Pharmaceutical distribution, storage and third party logistic provider, Pharma World Holdings, currently establishing a high-tech hub within the UAE, have confirmed they are in negotiations with leading US and European manufacturers who are looking to streamline their GCC logistics.
Maher Kheder, Business Development Group Director of Pharma World Holdings says, “The facility provides a new and totally unique offering to local and international manufacturers. It allows for more effective and efficient forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption to meet customers’ requirements.
“Our offering takes the local storage, distribution and general administration issues off the manufacturers’ hands as we control the entire process - from public warehousing and/or contact warehousing storage to distribution, transportation, packaging, order fulfillment and same day shipment.”
Pharma World Holdings are able to remove administration function worries from customers including requisitions/procurement, invoicing/collections,
logistics/replenishment in addition to business-to-consumer and business-to-business management.
“We are also able to offer this as a total package arrangement or customize our services to suit customer’s specific needs, “ Kheder adds.
“Our offering allows us to share the responsibility with our customers to lower distribution costs through better logistical services and greater inventory control, creating an overall streamlined process,” Kheder concludes.
About Pharma World Holdings
UAE based Ithmar Capital, Fund I and Banaja International Group partnered to form Pharma World
Holdings and are currently establishing warehousing facilities at JAFZA in the UAE. Banaja International Group and Ithmar Capital, Fund I each own 50% of Pharma World Holdings.
The company benefits from Banaja’s 60 years of heritage in KSA. They have extensive experience in warehouse management through a portfolio of over 14 warehouses. Additionally the new venture benefits from vast Ithmar Capital, Fund I experience in UAE. With this expertise and experience on tap, Pharma World Holdings is now spreading its services to the GCC and Middle East.
Through Pharma World Holdings’ unique, one-stop offering, they centralize logistics providing storage, inventory management as well as purchasing and re-invoicing to the distributor. Overall, Pharma World Holdings is able to store pharmaceutical within the correct environment and their business model provides an integrative approach that better links principals with distributors, removing layers or inefficiency and improving service quality and costs.
