Challenges faced by Retail Pharma Industry

Managing a pharmacy store is not easy, you have to keep a check on the accuracy of billing details, expiry of products, selling and keeping track of P&L of the store, all simultaneously. There are numerous pharma retailers who still operate manually and face multiple problems in everyday operations. Whether it’s a standalone pharma store owner, or pharma retail chain owners. Pharmacists are a very crucial part of the healthcare industry, it is very important that they know their pharmacy in and out, drug availability, drug alternatives etc. Identifying the unique challenges encountered by this system becomes very crucial. Technology is the Answer. By using this technology, pharmacists can efficiently review orders and manage the inventory, handle billing and manage customer relationships.  Here are the 3 major issues that retailers of today are facing while running their pharmacy stores seamlessly. 

• There is a consistency in errors while generating and sharing reports.

• Inability to update inventory in real time and  absence of historical data.

• Lack of workforce management 

The traditional way in handling complex processes usually leads to errors and time consumption. Using spreadsheets and manual ways of working can lead to major losses in the pharma business.  Over the years there has been a sudden increase in the  use of the pharmacy software in the pharmaceutical industry.  Using technologies on E- commerce platforms has increased the visibility, reliability and connectivity within the pharmacy chains. The pharmacy management software ensures to make you prepared for all the disruptions and helps you run the business efficiently. A pharmacy management system provides insights and streamlines management of tracking and optimizing the supply of pharmaceutical products. It ensures to make you prepared for all the disruptions and helps you run the business efficiently. Having ERP software in your pharma business is moving towards increased profits. Using Pharma ERP software has increased connectivity that is required to run the pharmacy chains, or any other pharma venture effectively. ERP solutions make sure to manage your end-to-end pharmacy management at one go. The Pharma software is clearly playing a big role in it, considering how easily it helps pharmacies grow from single store to multiple-stores. Using pharma ERP technology has increased the transparency, real time sync and connectivity that is required to run the pharmacy chains, or any other pharma venture effectively.  A good pharma billing software is the best solution to all the day-to-day problems at your pharmacy. But, to begin with, chemists need to choose the right Pharmacy management software

Which ERP can solve all the Pharmacy management problems?

According to  a recent research in India,  there are Inventory and workforce problems in the pharmacies despite the growth of the technology in the pharmaceutical industry.  The retail pharmacies across India are blessed with two major products from C- square, Ecogreen for multi chain stores and Ecogreen Express for standalone stores. C-Square offers a complete and comprehensive ERP & POS software to manage all the operations in the pharmaceutical industry.  Ecogreen express is a one-stop automation and medical store management solution for pharma retailers. It supports the retailers with full control of  inventory management without the hassle of doing manual opening stock entry. The installation time is not more than 20 minutes for a quick billing process. It focusses on modules like sales, offer management, billing and accounting home delivery management etc., for your store.  “Ecogreen Express – It is a very well-organized and streamlined software for the pharmacy business.”- Mani Shankar Panda, Owner of CurePlus Pharma Ecogreen ERP software has been one of the greatest examples of accomplishing and meeting various requirements of the consumer. Ecogreen is a complete Business ERP software to manage all requirements of a pharma retail chain business, making your business efficient & effective by meeting all the unique requirements of the customers.  To grow profits and run your business without any obstacles it’s time for you to make a smart choice and choose the best.