News | Datarithm: Inventory Controlled

Computer Talk: Dead Rx Inventory | News | Datarithm

Written by Datarithm Team | Apr 1, 2019 4:00:00 AM

Pharmacy inventory represents a controllable expense that should yield a profit if managed correctly. Unfortunately, in the world of community pharmacy, the time between the layout of capital and the realization of profit carries a degree of uncertainty. As a result, community pharmacy has a cash flow challenge that is often taken advantage of by larger direct competitors with their incestuous relationships to the capital layers of big pharma. A community pharmacy’s inventory, or formulary, is an inherent risk at best and a bad bet at worse. Click here to read the rest of the article.