s guided by strict rules and regulations. Licenses and permits from relevant organizations enable you to know whether a specific distributor has adhered to these regulatory requirements. Distributors who fall short of the required standard practices are often struck off and their licenses and permits revoked. Insurance is equally important. This protects you and the distributor against any form of damages that may occur during the distribution process.
Availability and Prices
A good pharmacy distributor is one who you can contact at any time of the day or night. This trait doesn’t only show good business acumen, but it also allows you to place urgent orders. Open communication channels enable you to bring any problems that you may have to the distributor’s attention. Note that having these problems sorted out can be a matter of life or death.
Go for a Pharmaceutical Distributor with Wide and Legitimate Connections
The fact that a distributor supplies valid drug brands does not guarantee business legitimacy. It’s not possible to tell the legitimacy factors by looking at a distributor’s business licenses. This is something that you can establish by conducting background checks. Avoid distributors who have been marred in controversies in the past.
The firm you choose to use should have a clean record, the equipment as well as the right team. Above all, they should be people and not profit-driven as this kind of pharmacy distributor will always give you fair prices. Ends…