Hello friend,
We're here to help you control your pharmacy inventory, instead of it controlling you.
That's it. That's the idea that led a pharmacist, a software engineer, and a healthcare sales executive to develop our inventory management software for pharmacies of all sizes.
With the coming impact of Direct and Indirect Remuneration (DIR) fees, there’s never been a more optimum time for pharmacy owners to prioritize inventory optimization workflows.
Our blog, "Building a Pharmacy Inventory Optimization Workflow," shares why implementing an inventory workflow is crucial for your pharmacy's success and how Datarithm can help.
Here's How Creating an Inventory Workflow Can Help:
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Cost Optimization: Accurately forecast medication demand and align it with prescription volumes to avoid overstocking or understocking situations, reducing unnecessary expenses.
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Inventory Turnover: Identify slow-moving or obsolete medications and take appropriate actions such as negotiating returns or adjusting ordering quantities. This way, you can free up valuable shelf space and invest in medications with higher demand, ultimately boosting your revenue.
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Minimizing Expiry + Waste: Proactively monitor expiry dates, prioritizing near-expiry medications for dispensing and rotating stock to minimize waste, avoid unnecessary costs, and ensure patient safety.
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Enhanced Patient Care: Identify and procure critical drugs to avoid situations where patients need to wait or be referred elsewhere due to unavailability.
