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Pharmaceuticals

Pharmaceutical Company Achieves 100% Compliance Across 6 GCC Countries

Eliminating $75K in regulatory fines through systematic HS classification

Company Overview

Company
GulfPharma Industries
Company Size
Enterprise (500+ employees)
Location
Riyadh, Saudi Arabia
Implementation
Q3-Q4 2024 (6 months)

The Challenge

GulfPharma Industries operates across all six GCC countries, importing pharmaceutical products, medical devices, and healthcare equipment. Each country has specific regulations and documentation requirements for medical imports. The company was struggling to maintain consistent HS code classifications across different jurisdictions.

  • Compliance issues leading to rejected shipments and regulatory fines totaling $75,000 in 2024
  • Manual classification process was time-consuming and error-prone across 6 jurisdictions
  • Lack of standardized approach for medical device classification
  • Difficulty tracking changing regulations and tariff schedules across countries

The Solution

GulfPharma implemented FindHS Codes as their central classification platform. They created a standardized database of HS codes for their entire product portfolio, used the platform's GCC-specific classifications to ensure compliance with each country's requirements, and integrated our API into their ERP system for automated classification.

  • Built comprehensive HS code library for 1,200+ pharmaceutical SKUs
  • Implemented country-specific validation workflows for all 6 GCC markets
  • Integrated platform API with SAP for real-time classification verification
  • Established compliance dashboard tracking classification accuracy and regulatory updates

The platform's GCC-specific classifications and regulatory insights have been game-changing for our compliance operations. We've eliminated costly errors and streamlined our import processes across all six countries.

Dr. Fatima Al Zaabi
Chief Compliance Officer, GulfPharma Industries

Results Achieved

100%
Compliance Rate
$0
Regulatory Fines (vs $75K)
60%
Faster Processing Time
95%
Fewer Rejected Shipments

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