Pharmaplus+ Product Expiry Alerts empower retail pharmacies in India to manage product expiration dates efficiently, ensuring that no expired medications or products are sold. This feature helps pharmacies reduce waste, improve inventory management, and stay compliant with regulatory standards.
The Problem It Addresses
Pharmacies often struggle to manually track the expiration dates of a wide range of products, increasing the risk of accidentally selling expired medications. This not only poses a significant health risk to customers but also can result in regulatory penalties. Pharmacies need a reliable system to monitor product expiration dates and take timely action to rotate stock effectively.
How It Works
Pharmaplus+ Product Expiry Alerts continuously monitor the expiration dates of all products in the pharmacy’s inventory. The system sends timely alerts to notify staff when products are approaching their expiration. This allows pharmacy staff to remove, discount, or dispose of items before they expire. By ensuring that expired products are not sold, pharmacies can protect customer safety, reduce waste, and remain compliant with regulatory requirements.
Key Benefits to Retail Pharmacies
- Timely Expiry Notifications Receive automated alerts when products near expiration, allowing for proactive stock management.
- Improve Patient Safety Prevent the sale of expired medications, reducing health risks and building customer trust.
- Minimize Waste Rotate stock efficiently and take action on expiring products to reduce waste.
- Ensure Regulatory Compliance Stay compliant with legal standards by removing expired goods promptly.
- Enhance Inventory Management Manage stock more effectively with real-time expiration tracking, ensuring products are sold within their shelf life.
Real-World Use Case
A pharmacy in Delhi implemented Pharmaplus+ Product Expiry Alerts to stay on top of expiration dates for its medications and OTC products. The system provided early alerts for products nearing their expiration date, allowing the pharmacy to offer discounts on soon-to-expire items. Over six months, the pharmacy reduced expired product waste by 20% and improved customer satisfaction by ensuring that only safe, in-date products were available for sale.
Feature Impact
Pharmaplus+ Product Expiry Alerts ensure that pharmacies can effectively manage stock and expiration dates, improving patient safety, reducing product waste, and maintaining regulatory compliance. With automated expiry tracking, pharmacies can focus on providing excellent service while optimizing their inventory management practices.
Free for Life Plan
Pharmaplus+ offers Product Expiry Alerts as part of its free plan, giving retail pharmacies the ability to manage expiration dates and product rotations without additional costs. Pharmaplus+ provides a comprehensive solution for inventory management, with optional advanced features available for larger-scale operations.