How to Choose a Right Pharma Contract Manufacturer?

If you are Pharma PCD Companies looking out for Pharma PCD companies or is a Pharma Marketing Company looking out for Third Party Pharma Contract Manufacturer, this question will always trouble you. I would suggest you the following:Go for Quality Products:Quality of a product comes with price, any company selling products for high rates doesn’t qualify being quality oriented. Today if you speak with any company all will claim that their quality is the best, it’s for us to decide whose quality is better, best way is outside testing. Weather he is a PCD Pharma Company or a Third Party Contract Manufacturer he has to be dealing in quality products.Customer Service::I have seen companies changing color before the deal is made and after the deal is made. Any company found changing stance should be avoided, you can give benefit of doubt on one occasion but beyond that is not recommended, it’s a habit, it’s a company procedure it cannot change so if they can’t change themselves then change them, go for a company whose dealings are transparent even if it’s against you. Honest feedback is important for you as you can plan lots of things accordingly.

Character of a PCD Pharma Company or Third Party Contract Manufacturer is determined by the way they stick to the time lines. This is a common problem and a problem which can have a devastating effect on your business.It is always beneficial if we can maximum services under one roof, hence Pharma PCD, Pharma Franchise or Pharma Manufacturer with maximum range should be the one to be selected. It gives you flexibility and more over it save lots of time and energy dealing and following up with multiple vendors.Long Term Association:Any company who believes in long term associations not short term gains should be selected. Keeping relations even at the cost of profits at times is a good bargain. It gives lots of comfort to both the parties your association is valued and one gets the preferences and that is good for business.

Certification: All Pharma Manufacturer has to be GMP certified Manufacturer and few is WHO or equivalent Regulatory approved. One can’t expect to get 500 or 1000 boxes manufactured from an WHO approved plants as there are few statutory compliance that has to be adhered, for small batches consider GMP certified Manufacturers.

Quality: Practically every manufacturer will swear by his quality but don’t go by just statement if possible get the products checked. Ask for COA report of all the products you manufacture and build the trust slowly. Try with one or two products and then add others.

Delivery: Maintaining time line is very important normally it takes 30-45 days for delivery of first batch of products and on repeat order 30 days. However it may vary by few days here and there. Kindly note the days mentioned is after the design is approved not when the PO is raised.

Charges: Any company going for small batches has to deposit the inventory charges that are for the print material stored by the Manufacturer on behalf of the company, print material means printed Foil and Printed Boxes. Since printing is done for full batch extra print material is stored and is used for subsequent order, however if the marketing company feels that they don’t want to continue then the print material is destroyed and money returned on pro rata basis.

There are cylinder charges also, Cylinder is used for printing Foils and for every product manufactured you need a cylinder which the Manufacturer purchase on behalf of the marketing company so the charges has to be paid by the company and on termination of contract the cylinder is destroyed.

Agreement: Most of thePharma Franchise Manufacturer now needs a agreement with the marketing company one regarding Trade name of the product, Marketing companies has to give an affidavit to the manufacturer that the Trade name of the brand under production belongs to the company and it indemnifies the manufacturer in case of any trade name related issues.

These are few factors that can help you choose the Good Pharma Manufacturer; the author of this article recommends Power2Pharma for the same.

Pharma franchise mart is a leading online b2b pharmaceuticals marketplace in India that helps you find pharma businesses that are looking for franchise opportunities. All of the linked pharma franchise suppliers offer a different variety of pharmaceu