Pharmacy network procurement management system

Business challenge

A US-based pharmacy chain was looking to revamp its medication management practices by streamlining procurement, introducing real-time drug stock control, and establishing a secure information flow between its main office, warehouses, and pharmacies.

The ultimate project goals were to reduce losses, cut down on processing time per customer, and increase revenue.

Delivered solution

SmartexLab’s expert team employed the most advanced technologies and presented the client with a state-of-the-art procurement management solution that united multiple function modules in a swift and coherent system.

The delivered modules include drug stock control, procurement analytics tools, pharmacy selling module, data archiving, and existing software, and NDC database integration.

• Drug stock control

Verifies physical stock in real time across numerous sources and helps register new supplies in a fast and error-free manner.

• Procurement analytics

Generates prompt and accurate reports with regards to sales, amortization and losses, and suggests data-driven inventory adjustments.

• Selling module

Streamlines sales operations, synchronizes pharmacy inventory, registers patients and prescriptions, processes e-prescriptions, and helps create modules for new prescriptions.

• Data archiving

Fetches and saves data over a 10-year time span.

• Software Integration

Syncs the platform with the pharmacy’s existing software for billing, selling, etc.

• NDC database integration

Aligns the pharmacy system’s master files to National Drug Codes to identify the dispensed products.

Project results

The innovative multi-module procurement suite empowers the client’s employees to digitize their drug stock management practices and optimize workflow.

Aided with a robust selling module and a procurement analytics toolkit, the client eliminated cumbersome time-consuming tasks and reached drastic quality and productivity improvements.