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ProgressiveLifeCare

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Third Party Manufacturing is a quite popular business strategy in modern times. Even large pharma companies who own big manufacturing plants also outsource some of the products to other manufacturers.If You Wants To Know More About It Read This Blog Carefully. – PowerPoint PPT presentation

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Title: ProgressiveLifeCare


1
  • Easy Steps For Third Party Manufacturing In Pharma

2
  • Before we go into the steps of choosing a third
    party manufacturing unit in the pharma business,
    lets know the meaning of it.
  • By third party manufacturing or contract
    manufacturing, we get the products manufactured
    at some other manufacturing unit. The branding
    and marketing are managed by the company that
    assigns the production work.
  • It is a quite popular business strategy in modern
    times. Even large pharma companies who own big
    manufacturing plants also outsource some of the
    products to other manufacturers.

3
  • It gives a boost to the business by adding
    more products to the product line without
    investing in massive money.
  • Those who think that setting up a third-party
    contract is difficult can get benefited by the
    blog. It explains the easy steps of doing that.
  • Make a list of products first
  • It is the first step. You need to sit down
    and make a list of products that you want to get
    manufactured at third-party premises.


4
  • Once you decide the products, the next step is to
    find out potential manufacturers who can fulfill
    your needs. You have to do some research on this.
  • In the era of the Internet, it is easy to find
    out the information.
  • Once you shortlist one or two companies, send
    them mail and request for their quotation. The
    complete information about product cost, security
    money, minimum order quantity, and delivery
    schedule should be discussed with the company.

5
  • composition and Estimate the product order
    quantity
  • You must finalize the product composition and
    decide about the order quantity of the selected
    products.
  • The assumptions about the business must be
    precise while making estimates. It brings more
    accuracy in the calculation.

6
  • Place your order
  • Once you are ready with product composition and
    other quantities, now it is time to send a
    purchase order. Your third-party manufacturing
    partner will confirm your products.
  • Once you get the confirmation, you may proceed
    further by paying advance as per the agreed terms
    and conditions.

7
  • Finalizing packaging design and artwork
  • The partner company will manufacture the
    products, but you have to manage the packaging
    and artwork.
  • Decide the brand name on the foil and cartons.
    Choose the logo design, and it is a color
    combination.
  • Product composition, manufacturing, and packing
    details should be decided.

8
  • Arrange the following documents
  • Drug license
  • Company profile
  • Identity proof of directors
  • GST number
  • Manufacturing agreement
  • Non-resemblance certificate

9
  • Product delivery
  • The final step is to get the product delivery
    from the manufacturer. You get the products
    dispatched at the address mentioned by you.
  • If you are looking for the best Pharma Franchise
    Company then Progressive Life Care is one of the
    top PCD Pharma Companies In India. Which offer a
    Pharmaceutical franchise with extra ordinary
    marketing support.

10
  • Also Read
  • How to Take Franchise of a Pharma Company in
    India?
  • Which one is better Pharma Marketing Company or
    Pharma Manufacturing Company?

11
  • Contact US
  • Website
  • http//www.progressivelifecare.com/
  • Phone No (91) 982 444 3968
  • Email IDprogressivelifecare_at_gmail.com
  • Timing Mon to Sat 11Am To 7PM
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