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Advice Pool - Rack up the Value
The way you set things up can pay off greatly
As an inside sales representative for a major material handling company, half of the phone calls I receive start the same way: “I’m looking for racking.” It’s a promising start, but it’s usually followed by, “I’m not sure how much I need,” “
As an inside sales representative for a major material handling company, half of the phone calls I receive start the same way: “I’m looking for racking.” It’s a promising start, but it’s usually followed by, “I’m not sure how much I need,” “
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
I don’t know what kind I need” or “I am new to this.”
I could be hundreds or even thousands of miles away from these potential customers and their problems, but with the help of faxes, email, the Internet and digital cameras, we are usually able to share enough information to develop a proposed
I could be hundreds or even thousands of miles away from these potential customers and their problems, but with the help of faxes, email, the Internet and digital cameras, we are usually able to share enough information to develop a proposed
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
layout and a request for quotation.
People new to the warehouse or purchasing start out knowing that they have product sitting on the floor taking up space needing to utilize their vertical space better. After all, they are not just paying for square footage; they are heating, cooling and main
People new to the warehouse or purchasing start out knowing that they have product sitting on the floor taking up space needing to utilize their vertical space better. After all, they are not just paying for square footage; they are heating, cooling and main
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
aining a three-dimensional space. Even more importantly, that vertical space is a wasted asset that could be used to store needed inventory and can free up floor space for more productive uses.
What else do you need to know? In just a few minutes, you can gather all the information you need
What else do you need to know? In just a few minutes, you can gather all the information you need
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
efore calling your sales representative. This includes:
The length, width and height of a single pallet that has product on it. The weight of the pallet with product. The clear height on the warehouse – that is, the actual usable inside height of the warehouse at its lowest and highest point
The length, width and height of a single pallet that has product on it. The weight of the pallet with product. The clear height on the warehouse – that is, the actual usable inside height of the warehouse at its lowest and highest point
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
.
Your forklift’s specifications, especially dimensions and lifting capacity.
The length of the rows of racking you wish to create.
The number of pallets you wish to store.
Decide whether you want used, renewed or new material.
Drive in for More Space
Let’s start with the last one f
Drive in for More Space
Let’s start with the last one f
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
rst. Face it, racking is racking. It rarely becomes obsolete because of new technology. If your needs can be met by quality refurbished racking, you will save money. However, in order to be certain that your needs will be met, make certain you trust your supplier and the refurbishing process
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
they employ.
Most material handling vendors that deal in used and renewed equipment have finely tuned their methods of pricing in order to give you a quote based on the information listed above. Let’s use drive-in racking as an example.
Drive-In racking is a type of “last in, first out” (LIF
Most material handling vendors that deal in used and renewed equipment have finely tuned their methods of pricing in order to give you a quote based on the information listed above. Let’s use drive-in racking as an example.
Drive-In racking is a type of “last in, first out” (LIF
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
) racking meaning product is loaded as far back in the rack as it will go. When unloading, the nearest available pallet is selected from the same side, as opposed to a FIFO (first in, first out) system where you usually load the product from the rear. In FIFO applications, product either flows
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
to the forward of first position on a conveyor or it will be driven through the system.
Drive-in systems are widely used throughout the warehouse industry in places that have large volumes of pallets to store and seek an affordable, dense pattern. If you have a warehouse with clear floor space
Drive-in systems are widely used throughout the warehouse industry in places that have large volumes of pallets to store and seek an affordable, dense pattern. If you have a warehouse with clear floor space
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
high ceilings and hundreds of pallets to store on a tight budget, the choice is simple. Instead of creating a maze of rows and aisles, as you would with standard selective pallet racking, you create one large grid with access on a single side to drive in.
Keep in mind that the space savings a
Keep in mind that the space savings a
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
e not the only benefit you will realize, although an estimated 80-85% space utilization can be achieved. Another factor in calculating your return on investment (ROI) is the potential savings in labor, equipment, product damage and operating costs.
Even so, gaining 50% more capacity to store y
Even so, gaining 50% more capacity to store y
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ur loads in an existing space can be very attractive when you consider the cost of additional warehouse space. Instead of figuring out which direction you are going to grow and how big an addition you will need for your building, you will instead think of the things that you can do with the spa
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
e left over after consolidating.
Advantages of a Clean Floor
After doing away with selective pallet racking and consolidating into one easy to access area, you will soon realize the rest. You will instantly notice that you are no longer driving down aisles to find product, turning corn
Advantages of a Clean Floor
After doing away with selective pallet racking and consolidating into one easy to access area, you will soon realize the rest. You will instantly notice that you are no longer driving down aisles to find product, turning corn
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ers and dodging the pallets that have been left on the floor, obstructing your path. Another noticeable difference is that there are fewer upright frames that can be damaged. Once you turn into the drive-in system past the front uprights, your forklift is between a set of drive-in rails on whi
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
h the pallets rest (except the bottom one). The product is further protected if the system is designed to allow only pallet loads that are confined to the size of the pallet. Systems designed for product overhang are still able to provide a certain level of protection.
Usually, the forklift t
Usually, the forklift t
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
at operated within the structure will be the same unit that loads and unloads freight from a truck. The distance traveled by the forklift decreases per pallet retrieved or stored, reducing wear and tear on the unit. The ability to access the pallets faster and safer means that you can also inc
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ease your rate of picking per man hour, again increasing your ROI.
Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retri
Another way to save your company money by using drive-in racking is to double-stack your pallet loads on the bottom level. This will increase the maneuverability of the forklifts and will systematically reduce loading and retri
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
val time by carrying two pallets at once. This can only be done where identical SKU’s are stored and cubed loads of the same items are forecasted for shipment. Pallet loads must be stable and free standing while you double-stack them, without causing damage to the product. The total combined
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
eight of the double stack must not be more than what the forklift is able to handle.
These are just a few of the things you can think about before calling your sales representative. Other issues will come up before you make your purchasing decision, but a little planning can save a lot of time
These are just a few of the things you can think about before calling your sales representative. Other issues will come up before you make your purchasing decision, but a little planning can save a lot of time
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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