SUPPLY CHAIN SOLUTIONS FOR RANBAXY (A LEADING PHARMACEUTICAL COMPANY )

Situation 

Ranbaxy a leading Indian multinational pharmaceutical company having large quantum of exports, imports and had extensive warehousing requirements. Their consignments had to be warehoused and moved by air, ocean and a combination of both i.e. multimodal transports. 

Key Challenges 

The major challenges faced during the project were maintenance of critical temperature requirements during the project, maintaining the optimum delivery schedules and meeting the set deadlines. Warehousing at key locations and distribution at various overseas and domestic locations. Meeting with FDA compliance for all regulatory requirements for EXIM related documentation. Update track and trace of shipments. 

Solution 

Aqua-Enable was put up to track and trace shipment. Aqua Logistics™ set up a Central market positioned warehouse with optimum proximity to ports. Effective tie ups with air carriers for maintaining the cold chains as well as improved transit times. Aqua Logistics™ worked out cost-effective consol solution for LCL sea shipments for generic products to be moved under temperature control conditions. Aqua Logistics™ provided EXIM consultancy, assisted in availing various licenses from DGFT and their various finalizations and closures as well as related customs formalities. Provided locational implants for better co-ordination and carry out mundane documentation procedures including overseas invoicing as well as EXIM documentation 

Result 

Aqua Logistics™ improved planning process and on-time delivery resulting in reduced transportation and administration cost. Client reduced fixed asset holding costs in terms for warehouse and their management Project resulted in reduced exposure towards non-compliance of regulatory requirements for client and increased visibility and flow of information.