Pharmaplus+ Automated Purchase Orders allow retail pharmacies in India to automate the inventory ordering process based on real-time stock levels. This feature helps pharmacies prevent stockouts, avoid overstocking, and reduce manual workloads by ensuring timely and accurate procurement, all while optimizing inventory management.
The Problem It Addresses
Manually handling purchase orders can be time-consuming and prone to errors. Without a streamlined system, pharmacies risk running out of essential medications or over-ordering items that move slowly. Missing opportunities to replenish inventory in time can result in dissatisfied customers, while overstocking leads to waste. Pharmacies need an automated procurement process to maintain ideal stock levels, improve efficiency, and minimize manual tasks.
How It Works
Pharmaplus+ Automated Purchase Orders continuously monitor inventory levels and generate purchase orders when stock drops below a predefined threshold. Pharmacy managers set reorder points for critical products, ensuring that the system automatically creates and sends purchase orders to suppliers before stock runs out. By using real-time data to manage inventory, pharmacies avoid shortages and over-ordering. Pharmacies can also manage supplier details, customize the frequency of orders, and track the status of each purchase order directly through the system.
Key Benefits to Retail Pharmacies
- Automate Reordering Automatically generate purchase orders based on real-time inventory levels, eliminating the need for manual stock checks.
- Prevent Stockouts Ensure essential medications are always in stock by reordering before items run out.
- Reduce Overstocking Maintain optimal stock levels and reduce waste by only ordering what is needed, preventing excess inventory.
- Increase Efficiency Save time and reduce errors by automating the procurement process, allowing pharmacy staff to focus on customer service.
- Track Order Status Monitor purchase orders in real-time for improved supplier coordination and better control over procurement.
Real-World Use Case
A pharmacy in Ahmedabad faced frequent stockouts of fast-moving products due to the limitations of manual purchasing. After implementing Pharmaplus+ Automated Purchase Orders, the pharmacy automated its ordering process based on real-time inventory levels. This reduced stockouts by 30%, ensuring that essential medications were always available. The automated system also decreased manual errors and significantly reduced the time spent on procurement management, improving the overall efficiency of their operations.
Feature Impact
Pharmaplus+ Automated Purchase Orders provide pharmacies with the ability to streamline the procurement process and maintain optimal stock levels without manual intervention. By automating inventory management, pharmacies reduce the risk of stockouts and over-ordering, leading to better inventory accuracy, improved operational efficiency, and enhanced customer satisfaction.
Free for Life Plan
Pharmaplus+ offers Automated Purchase Orders as part of its free plan, allowing retail pharmacies to automate their procurement processes without any additional costs. Pharmaplus+ provides a comprehensive inventory management and supplier coordination solution, with optional advanced features available for larger or more complex pharmacy operations.