This Project is basically provides a cloud based solution for the medical stores so they can manage their inventory, expiry, billbook & credits on a single platform
Problem Statement: Pharmacy retailers has to Manage a very large medicines with their sales records on the billing papers which is a tedious task. As per data 10-15% medicines are expired because they couldn't manage their inventory. Ordering new stocks is being carried out in traditional way with the help of salesman’s & in backend with very large supply chain. Significant amount of money is provided to salesman’s by distributors who invents their time to order new stocks.
Problem With D2C Brands: Market Shares Low Ticket Size Self Inventory Cost Emergency Local Medicines Majority of sales from Low Margin Product
Problem With Retail Supply Chain: Are Not Hospital Attached High Franchise Cost On-road Counter Can not operate in tier-3 cities
Problem With existing software Systems:
Our Approach Towards Industry Problem: Inventory Management: We provide cloud-based inventory management system. So they can easily access from anywhere & anytime. Time : Reduce order placing time by 360 times. Improves margin: Supplies medicines from manufacturer/ C&F Agency to direct Retail stores.(no middle-man), removes labour cost So they can compete with online D2C brands. Removes System cost/ Reduce labour cost. 24*7 Availability. Save to later & wishlist options are available. Expiry Management: We manage their expiry with dates & sellers name so they can replace their stock or get notifications before expiring.. Managing their credits & Bill Book Substitute Problems: for new pharmacist. One Stop Solution for all the products. Provide Data Analytics: Top selling product,today’s sale & profit options & track everything in your store like eye camera. Budget Setup: gives data for lowest & frequently selling products.