AI-powered Pharmacy Stock Management System
Reduce waste, minimize costs, and enhance customer satisfaction with AI-powered inventory management.
Pharmaceutical Inventory Management Challenges
Pharmaceuticals are essential for modern healthcare, offering effective treatments for a wide range of diseases. Optimizing medication usage and minimizing waste is crucial for both pharmaceutical businesses and the environment.
We have developed a software solution that leverages AI models to predict future sales, empowering pharmacies and healthcare providers to make more informed decisions about medication procurement and inventory management.
Sustainability
By minimizing drug expiration and reducing the need for disposal, our AI-powered inventory management solution contributes to a more sustainable healthcare ecosystem.
Reduced costs
Reducing waste, optimizing inventory levels, and ensuring product availability.
Increased productivity
By automating inventory tracking, businesses can eliminate the time wasted searching for missing items and managing inventory manually, significantly increasing productivity.
How does it works
We have created an application which is combining AI models to forecast future sales based on:
- Past sales information per specific product
- Information about substitute products/medicals
- Information about common diseases, their spreading process and treatment
The results from our pilot customers
87%
Accuracy for quarter predictions for the most common medicals
57%
Decreasing the time for in stock analyses and orders
63%
Decreasing the drug expiry
Our solution
Our pilot client experienced significant improvements from effective inventory management, including reduced costs by minimizing drug expiration and avoiding overstocking. By optimizing workforce utilization through automated tracking, managers were freed to focus on core business activities.
Ultimately, this led to enhanced customer satisfaction by ensuring products were always available when needed.
What our pilot customers Are saying
Pharmaceuticals are essential for modern healthcare, offering effective treatments for a wide range of diseases. Optimizing medication usage and minimizing waste is crucial for both pharmaceutical businesses and the environment. Pharmaceuticals are essential for modern healthcare, offering effective treatments for a wide range of diseases. Optimizing medication usage and minimizing waste is crucial for both pharmaceutical businesses and the environment.
Propolis
