Creating a shortlist of new suppliers to get an edge
When searching through Pharma Footpath for a product you may not have sourced very often, or even entirely new, you can sometimes find that a suprising price in a market you don't have strong relationships. What then?
Using the EU WDA License tool in Pharma Footpath gives you chance to review who has licenses in different markets, and the conditions on their licenses!
Let's imagine you need a cold chain product, and you've seen the list price information in Greece suggests this might be a good market to speak to suppliers. It's not a market you've strong relationships with, so you're looking for all options. By applying a couple of simple filters, you can select all WDA license holders in Greece who have both 'cold chain' as a license condition, as well as 'export'.
In which case, you only have 48 WDA license holders that meet these conditions. Some of these may be irrelevant, logistics providers for example, and now you're left with a shortlist of companies to evaluate and see whether there are potential new partners.
This may take a little bit of time to evaluate, but this time invested expands your network and can reveal some opportunities that competitors haven't taken the time to explore!
If you'd like to discuss more about the information in WDA licenses, or how we can use data to enhance your business, please reply to this email and let's discuss!
Phil