Perpetual Inventory

Get on-hand quantities consisently updated to recognize dispensing and replenishment for every item and generic group on a monthly basis.

The Future of Pharmacy is Perpetual 

The Perpetual Inventory Method is the most precise and accurate way for pharmacies to manage their stock levels because it measures inventory continuously in real-time.

Not running perpetual inventory? You may be experiencing these issues with pharmacy inventory management:

Cash flow - blue
Blind Decision-Making
Inventory dollars are only accurate right after a physical count, which may lead to blind decisions being made.
Line chart - blue
Unknown Financial Conditions
The inability to manage cost changes leaves you blind to whether you are making or losing money.
Process - blue
Inventory Innacuracies
The Perpetual Method enables you to improve fill rates and inventory turns, while making time-intensive ordering simple through EDI.
Bar chart -blue
Stock Control
You may experience stock-outs, over-stocking, and elevated expired returns. 
ico
Potential Risk

Elevated odds for theft, fraud, and diversion.

ico_bottle
Lacking Order Precision

Failure to order when stock is needed.

image_card-1
  • On-Hand inventory is always accuracte

  • Financial conditions (inventory investment and profitability) are readily available

  • Shrink is easy to spot when the PMS and shelf disagree

  • Free up working capital
  • Choose manual or automatic EDI ordering 

Key Benefits of Perpetual Inventory:

  • On-Hand inventory is always accuracte

  • Financial conditions (inventory investment and profitability) are readily available

  • Shrink is easy to spot when the PMS and shelf disagree

  • Free up working capital
  • Choose manual or automatic EDI ordering 

Replenishment with Perpetual:

This requires reorder points and on-hand 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.
image_card-1
This requires reorder points and on-hand 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.

Solving an Inherent Pharmacy Problem: 

Maintaining reorder points for thousands of drugs, while recognizing fluctuating demand, is nearly impossible without the proper pharmacy inventory management technology. Datarithm®’s cloud-based software uses algorithms that forecast demand, recognize trends, and automatically resets reorder points accordingly.

img_1

Automation Ups the Ante

heart_1
  • Monthly re-order point optimization—always in lockstep with changing demand and the preferences of management/owners
heart_1
  • Data analysis allows a close study of purchasing trends
  •  
heart_1
  • Reduced ordering time—more time for your patients
heart_1
  • Automatic return and transfer recommendations
heart_1
  • Improved fill-rates and inventory turns
heart_1
  • Intelligent cycle counting

Datarithm® Delivers

Let Datarithm® do the work for you with our Pharmacy Inventory Management System. Schedule your free demo today.

Schedule a Demo