MEDIMNY, through their groundbreaking digital platform,
distributors and chemists from across the country can connect, bringing about
much-needed nationwide integration, eradicating overstocking by stockists on
one hand, and providing seamless connectivity to underserved chemists. It’s a wonderful
pharma marketplace providing various services
to chemist , pharmacist and wholesalers.
Central to the platform is its user-centric
approach. Pharmacies can view the availability of medicines in real time and
compare the discounts offered by various stockists throughout the country. This
comprehensive outlook brings about a level of transparency that not only
fosters competition but also ensures the availability of medicines in every
corner of the country. With this digital leverage, local medical shops can now
compete head-to-head with B2C e-pharmacies, offering consumers better discounts
while maintaining profitability.
Despite being a relatively new platform,
MEDIMNY has made significant progress. With over 22,000 users and more than
22,000 product listings, its user base demonstrates its flexibility and scalability.
It is one of the renown
online aggregator for medicine wholesale supporting multiple seller and twenty thousand plus retailers.
At its core, the platform addresses two
critical industry challenges. For stockists, it's a unique avenue to display
their inventories, enabling 24/7 liquidation of surplus stocks and reducing
operational costs. And for pharmacies, it presents the opportunity to find
better deals and a wider variety of medicines than typically available in their
local supply chains. This symbiotic relationship facilitates better business
prospects for both stockists and retailers, ultimately resulting in more
affordable medication for end customers.
However, navigating the path of innovation is
never without its hurdles. In fact, MEDIMNY, with its unique proposition of
highly competitive rates, often had to tackle suspicions from pharmacists
concerning the genuineness of products. However, once customers experienced the
efficiency and reliability of the platform firsthand, these doubts were quickly
dispelled.
During the recent pandemic, MEDIMNY faced
tough expectations from customers seeking Covid-related products. And by
persuading sellers to list these high-demand items, the platform demonstrated
its adaptability during crises, further reinforcing its commitment to meet the
needs of its customers. As the government prioritizes digitization, the pharma
industry is witnessing transformative changes in medicine supply. This shift
presents an enormous opportunity for MEDIMNY to further streamline the pharma
supply chain.
As Keshari asserts, "Over time, we
believe that all existing pharma distribution footprints could converge to an
integrated supply chain operating model, and MEDIMNY is poised to be that
model. We look forward to expanding our footprint and delivering better pricing
through economies of scale."
Undoubtedly, MEDIMNY is setting new standards
in the pharma industry, creating an impact, and transforming operations, one
transaction at a time. If you'd like to learn more, check out their website
today.
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