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PERPETUAL INVENTORY AND AUTOMATION
CAN HELP PHARMACIES SURVIVE AND THRIVE
Struggling to control your pharmacy inventory? Unlock the true power of your Rx inventory with the Datarithm® solution—an intuitive, cloud-based inventory management software system for pharmacies of all sizes. Have complete and customizable control of your largest investment and biggest expense. Learn how moving to perpetual and/or automating your process can be transformative!
Schedule Your Free Demo
Common Pharmacy Challenges
- Stiff competition
- Declining and negative reimbursements - DIR fees
- Constant crush of PBM’s
Let Datarithm® Do the Work For You
Tap into your RX inventories as a much-needed source of working capital. Start optimizing your largest investment and biggest expense.
Datarithm® helps you streamline operations, reduce loss, and increase cash ow for your pharmacy!
It’s easy to convert cash to inventory...
The challenge is converting inventory to cash.
Perpetual
Perpetual inventory updates inventory quantities in real-time and allows reports to be run that can help improve customer service by identifying low or out of stock situations. On-Hand quantities are constantly updated for dispensing and replenishment.
Replenish
This requires reorder points and quantities for every item in your formulary. With these in place you can replenish manually or automatically via EDI through your pharmacy management system when on-hands reach reorder points.
Automate
Maintaining reorder points for thousands of drugs, while recognizing uctuating demand, is nearly impossible without technology. Our cloud-based software uses algorithms that forecast demand, recognize trends, and automatically resets reorder points accordingly.
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Common problems when not running perpetual inventory
- Inventory dollars are only accurate right after a physical count, which leads to blind decisions
- Financial conditions are largely unknown (inability to manage cost changes leaves you blind to whether you are making or losing money)
- Inventory inaccuracies
- High exposure to stock-outs,
over-stocking and expired returns
- Elevated odds for theft/fraud /diversion
- Time-intensive ordering
Get Started with Perpetual Inventory
- Conduct a physical inventory (On-Hands needs to be accurate)
- Set and maintain reorder points (Mins/OP’s) and reorder quantities (Max/OQ’s) for all items, while recognizing generically equivalent groups and constant changes in dispense volume. (Manually or through Automation)
- Establish “preferred” items in generic groups
- Adjust On Hands for all dispense and replenishment events
- Place orders when On Hands </=Min/OP· (Manual or EDI)
Bene ts of Perpetual Inventory
- On-Hand inventory is always accurate
- Financial conditions (inventory investment and
profitability) are readily available
- Theft/fraud/diversion—shrink is easy to spot when
PMS and shelf disagree
- Free up working capital
- Choice of manual or EDI ordering
Automation—Expected Results
- 20% average net inventory reduction
- Improved fill rates (98% managed service level)
- Faster turns (35%/4+PT average improvement)
- Increase profitability and cash ow
- Reduce “dead” stock and expired drugs returns
- Shift the risk back to the wholesaler—order expensive
items just in time
- Carry stock to meet demand
Bene ts of Automation
- Monthly re-order point optimization—always in lockstep with changing demand
- Automatic return and transfer recommendations
- Improve fill-rates and inventory turns
- Intelligent cycle counting
- Data analysis allows a close study of purchasing trends - Reduce ordering time—more time for your patients
OUR GOAL IS TO INCREASE STORE PROFITS WHILE ENHANCING CUSTOMER SERVICE.
877.273.5112 info@datarithm.co datarithm.co CONTACT DATARITHM® TODAY FOR A FREE, NO-OBLIGATION DEMO.
Promotional Flyers
877.273.5112 info@datarithm.co datarithm.co
CONTROL YOUR INVENTORY, INSTEAD OF IT CONTROLLING YOU.
EVERYBODY WINS WITH DATARITHM®
Get started today and have complete and customizable control of your largest investment and biggest expense— your pharmacy inventory. Give tech’s the best technology in the business, free up pharmacists to succeed.
And empower managers and owners to consistently manage Rx Inventory the way they want.
Best of all, Datarithm® is cost effective. So, take control of your pharmacy inventory instead of letting it control you.
Frontline
Technicians
Your techs work in a fast- paced and high-pressure environment. Compliance and other impending regulations make it more demanding every day. Relax. Datarithm® is here with the tools they need to do their jobs better than ever before.
Convert inventory into CASH while decreasing loss!
$43,700 Average Inventory Reduction per
Pharmacists
Let’s face it. Pharmacists are the cornerstone of
any pharmacy. But they are only as good as the controls and systems your operation has in place. Give them what they need. Give them the inventory control solution they deserve. Give them Datarithm®.
Managers
Information is power. Easily accessed and understood information is a true super power. With Datarithm® pharmacy managers can view the entire operation, or review individual store performance and they can do it from any connected device at any time. Now that is power!
Directors and Owners
Many Datarithm® clients enjoy a 4-point turn-rate improvement and realize
a 20% reduction in their inventory investment! Best of all Datarithm® is extremely cost effective and typically pays for itself in less than 3 months. Now that’s a great ROI.
Invest in Datarithm® today.
Datarithm® location
• Improve Inventory turns
• Returns management and transfer opportunities
• Manage multiple locations
• Order point optimization • Improved cash ow
• Improve ll rates and
customer service
SCHEDULE A FREE CONSULTATION TODAY
877.273.5112 info@datarithm.co datarithm.co
CONTROL YOUR INVENTORY, INSTEAD OF IT CONTROLLING YOU.
REDUCE YOUR PHARMACY INVENTORY BY 20% AND IMPROVE TURNS BY 4-POINTS.
Optimize your prescription drug inventory and improve pro ts with Datarithm®—
an intuitive, cloud-based inventory management software system for pharmacies of all sizes. Using our exclusive forecasting tool, reorder points are automatically reset for every item every month based on changes in dispensing patterns and management/owner preferences. Datarithm® then attacks surplus and dead stock through automatic, simple return and store-to-store transfers. Our cycle counting tool will assure consistent accuracy of your on-hand inventory. Plus, with our advanced analytics, Datarithm® provides insights on inventory trends, movement, availability, cost, customer service and task completion by pharmacy staff.
Stop by our booth to learn about our show specials!
Forecasting/ Inventory Cycle Advanced Order Points Balancing Counting Analytics
SCHEDULE A FREE CONSULTATION TODAY
877.273.5112 info@datarithm.co datarithm.co
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