Every medical store, clinic and hospital needs a steady supply of medicines. Many of them buy most of their stock from a wholesaler instead of dealing with many separate companies. Here is why.
1. Wholesale pricing
A wholesaler buys in larger quantities and sells to businesses at wholesale rates. For a medical store, a better purchase price means a better margin between the purchase price and the MRP. Prices change with the market, so always ask for the current price in writing before you confirm an order.
2. Many brands from one place
A medical store may stock products from dozens of manufacturers. Ordering from each one separately takes time, and most companies do not supply small quantities directly. A wholesaler brings many brands together, so you can place one order for many products.
3. Help with hard-to-find medicines
Some medicines go into short supply, or are needed only now and then. A wholesaler who is in touch with many suppliers can often check where an item can be sourced, and tell you the expected price before you commit.
4. Proper billing and records
A licensed wholesaler supplies against a proper invoice. The invoice shows details such as the product, batch number, expiry date and the GSTIN of both businesses. This matters for three reasons:
- You can claim input tax credit under GST, if you are registered.
- You have the purchase records that drug inspectors may ask to see.
- You can trace a batch quickly if there is ever a quality alert or recall.
5. Less stock tied up
When you can reorder easily from a nearby supplier, you do not need to hold large quantities of every item. Smaller, regular orders keep more money free for your business and reduce the risk of medicines expiring on your shelf.
6. A local contact you can reach
A wholesaler in your own city is easier to reach. You can call, send a WhatsApp message, or visit the office. Questions about orders, invoices or shortages can be sorted out quickly.
How to choose a wholesaler
- Licence: check that the wholesaler holds valid wholesale drug licences (Form 20B and 21B).
- GST registration: verify the GSTIN on the government GST portal (gst.gov.in, under "Search Taxpayer").
- Clear communication: prices and availability should be confirmed in writing before supply.
- Proper invoices: every supply should come with a GST invoice showing batch and expiry details.
- Location and delivery: ask which areas they supply and how deliveries are arranged.
Working with M.S PHARMACEUTICALS
M.S PHARMACEUTICALS is a pharmaceutical wholesaler and distributor in Ranchi, Jharkhand. Our GSTIN (20ACJFM2172L1Z9) and Drug Licence numbers (20B: 166566, 21B: 166567) are shown on every page of this website. We supply businesses only. We do not sell medicines to consumers online. See our services, or send us your medicine list.