FAQ’s

FAQ’s

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What information do you need from my company when we use Ingredient IQ

Annual volume expectations for the next 3 years, are you looking to switch suppliers now or is this an information gathering exercise, when you are thinking of switching suppliers, what is the country you use the ingredient in, and names of suppliers you do not want us to approach.

Yes. There is a 4% markup on the transaction to facilitate the escrow management

Yes! The goal of Ingredient IQ is to empower your team to make the best decisions and does not require Savendor as an intermediary.

There is limited public information available on manufacturers. We look at regulatory publications, the reputation of the company, and the quality of interactions a supplier has had with our customers previously.

Ownership of the product goes directly from the manufacturer to your company.

Your company or the manufacturer are responsible for transportation and customs. Manufacturers will be instructed to follow your shipping guidance when applicable.

Savendor‘s goal is to give your team the information to make the best sourcing decisions. We do not have exclusivity with any companies, so we are truly showing you all the options in the market.

Speed of information is built into our DNA. Once we have a partnership in place, you will be able to select a qualified supplier with negotiated pricing in 14 days from inquiry.

We collect, update, and retain the regulatory, specification and quality documentation you need for qualifying suppliers. This means no waiting for quality and regulatory departments.

Yes, when we reach out to suppliers for the customized quotes we share your company name.

Annual volume expectations for the next 3 years, are you looking to switch suppliers now or is this an information gathering exercise, when you are thinking of switching suppliers, what is the country you use the ingredient in, and names of suppliers you do not want us to approach.

Yes. There is a 4% markup on the transaction to facilitate the escrow management

Yes! The goal of Ingredient IQ is to empower your team to make the best decisions and does not require Savendor as an intermediary.

There is limited public information available on manufacturers. We look at regulatory publications, the reputation of the company, and the quality of interactions a supplier has had with our customers previously.

Ownership of the product goes directly from the manufacturer to your company.

Your company or the manufacturer are responsible for transportation and customs. Manufacturers will be instructed to follow your shipping guidance when applicable.

Savendor‘s goal is to give your team the information to make the best sourcing decisions. We do not have exclusivity with any companies, so we are truly showing you all the options in the market.

Speed of information is built into our DNA. Once we have a partnership in place, you will be able to select a qualified supplier with negotiated pricing in 14 days from inquiry.

We collect, update, and retain the regulatory, specification and quality documentation you need for qualifying suppliers. This means no waiting for quality and regulatory departments.

Yes, when we reach out to suppliers for the customized quotes we share your company name.

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To Learn More About How We Can Help You.

Savendor strives to bring finished drug manufacturers the most accurate, up-to-date, unbiased info expediently. Taking the data gathering tasks off the shoulders of your sourcing team grants them the time to focus on strategic work such as contract negotiation, finding savings, and doing supplier evaluations.