News About: Distribution
Korean firms eye large logistics center in Seoul
Domestic enterprises are seeking to join a logistic center project in Changji-dong, Songpa-ku of Seoul and other areas, Seoul City officials said.
The project is being promoted by the Seoul SH Corporation.
The s...
Keys to successful wholesaling
Industry observers contend that for many drug wholesalers, the ultimate key to success will be an ability to nurture a pool of able marketing specialists who offer solid, long-term growth prospects or concentrate on p...
Benchmark for a future M&A trend in Japan
Within the pharmaceutical sector in Japan another M&A trend is evident among distributors and wholesalers, said representatives from the Association of Japan Pharmaceutical Wholesalers who participated in the Japa...
Wholesalers ready for self-reform
The Korea Association of Drug Wholesalers plans to encourage its member wholesalers to voluntarily make changes through strict application of the law to root out some irregular business practices such as back margins....
A large scale of drug logistic park to establish in 2010.
A framework of the drug logistic park was visualized for the establishment of the West Busan Logistic Park until 2010.
Buwool Gyeong Drug Wholesalers Association and Busan Drug Logistic Project Cooperative Associa...
Government seeks passage of corporate pharmacy
A revision bill aiming at establishing a corporate pharmacy is likely to pass through the National Assembly next February, according to the Ministry of Finance and Economy.
The bill, which was initially proposed by...
Foreign drug makers asked to diversify drug distribution sources
The Ministry of Health and Welfare and the Korean Pharmaceutical Association has repeatedly asked multinational drug manufactures, who are outsourcing their drugs to Zuellig Pharma Korea, to diversify their outlets, a...
ZPK to cut wholesaler margin from next year
The controversy over wholesaler margin will be widening as Zuellig Pharma Korea unveiled its plan to lower its margin for associate wholesalers from 0.5 percent to 0.2 percent in their 2008 contract.
During this ye...
Five-day workweek stirs debate among wholesalers
200 wholesalers in Seoul decided to forcibly adopt the five-day workweek system from this month, in a bid to reduce the workload for wholesalers' employees.
However, Kim Chung-soo, an auditor of the Korea Pharmaceu...
Leading wholesalers develop differentiated incentive system
Major drug wholesalers plan to adopt the so-called differentiated incentive system for their salespersons as part of efforts to decrease the sales portion of drugs produced by 11 multinational drug manufacturers who h...
