and introduction to sigXchange (x)

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Welcome & Introductions
Rajiv Shah MRPharmS
Sigma, Director of Business Development
www.sigmaplc.co.uk/sigXchange
Sigma Business Overview
About Us
•Established for over 30 years
•Started from our director’s pharmacy in Watford in 1985
•Sigma Pharmaceuticals plc is still a family-owned
business, employing over 400 people
•One of the leading chemist distributors within the UK
providing generic, parallel import (PI) & OTC medicines
Sigma Business Overview
About Us
•Major player in Generics medicines in the UK
• Wide variety of manufacturers used
•We hold many pharmaceutical licenses and source products from many low cost countries
•We have our own team of SQPs and have approved several factories for MHRA approval
in India and the Far East
•Innovated and piloted Almus Brand on behalf of Alliance Boots - complete range now
stocked
Sigma Business Overview
Retail conferences
Sigma Business Overview
About Us
•Complete OTC & Surgical range stocked
•Primary choice for transfer orders amongst pharmacies and manufacturers
•Approved Merial and Bayer distributors for veterinary products
•Department of Health authorised holder of ‘pandemic’ stock
•Regular sponsors to C+D,
Pharmacy Business and Alliance Healthcare Awards
Sigma Business Overview
About Us
•At Sigma we service:
i.
3800 pharmacy accounts
ii.
600 Dispensing Practices
iii. 1000 national hospitals
iv. ‘Multiple Pharmacies’ serviced including:
•
v.
Alliance Boots, Lloyds Pharmacy, Rowlands, Sainsbury’s, Co-op, Cohens,
Medivet, Waremoss & Day Lewis
All three mainline pharmaceuticals wholesalers
Sigma Business Overview
Logistical Operation
•65,000 sq ft warehousing facility in Watford
•Own transport team of 42 vans
•Serve 150 mile radius of Watford once daily (Nottingham, Birmingham, Cardiff, Norwich) free delivery with no minimum order value
•Serve home counties and within M25 twice daily - free delivery with no minimum order value
•All other areas served by courier on a next-day service
Sigma Business Overview
Logistical Operation
•Open 24 hours a day
•UK-based telesales department
•Pharmacies are able to order through telesales, phone, fax, email, answerphone, EDI
•Order through PMR systems, including Nexphase, Link and Proscript
•Order through Sigma Direct or Sigma ET software
The Offering
Rajiv Shah MRPharmS
Sigma, Director of Business Development
www.sigmaplc.co.uk/sigXchange
sigXchange - The Offering
Ideally as a seller:
•Advertise stock at no expense
•Hassle-free collection of stock at no charge
•Raise invoices, complete with audit trail
Ideally as a buyer:
•Free Access to Database
•Quick Delivery, complete with audit trail
•Purchasing from bona-fide sources
sigXchange - The Offering
The Offering:
•Exclusively available for Sigma customers
•No Registration fees
•No Monthly/Annual Subscription Charges
•No Advertising fees
•No Collection fees
•No Delivery fees
•Utilises our existing logistical network
sigXchange - The Offering
The Offering:
•Free to list and buy stock
•A sales fee is charged on items sold each month
•Fee varies on how much is sold
•“The more you sell the lower the sales fee”
Monthly Sales
Sales Fee
Under £250
8%
£250 - £499
7%
£500 - £749
5%
£750 - £999
4%
Over £1000
3.5%
sigXchange - The Offering
The Offering:
•Reducing ‘dead-stock’ & wastage
•Reducing financial loss
•Opening supply routes for wholesalers & manufacturers
•Sigma & Rxchange collaboration
•Another added-value service for our Sigma customers
sigXchange - The Offering
Sigma website:
•www.sigmaplc.co.uk
•Follow us on Twitter @sigmaplcuk
sigXchange website:
•www.sigmaplc.co.uk/sigXchange
Press Page:
•www.sigmaplc.co.uk/sigXchange/press
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