A pharmaceutical inventory management system is crucial for maintaining efficiency, compliance, and patient safety. Here are the most important aspects:
Ensures precise stock levels to avoid overstocking or shortages.
Real-time tracking of drug expiration dates, batch numbers, and lot tracking.
Must adhere to FDA, WHO, and local regulatory standards.
Proper record-keeping for audits and recalls.
Alerts for upcoming expirations to minimize waste.
FIFO (First-In, First-Out) and FEFO (First-Expire, First-Out) methods to optimize usage.
Reduces manual errors with barcode/RFID scanning.
AI-driven demand forecasting for restocking efficiency.
Restricted access to controlled substances.
Audit trails to track who accessed what and when.
Automates reordering based on stock levels.
Tracks supplier performance and delivery timelines.
Connects with Electronic Health Records (EHR) and billing systems.
Supports seamless pharmacy operations and insurance processing.
Would you like suggestions for specific software solutions or custom development for such a system?