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Overview
Chemfinet Services, Inc is a web based custom chemicals exchange which will
significantly reduce the time and costs involved in buying and selling custom
manufactured fine chemicals. We host a marketplace where buyers and sellers of
custom manufactured (or hard-to-source) chemicals can do business to everyone's
mutual benefit.
As a
buyer
, you know that there are literally thousands of manufacturers
of custom chemicals. Each has their own particular strengths and competencies,
but as a busy buyer, you don't have the time to differentiate and qualify more
than a few of them; and by staying inside your own network, you may wind up
with suboptimal (and expensive) results. On the other hand, you don't want to
go blindly into the marketplace and engage suppliers that are difficult to work
with or can't deliver.
As a
seller
, you know that there are hundreds of pharmaceutical and
biotech companies who are seeking reliable suppliers, but you don't have the
time or perhaps the marketing muscle to get qualified by each and every
potential customer. As a result, you wind up with a smaller set of
opportunities, some of which may stretch your capabilities too much - and you
may not find out about key opportunities that take advantage of your
capabilities or profitably utilize that spare capacity.
Chemfinet Services provides a optimal solution to these problems of the buyer
and the seller. We help the buyer quickly find a reliable supplier, saving
time, search costs, and often achieving significant savings in the cost of the
material. We help the reliable seller gain access to a larger universe of
opportunities without the need for additional selling or business development
personnel.
The heart of Chemfinet is the Exchange.
Buyers and Sellers must register
to utilize the Exchange, but there is no cost to do so. Upon registering, the
Buyer
can post an RFQ (Request For Quote) on the site. The easy-to-use form helps you
to specify your requirements for your molecule: quantity, purity, time needed,
and any other requirements. You can provide the chemical structure or we can
draw it for you. Your identity is NOT disclosed to protect your
confidentiality.
The registered seller can review the lists of RFQs (by chemical name or
structure) and then submit bids to the Exchange. Each bid is reviewed by
Chemfinet's Ph.D. staff, who will either approve, reject, or request more
information before posting.
When a new bid is approved, the
Buyer
receives an automatic email with
the details of the bid. If they have questions, they can post them to the
bidder (still protecting their confidentiality) or they can ask for the
assistance of the Chemfinet staff in selecting the desired seller (i.e.
reputation, track record, seller’s expertise in the area). We will help you get
as much information as you feel you need to make an informed decision.
Remember that the Buyer has no obligations UNTIL they decide to accept a bid
and issue a Purchase Order for the materials.
We can also help with
Confidential Sourcing
. Some buyers in the
pharmaceutical and biotech world are simply not comfortable posting their
intermediates or active compounds on our site. If this is the case, we are
happy to help with our
"Off-Site Confidential Sourcing"
Program. We will
directly contact reliable manufacturers whom we expect can produce the
molecules you are seeking to source. We maintain the strict confidentiality we
have on the site, and only disclose the structures to a small selected group of
suppliers. This helps keep the structures on a "need to know" basis.
The team at Chemfinet looks forward to working with both buyers and sellers of
custom manufactured (or hard-to-source) materials to improve your economics,
speed up your cycle time, and make sourcing difficult materials a much more
pleasant process!
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