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At Lantaris, we offer comprehensive API sourcing solutions, tailored to the needs of generic product manufacturers.
Our API Sourcing Services
At Lantaris, we offer comprehensive API sourcing solutions, tailored to the needs of generic product manufacturers.
Supplier Screening and Vetting
We utilize our global network and deep industry expertise to identify the optimal API suppliers for your specific needs. Our rigorous vetting process ensures that you partner with reliable and compliant API manufacturers, and includes:
- Detailed analysis of your API requirements
- Comprehensive search across multiple API platforms and our extensive database
- Supplier evaluation based on GMP certifications, regulatory compliance, production capabilities, financial stability, cost-effectiveness, sustainability, and risk assessments
Price, Terms and Contract Negotiation
With our extensive industry experience, we negotiate favorable terms to benefit your business. Our process involves:
- Market price and trend analysis
- Identification of cost-saving opportunities
- Ensuring fair, beneficial contract terms
Supplier Relationship Management
We help build and maintain long-term, productive relationships with your API suppliers, through:
- Regular performance reviews
- Open communication facilitation
- Proactive issue resolution for continuous improvement
Advanced Project Management for Custom API Development and Manufacturing
We manage complex API sourcing projects that require innovative, tailored solutions:
- Requirements definition and clarification
- Open Engagement with niche API developers globally
- Developer selection and negotiation of custom development and manufacturing agreements
- GMP audit organization
- Monitoring progress from conceptual design to DMF filing to ensure quality and compliance
GMP Auditing Services (through external partners)
We provide on-demand GMP auditing services through our trusted independent partners to maintain the highest quality standards.
How We Work
Our structured yet flexible process ensures your unique API sourcing needs are met:
Initial Consultation: We start with a questionnaire and an in-depth discussion of your requirements, challenges, and goals.
Strategy Development: Our team creates a customized sourcing strategy tailored to your specific needs and market conditions.
Supplier Discovery and Vetting: We leverage our global network to identify and vet potential API suppliers.
Proposal and Selection: We present you with vetted options and assist in selecting the most suitable supplier(s).
Negotiation and Contracting: We negotiate terms on your behalf and help finalize agreements.
Implementation and Onboarding: We initiate and oversee the relationship with the chosen supplier(s).
Ongoing Support and Relationship Management: We provide continuous support, including support with performance reviews and issue resolution.
Ongoing Support and Relationship Management: We provide continuous support, including support with performance reviews and issue resolution.
Benefits of Our Services
- Direct access to manufacturers – no intermediary markups
- Significant cost savings (20-40% achieved for previous clients)
- Improved supply chain reliability
- Streamlined, direct communication with suppliers, crucial in issue management
- Full compliance with regulatory requirements
- Accelerated time-to-market