Running a manufacturing concern is not an easy task by any means. There are plenty of things that you will need to do as the head of a manufacturing concern to maintain your profit margins while making sure that the quality of your product does not decline. In this intensely competitive market, consumers want to buy products that deliver value for money. Apart from that, you will also need to make sure that your company follows established guidelines as well as government regulations that might be applicable within the industry. For instance, a pharmaceutical manufacturer must make sure that they follow good manufacturing and distribution practices at all times or risk being slapped with hefty fines by the local authorities.
Purchase of Raw Materials
There are many strict guidelines for GMP in Singapore, ranging from the purchase of goods to manufacturing and distribution. The purchase of raw materials from a third party must be regulated properly. Purchasing companies are required to check the selling company’s registration as well as the details of the formation of the company along with their processing details. The purchase of raw materials needs to be handled by a procurement manager with experience in the particular industry. It is important for the procurement manager to check each and every order and make sure that it is accounted for in the company’s ledgers.
Storage
Certain types of drugs and raw materials need to be stored in a very specific manner or else they will spoil. They need to be stored in a refrigerated facility and some have specific temperature requirements and even humidity conditions that need to be followed. There can be chemical changes in the raw materials and drugs if they are not stored properly, thus making them unfit for use. Drugs that are intended for human consumption need to follow a series of strict checks to ensure that they meet the standards set by the government or the local authorities that regulate the distribution and manufacturing of goods within the industry.
Distribution
Companies are also required to follow good distribution practices when selling or distributing raw materials or drugs throughout the country. Distribution practices involve making sure that the goods are checked before distribution and that the company also packs all of the goods properly before distribution. Efficient distribution techniques must be followed by the firm to ensure that the goods are distributed properly and within the confines of law.
You can check out the guidelines for good manufacturing practices as well as distribution practices in Singapore over the web and then adhere to the policies stated in the guidelines. If there’s a legal audit and your company is found in breach of these requirements, there’s a very high chance that your business will suffer drastically and profits will fall. These are some key things that you should know about following good manufacturing, distribution, and storage practices within a pharmaceutical company that’s operating in Singapore.
