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Home >> Industry >> Retail - Pharmacy
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Retail - Pharmacy
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To empower businesses with the tools and technology needed to flourish in a highly challenging marketplace, retail pharmacists needs more than a billing system that can help in procurement planning and inventory management by monitoring daily sales, tracking item expiry, forecasting based on recurring customers and historical sales.
| | Challenges |  | To ensure sustainable growth for longer term, retailer should extend product availability while maintaining complete range of product. | | Optimum inventory management to avoid over stock, under stock, dead stock and out of stock situations. | | Integrated customer loyalty programs for point redemption schemes and discounts. | | Proactively monitoring expired and near to expiry date items. | | Sustaining growth in the global market where the price of the same medicine varies from supplier to supplier. | |
Maintaining stock of an item with multiple prices, batches and from multiple suppliers.
| | Excellon Advantage | | Availability of multiple purchase planning tools to automate procurement process. | | Availability of multiple inventory planning and analytic tools for optimize inventory management. | | Providing additional features like customized offering and discount coupons/ loyalty cards to influence customer spending. | |
Comprehensive item configuration for multiple pricing, supplier and batch maintenance.
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