Keeping track of medications that are about to expire is one of the most difficult tasks for pharmacists. Expired stock impacts overall business efficiency and presents regulatory problems in addition to causing financial losses.
ChemistMitraTM has made it simple for pharmacies to track, regulate, and respond quickly to stock that is about to expire. The platform provides a smart, automated method that minimizes expiration losses, expedites returns, and maximizes inventory turnover for pharmacists.
Let’s see how ChemistMitraTM streamlines the management and tracking of expirations.
Easily identify expired and near-expiry medicines
It doesn’t have to be difficult or time-consuming to manage medications that are about to expire. ChemistMitraTM enables pharmacists to:
- Easily monitor and handle stock that is about to expire.
- Simplify inventory turnover to increase profitability.
Real-time insights to reduce expiry loss
Proactive inventory management is one of the most important strategies to reduce monetary losses from expired products. What ChemistMitraTM offers:
- A unique dashboard that shows the inventory’s age and value.
- Analyzing historical data to maximize purchases.
Pharmacies can have a well-balanced inventory and prevent overstocking slow-moving medications by utilizing data-driven insights.
Daily alerts and notifications
Due to a lack of prompt action, pharmacies frequently lose money on expiring stock. This problem is addressed by ChemistMitraTM with:
- Daily alerts to highlight medications that are about to expire.
- Prompt action helps to avoid needless waste.
Easy returns to save time and effort
It can be difficult and time-consuming to return products that have expired or are almost expired to suppliers. This is made easier with ChemistMitraTM, which offers:
- A concise list of stock that has expired or is about to expire, including supplier information.
- The procedure can be streamlined with a single click to generate returns.
- Easy tracking for returned goods.
Reduce expiry risk with one-click returns for slow-moving stock
Some medications are more likely to expire before being used because they sell slower than others. ChemistMitraTM enables pharmacists to:
- Recognize slow-moving inventory well in advance.
- Create return requests for these products with a single click.
- Reduce financial losses and make space on the shelf for items that sell more quickly.
Stay ahead of expiry and maximize your profits with ChemistMitraTM
ChemistMitra™ ensures pharmacies can run more profitably, keep an orderly inventory, and increase operational efficiency by utilizing smart automation.
Ready to simplify your inventory management? Try ChemistMitraTM today and take control of expiry tracking!
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