Centralized Inventory Management
Effectively manage damages in transit, returns, and replacements with a consolidated and centralized inventory management. Seamlessly manage and transfer stock across business units and locations with our pharmacy inventory software.
Product Master &
Category Management
Efficiently categorize medicines and medical equipment, easing and speeding up searching, retrieval, and classification. The comprehensive stock master database in our pharmacy management software facilitates entry of minuscule details, enhancing efficiency in inventory operations.
Accurate Product
Location Management
With our detailed location tracking, identifying the shelf, rack, or bin where each product is stored in the warehouse or your store, is simplified. Avoid delays by searching quickly, and boost efficacy of stock storage and retrieval, managing inventory better.
Setup and Manage
SKU’s Efficiently
Our pharmacy ERP solution helps to identify and locate products quickly and easily with Stock Keeping Units, unique identifier codes for each medicine. Monitor availability, margins, profitability, inventory loss, selling price, and more with just a few clicks.
Ensure Continuous
Stock Availability
Say goodbye to stock-outs and overstocking, avoid dead stock, and ensure uninterrupted availability of medicines, and enhance patient satisfaction with our health tech software. Configure reorder levels manually or enable automated reordering based on stock movement and urgency.
Effective Expiry
Management Solution
Resolve the challenge of monitoring drug expiry efficiently and exercise precise control over drug entries with our unbeatable retail pharmacy software. Maintain detailed record of all drugs and strategize to sell off drugs nearing expiry to avoid dead stock and reduce costs.
Batch And Lot
Tracking
Batch-wise tracking helps to ensure complete, meticulous traceability of medicines and medical supplies. Easily locate any product at any time, simplifying recalls in the event of any issues.
Remote Real-time
Tracking
Track inventory on the go, at any time, with Innsof Pharma’s powerful pharmacy inventory management solution and mobile app. Stay on top of inventory information regardless of the number of warehouses or business locations involved.
Barcode & QR Code
Integration
Barcodes and QR code scanning facilitate speedy and accurate inventory transactions, minimizing delays and enhancing efficiency.
Data-driven Inventory
Decisions
Our pharma retail ERP software offers analytics, demand forecasting, and stock movement patterns that enable informed decision-making when it comes to placing orders with vendors.
Item Master
Maintain a centralized source of truth for detailed product data, streamline operations, minimize errors, and facilitate data-driven decision-making.
Comprehensive database that contains detailed information about specific products that help managers to take informed decisions about products. Information pertaining to manufacturer, ingredients, indications, expiry, quantity purchased, country of origin, various drug codes, category, brand, location, price, unit of measurement, and more, are set up and recorded here. It helps in optimizing and improving the ROI on stocking and selling products, maintaining compliance with regulations and improved decision-making.
Stock Request
Request stocks from other business units effortlessly with seamless connection, optimize inventory, and ensure business continuity.
The stock request feature allows business units facing product or material shortage to request transfers from other units for instant replenishment. By checking available quantity and category, along with the unit, your task is simplified. Automated transfers can ensure accurate inventory records, improve coordination and minimize logistical errors. This feature helps streamline stock transfers, ensuring enhanced utilization of resources, boosting operational agility and facilitating smooth inter-business unit operations.
Stock Transfer
Effortless stock transfers that connect business units and ensure smooth inter-business unit operations.
This feature allows you to record new entries of the transfer of stock from one unit to another, and it can be fetched by the system easily against stock request from outlets or done manually. By adding all the details like quantity (from available quantity displayed) batch, expiry, price, amount, and so on, you can ensure accuracy and ensure that no business unit gets stocked out. Business continuity is facilitated by quick and seamless stock transfer with this feature.
Stock Receipt
Record stock receipts accurately, track and verify transfers, maintaining full transparency and control over stock.
Recording receipt of stock transfer as marking acknowledgement easily against stock transfer from store or other business units, and entering the relevant details helps in maintaining transparent, accurate records of available stock of different products, along with the batch, price, expiry, and other details. This helps in knowing when to reorder, and also ensures that the stock details are updated in the system to reflect the actual position.
Stock Physical Count
Ensure accurate inventory with stock verification in real time, and simplified discrepancy tracking.
Verify the stock on hand easily with this feature, compare the physical count with the system records, and check for differences. This feature helps in checking for discrepancies, and immediately detect administrative errors, fraud, inventory shrinkage, loss, or theft. Real-time stock counting and verification can help you maintain up-to-date inventory data, and devise methods to minimize inventory loss and ensure accuracy of records. This feature also helps in making improved demand forecasting and boosting supply-chain efficiency.
Product Conversion
Extend shelf life and easily convert stocks nearing expiry into saleable products, maintain control, and boost profitability.
Here you can select the business unit and site, and the item which has to be converted as it’s nearing expiry. Its details like batch, expiry, etc. are displayed, and you need to enter the quantity and amount. This feature helps you to minimize dead stock by pushing products close to expiry to be converted, so that they can be sold as quickly as possible. This can help you eliminate or minimize losses from unsold stock.
Expiry Tracking
Stay On Top of Expiry, Track, Manage, and Act on Ageing Stock with Precision, Visibility, and Timely Notifications.
Expiry tracking is crucial for managing inventory that’s time sensitive or perishable. By monitoring product shelf-life precisely, you can track and act on ageing stock before it expires. Get visibility in real time and prompt notifications to prioritize stock rotation, reduce wastage, and stay compliant with safety regulations. Ensure quick identification and removal of expired goods, protect customer safety and optimize inventory turnover with this feature. Notify relevant business units about products reaching expiry, and enhance overall efficiency and profitability of operations.
Smart Inventory Management with Real-Time Visibility, Location Sync, and Actionable Insights
