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Friday, 16 November 2018

Third Party Contract Manufacturing

PROCESS OF THIRD PARTY MANUFACTURING
FINALIZING ORDER QUANTITY AND COMPOSITION.
After starting the process of third-party contract manufacturing with Aster Pharma, we have to finalize order quantity and composition of the product. While concluding the order quantity, we have to keep in mind the minimum order quantities for the composition. For tablets and capsules, MOQ is usually between 500 – 1000 Boxes, i.e., 50000 – 100000 tablets. While finalizing we have to check if the manufacturer has an approval for that composition.
RAISING QUOTATION.
After finalizing composition and order quantities for contract manufacturing. We will raise a quotation which will include all the costs that you will incur. A quotation includes the cost of the product, packaging material, securities if any in case of smaller batches. It also includes any other charges that you would have to pay for the contract manufacturing process.
REQUIRED DOCUMENTS.
To get a product made you need several documents. Some basic documents include Drug license and GST number. In some cases, you will also require a registration document of your firm or company. DL is issued by your local Food and Drug authorities. DL is of 2 types, one for retail and other for wholesale. GST number is issued by the Government of India and is required for Third party manufacturing. In some cases, some other documents like NON RESEMBLANCE CERTIFICATE are needed.
PACKING MATERIAL.
Promotional materials are used in everyday sales by the medical representatives. They are the main marketing tools provided by the company to the franchises free of cost to promote the products. Promotional materials are the most proven marketing strategies. Some Pharmaceutical companies provide promotional material free of cost to their associates so that they can enjoy a powerful brand and professional image in the market. Pharma companies offer various promotional materials to support their franchise, such promotional inputs include the following main items.
PRODUCT MANUFACTURING.
GMP stands for Good Manufacturing Practices. There are certain quality standards set in GMP the production unit having the GMP certification, has to follow the guidelines set by GMP while manufacturing. GMP is a system that ensures the product is constantly produced and controlled according to the quality standards. GMP covers all the aspects of production from starting material to the hygienic staff. Every time products are made the correct procedure must be followed at each step.
PRODUCT DELIVERY.

WHO stands for World Health Organization. It is a specialized agency of the United Nations that is concerned with international public health. Like GMP in WHO, there are also some set quality standards which the manufacturing unit has to maintain while manufacturing the products. The quality standards of WHO are stricter than GMP. WHO system ensures that products are produced and controlled according to the set guidelines.
http://www.asterpharma.in

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