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How to Calculate Net Rates in Pharma?

Net rates in the pharmaceutical industry refer to the prices at which drugs or medications are sold by seller to purchaser, excluding/including any taxes, rebates, or discounts. These rates are also referred to as net prices or net invoice prices. Calculating net rates in a pharma franchise involves several factors, including the cost of goods, …

Understanding Customer acquisition cost?

What is Customer Acquisition Cost? Customer acquisition cost is the cost spend to acquire a customer or get an order from a new customer. How to calculate Customer Acquisition Cost? In simple way, Customer Acquisition Cost (CAC) is calculated basically by dividing total marketing cost by number of customers/orders you get. Formula will be CAC …

How to calculate Maximum retail price (MRP)?

What is Maximum Retail Price (MRP)? Maximum Retail Price (MRP) is the maximum price of any product at which a product/service can be sold out to consumer. It is final maximum cost that a consumer has to pay to purchase any product/service. It is inclusive or all taxes. Some persons ask about how to calculate …

What would be the Trade Margin Under New Pharma Policy?

New Pharma Policy is hot issue in pharmaceutical sector now days. There are many rumours circulating in industry about new pharma policy. Some may be true and some may be false. Most concern rumours are Banning of Contract and Loan License manufacturing, Fixing of Trade margins and removing brand name from single salt preparations. In …

How to calculate MRP for pharmaceutical products?

Query:   Please suggest me the price calculation method of MRP for Pharmaceutical product    Response: Calculate MRP on basis of following formula: Manufacturing Cost + Packing Cost + Margin + CnF margin + Stockiest Margin + Retailer Margin + Goods and Service Tax(GST) + whole Transportation + Marketing/advertisement expenses + other expenses Read more …

How to Prepare Dispatch Register for A Company?

Dispatch Register:   Dispatch Register is an important documents in any company. In Dispatch Register, all details regarding documents sent, parcel sent or other material sent through courier, post or transport is noted down for future aspect and proper follow-up. Dispatch Register is as important as stock register.   Dispatch register can be maintained by …

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