Emirates Pharmaceuticals enhances warehouse efficiency and supports investment with the “warehousing with others” model.

The Emirates Pharmaceutical Corporation announced the implementation of the “Store by Third Party” model – 3PL“For the first time, and receiving license applications related to it within the medical warehouse licensing services, which allows facilities wishing to obtain a distribution franchise the possibility of contracting with existing medical warehouses licensed by the institution, instead of establishing and operating an independent storage warehouse compatible with good distribution practices.”.

The Corporation indicated that an applicant for storage with a third party is required to conclude a contract with at least one logistical services provider, meaning “third-party logistics services provider.”3PL“, the existing medical warehouse that has a license from the Emirates Pharmaceutical Company.

The competent teams in the organization began implementing inspection visits related to the submitted requests, in conjunction with collecting customer feedback and recommendations, and adopting different operational cases that are compatible with the model, to update the framework and checklists for storage with third parties and align regulatory requirements with business needs, and in accordance with best practices..

The importance of the third-party storage model is highlighted in reducing operational costs and increasing the efficiency of using available space, as it provides licensed facilities with a flexible organizational and logistical option that allows them to benefit from storage space in existing warehouses that meet health and regulatory requirements. In addition to enhancing the use of the logistical infrastructure available in the UAE, attracting foreign investments, and providing additional options for small and emerging local companies, in addition to supporting supply chains..

This model also provides a unified framework for dealing with license applications, limits exceptions to procedures, enhances levels of control and compliance, and harmonizes local practices with international standards related to good storage and distribution..