The Pharma industry is one of the dicey industry. The field of health sciences focusing on safe and effective medication use. To maintain medical equipment or drugs we need to cogitate many minute aspects like understanding doctor prescriptions, considering drug expiry date etc.
As online businesses are gaining more and more market share, it is very important for both online and offline pharmacy businesses to deploy a system that helps in responding to customer demands quickly. A system that can help pharmacy business in managing inventory levels, avoid unnecessary piling of the stock that can soon expire or become irrelevant. Plus a pharmacy has to ensure that it retains its existing customers by offering them some discounts on certain products.
The POS offers you multiple shortcuts to perform crucial and repetitive tasks like billing. The system lets you use advanced options like scanning barcodes. Faster billing reduces customer waiting time, adding to a positive customer impression.
Unlike other retail sectors where the unavailability of stock impacts customer impression of the store, here unavailability might cost customers their life. POS helps in managing inventory levels, fix reorder levels, set alerts for inventories whose expiry date is near.
POS allows you to know the list of products that are expired (or close to the expiry) in advance so that you can place orders for those products. Availability of enough stock of each inventory means no or less number of customers returning unhappily due to lack of stock. Plus, you can return the stock to the supplier before expiry.
You can view pending prescriptions with the POS. Checking and maintaining prescription records and data of customers’ medical history helps to serve better.
The pharmacy will be able to suggest a perfect substitute for any medicine or product based on the medicinal ingredients’ composition so that no customer returns empty-handed. This is possible only when you know which stock is available and which not in real-time.
Now, managing relations with the stakeholders of the business is easier and faster. The POS lets you calculate and manage Doctor’s & MR’s commission, incentives & company-wise reports of the sales. You can also find out the profit margin and increase sales accordingly.
Maintain stock of different items and categorize them rack wise to know which item is placed in which rack. Also, you can generate stock reports based on each rack. This is the best way of micromanaging the inventories.
Our POS is VAT compliant. You can generate and share and VAT compliant invoices, generate reports, calculate taxes, file VAT returns seamlessly.
For more information regarding the product, download brochure.