Transcript Slide 1 - Fast International Co.
1
Vision:
trade.
To be a leading figure in the pharmaceutical
Mission:
“Winning our partner’s confidence by professional work and commitment to quality”
– – – Maximize shareholder’s return on investment Vast integrated distribution network of pharmaceutical products Obtain and retain ultimate customer loyalty
Values:
fast:/ fa:st / a. firm, fixed, firmly attached
Motto:
“Winning Your Confidence”
2
Commitment to service excellence Customer Care Quality culture Integrity and honesty Determination Team Work Investment in human capital
3
It is dedicated to providing our partners both present and potential with the best business relationship.
A healthy working relationship stems from mutual trust, work ethics and commitment to quality service.
Our core values are based on respect for people, integrity and customer care. At
Fast International
we believe our most valuable asset is our human capital.
By implementing our employee
C
ontinuous sessions and workshops.
T
raining
P
rogram (
CTP
) we consider ourselves pioneers in increasing and maintaining our ’s skills and knowledge by conducting regular training 4
Fast International
was established in early 1982 in Port Sudan to work in the field of shipping, transport, custom clearance and to follow up the activities of international insurance companies working in Port Sudan such as Lloyd ’s Company.
In 1991 It became as a branch of the National Inspection and Survey Office Then it moved to Khartoum, the capital, in the same year to start new activities in the capital, this expanded mainly due to
Fast International ’s
longstanding relationship with non government organizations (NGO ’s) and other agencies 5
Dr. Tarig Mohy Aldin:
Chairman
Captain Yassir Mohy Aldin:
Vice Chairman
Dr. Osama Mohy Aldin:
Members
Dr. Shihab Mohy Aldin :
Members
Mr. Ammar Mohy Aldin :
Members
6
1.
2.
3.
4.
Pharmaceutical Division
.
Transport and Clearance
.
Agricultural Division
.
Medical Equipment Division.
7
Our major field of business is undoubtedly the import of pharmaceuticals.
It was established in 1993 under the management of Dr. Tarig Mohy Aldin, Chairman of the Board and General Manager. The
Fast International
board of directors allocated a separate budget for this project amounting to the sum of USD 700,000.
Today the Pharmaceutical Division has a budget of approximately USD 7 million.
Initially, It commenced with the distribution of drugs produced by Hikma Pharmaceuticals Corporation (MJC).
of Jordan and disposable syringes from the Medical Jordanian 8
At present Fast International is the agent of the following pharmaceutical companies: Hikma - Jordan October Pharma – Egypt Polichemi – Spain Micro Lab-India Alcon Cusi – Switzerland Rotex Medica-Germany Biomet Merck-Germany Liptis USA OM Pharma – Switzerland SAJA – Saudia Arabia Novartis Egypt (healthcar)SAE MedoChemie-Cyprus Beiersdorf ( Nivea Ioltech-France )- Germany MANX- UK Shreya Life Sciences – India Pharmasol Limited - UK
9
In 2008 alone, Fast International imported 7% of pharmaceuticals expended by the private sector , During 2008 our imports exceed sum of 12,400,000$
It was the only private company to implement distribution channels in remote areas by outstation offices serve.
Branch offices in:
–
Red Sea State
– – –
Al Jazera State Kasala State Shamal Kordofan State (Port Sudan) (Medani) (Kassala) (State(El-Obeid)
–
to facilitate payment and delivery. Soon will be established a branch office in the southern city of Juba, the largest in the south.
10
In 1994
Fast International
of relief items for NGO ’s like transported approximately 50% – UNICEF, – Sudanese Red Crescent and the Adventist Development – and Relief Agency (ADRA). As a result
Fast International
has acquired a reputation as a company with firm relations among transport companies.
11
Established in 1994.
It deals with the provision of different agricultural needs ranging from seeds to fertilizers and pesticides.
These items are imported from Jordan to cater for the local market This division participates in all tenders supplying pioneer agricultural schemes in the Sudan. Most recently
Fast International
aircraft acquired spraying as part of expansion in the agricultural domain.
12
Fast International
is dedicated to providing the medical community and patients alike with the latest technology and highest quality medical devices. Prime Corp partners.
has been one of
Fast International's
oldest Prime Corporation is a leading company specializing in access rehabilitation, medical and personal care products.
Fast
– – – is the sole agent of: Ioltech (France) which specializes in ophthalmologic surgical equipment and machines.
Biomet-Merck orthopedics.
(Germany) which is a giant in the field of DemeTech (U.S.A ) surgical suture.
The Medical Equipment Division falls under the umbrella of
El Massa Company
for medical services, which is a sister company (affiliate) wholly owned by
Fast International
.
13
Fast International
– S audi S udanese
deals with and has current accounts (Local and Foreign) with the following banks:
B ank (Center Station Branch) – – E lneilen B ank (Main Branch).
E gypt S udanese B ank.
In addition to that Fast International is shareholder in the Saudi Sudanese Bank .
14
Fast International streamlines pharmaceutical distribution for fast reliable service throughout Sudan.
Our imports during 2008 amounted to USD 12.4 million
Our sales on 31 July 2009 is USD 8 million Broad – Based Service and Supply , Now Fast International ’s name is associated with a reputation for unmatched services.
15
Towards our goal, we have installed a modern computer system throughout giving our clients two distinct advantages :
1. Ordering, invoicing simple. and dispatch are quick and 2. Most importantly computerized warehousing assures that the products move efficiently through the pipeline for longest shelf-life and product efficiency. 16
Our main warehouse is specially designed to withstand the rigors of the Sudanese climate to guarantee products freshness.
Customized air conditioners maintain temperatures from 15 º – 25º degrees Centigrade.
In addition to a cold room for products that need refrigerators.
Our new warehouse has a current capacity of 1000sqm, designed to meet the updated International Storage Standard and we will move during September 2009 17
Marketing:-
Hikma Alcon (Fast) Medochemie (Fast) Micro Labs. (Fast) Liptis October Pharma Om Pharma Total 52 3 5 10 11 1 1 83
18
Khartoum Medani Gadarif – Halfa - Kasala Portsudan Atbara – Shendi - Dongola Total Kosti (Sub Agent) Rabak (Sub Agent) Elobied (Sub Agent) Nyala & Alfashir (Sub Agent) Employees:
Total No. of Employees
9 2 1 1 1 14 26
123
No. of Pharmacies No. of Pharmacists No. of Doctors No. of Dentists No. of Private clinics No. of Public hospitals No. of Private hospitals No. of Local pharmaceutical Industries No. of Medical colleges No. of Pharmacy colleges No. of Dental colleges 4700 2150 7500 1900 3000 70 35 22 7 6 6
20
From 1997 to date, Sudan has been implementing IMF macroeconomic reforms.
In 1999, Sudan began exporting crude oil and in the last quarter of 1999 recorded its first trade surplus, which, along with monetary policy, has stabilized the exchange rate.
Increased oil production, revived light industry, and expanded export processing zones helped sustain GDP growth.
Agriculture production remains Sudan's most important sector, employing 80% of the work force and contributing 39% of GDP. 21
Oil - Production:
500,000 bbl/day approx
Imports - Commodities:
foodstuffs, manufactured goods, refinery and transport equipment, medicines and chemicals, textiles, wheat.
Industries:
Oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments, automobile/light truck assembly.
22
26 states
(wilayat, singular – wilayah); A'ali an Nil, Al Bahr al Ahmar, Al Buhayrat, Al Jazirah, Al Khartum, Al Qadarif, Al Wahdah, An Nil al Abyad, An Nil al Azraq, Ash Shamaliyah, Bahr al Jabal, Gharb al Istiwa'iyah, Gharb Bahr al Ghazal, Gharb Darfur, Gharb Kurdufan, Janub Darfur, Janub Kurdufan, Junqali, Kassala, Nahr an Nil, Shamal Bahr al Ghazal, Shamal Darfur, Shamal Kurdufan, Sharq al Istiwa'iyah, Sinnar, Warab 23
The Sudanese pharmaceutical market is rapidly becoming a very important market due to the following facts:
Regarding population it is second to Egypt in the Arab world and fifth in Africa 40,218,456 (July 2008 est.) Sudan is The Largest country in Africa and in The Arab World as well. (1 million square mile) Nine countries surround it, Sudan is the main door to other African countries. Basically Sudan is an agriculture oriented economy.
In addition small reserves of iron ore, copper, chromium ore, zinc, tungsten, mica, silver, gold, hydropower, live stock, mining and more recently petroleum. 24
Petroleum exports started to reflect positively in the improvement of basic services including health.
The Pharmaceutical market amounted to USD 220 million.
About 70 % of the country ’s drug consumption is met through imports that range between USD 160-170 million.
20 % Of which is imported by the Sudanese Medical Supplies Corporation 35 million. (SMSC), a government agency under the Ministry of Health using different procurement methods, of which the tender system is the main. SMSC imports are annually equivalent to USD
The remaining 80% is imported by the private sector , which amounts to USD 120-130 $ million per annum.
25
For the related document downloads kindly review our website download center located at: http://www.fastinternational-ltd.com/about.html
26
IT reports are different inquires in sales, customers, outstanding, stock … etc.
Kindly fin examples on our website located at:
http://www.fastinternational-ltd.com/about.html
27
Bank charges Customs Clearance Distributor Allowance Retailer Margin
Total
%2.5
%15 %1.2
%15 %20
%53.7
28
29
•
Dedicated to Medical and Pharmaceutical business upgrade
•
Strong & wide Public Relations
•
Well trained staff (CTP)
• •
Excellent Financial & Technical capabilities Strong IT Department
•
Optimum area coverage
•
Optimum delivery system – 24hrs in Khartoum and 72hrs for regions
•
Sale and Marketing coordination
•
Stock availability all through the year
•
Standard storage in our warehouse & dispatching room
1- Strong & Wide Public Relations 2- Well trained staff (CTP) 3- Excellent Financial and Technical capabilities.
4- IT Department.
5- Optimum area coverage through Resident sales and Medical Reps.
6- Optimum delivery system 24 hours in Khartoum area. Maximum 72 hours for remote in addition Domestic DHL delivery.
7- Sale and Marketing coordination in planning and case studies.
31
8- Keeping stock availability all over the year to avoid any stock rupture.
9- Standard storage in our warehouse and dispatching room.
32