Pharmaceutical in Mexico

November 30th, 2017

In 2016, the Ministry of Health aligned the Official Mexican Standards related to the manufacture of medicines and active ingredients with the best international practices, so that Mexico enters the so-called PICS scheme (Pharmaceutical Inspection Cooperation Scheme).

PICS is an international cooperation mechanism that brings together the 48 most important health agencies in the world, which exchange -only among themselves- certificates of Good Manufacturing Practices for medicines, which reduces drug times and costs.

Inventory management in the Pharmaceutical area.

As in any company, in the Pharmaceutical area, inventory management is a key process in strategic management, from the point of view of customer service as well as production and financial results.

It is vitally important to have a well-managed and controlled inventory to:

  • Ensure product supply.
  • Minimize the possibility of having overstocks.
  • Achieve efficient management of money invested in merchandise.

Inventory management and control is a process that has a great impact on all operational areas and, in turn, is a fundamental aspect of administration, since when it is not controlled, it implies a high cost and requires a greater investment/cash.

The objective is to achieve that balance between supply and demand, as well as to have reliability in the times of receipt of merchandise from your supplier as well as in the delivery to your customers.

 Benefits of an inventory control system.

a) Raise the quality level of customer service, reducing lost sales due to lack of merchandise and generating greater loyalty to your company.

b) Improve your company's cash flow, since buying more efficiently and having a higher inventory turnover will mean that money is not sitting in your warehouse but working.

c) Being able to identify seasonality in your products will help you plan better.

d) Easily spot slow-moving or stagnant items to strategize to get rid of them easily.

e) Reduce your freight costs for greater planning and reduction of emergency purchases.

f) Monitor the quality of the products by having them well identified and monitored

g) Recognize theft and waste.

h) Release and optimize the space in your warehouses to increase the profitability per square meter of it.

i) Control of entries, exits and location of merchandise, requisition of merchandise for a more professional management of your warehouses.

Distribution

The distribution of medicines is an important activity in the comprehensive management of the supply chain. The current drug distribution network is increasingly complex. Having BPAD (Good Storage and Distribution Practices) assists distributors in carrying out their activities, prevents counterfeit drugs from entering the supply chain, ensures control of the distribution chain and maintains the quality and integrity of the products. medicines.

Pharmaceutical inventory transportation

The transport of pharmaceuticals must be characterized by being safe and fast, through sanitized and certified units, to preserve the integrity of the product, keeping it in optimal temperature conditions, free of moisture, light or possible contaminants at all times.

The collaborators of Pitic Transport They are trained to provide a quality service, ensuring integrity through proper handling and punctual delivery at their destination, as they are governed by quality and safety regulations to comply with the strictest protocols in the health sector.

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