Pharmacy Inventory Management Software

Inventory Controls

Seamlessly track all inventory levels in compliance with state and federal requirements, including all fields required for DSCSA (Drug Supply Chain Security Act effective Nov/2023)
Run multiple simultaneous inventories at the same time, physical or virtual (340B) using the same NDC numbers across as many inventories as the pharmacy needs
Full ingredient level inventory tracking for compounded prescriptions including the ability to track crated batches of medications
Automatically update inventory levels for medications returned to stock, including the ability to print return to stock labels

Intelligent Ordering

Drug ordering based on the pharmacy’s usage (Day Supply Based Ordering) or by Periodic Automatic Replenishment (PAR) level, with the ability to automatically adjust for upcoming refills due
Ability to show cost comparisons between wholesalers
True EDI ordering directly from the pharmacy system to the wholesaler or order directly from the wholesaler and still get electronic inventory level updates when the drugs are delivered

Cost and Pricing Controls

Automatic AWP price updates nightly
EDI cost updates updated automatically from all wholesalers that a pharmacy utilizes
Track separate costs/prices by separate inventory
Full suite of inventory reporting including, total cost on shelf, overstocked drugs, etc…

Our Most Popular Solution

PrimeRx Pro

The PrimeRx Pro package is the ideal solution for sophisticated retail pharmacies. It includes a very comprehensive set of functionalities that streamline workflows and optimize the daily tasks of the system’s users. PrimeRx Pro is highly configurable in order to meet each pharmacy’s unique needs.

FAQs

What system helps the pharmacy with inventory?

PrimeRx is an outstanding system designed to assist pharmacies with inventory management. It streamlines the process, ensuring that inventory levels are optimized, reducing waste, and improving efficiency. With its comprehensive features, PrimeRx allows for real-time tracking of stock levels, automatic reordering, and detailed reporting, making it an indispensable tool for any pharmacy looking to enhance its inventory management.

What are the pharmacy inventory control tools?

Among the various inventory control tools available, PrimeRx stands out for its comprehensive suite of features tailored specifically for pharmacies. It includes tools for automated reordering, expiration tracking, and real-time inventory monitoring. PrimeRx also offers advanced analytics and reporting capabilities, helping pharmacies make informed decisions about stock levels, trends, and order management.

How do you manage pharmaceutical inventory?

Managing pharmaceutical inventory effectively requires a robust system like PrimeRx. This system allows for efficient management through features such as automated ordering, which ensures you never run low on essential items, and expiration date tracking, which helps minimize waste. Additionally, PrimeRx’s detailed analytics and reporting tools enable pharmacies to analyze usage patterns, forecast demand, and make data-driven decisions to optimize their inventory levels.

Which is the most commonly used inventory method in pharmacy?

The most commonly used inventory method in pharmacies is the perpetual inventory system, and systems like PrimeRx enhance this method’s efficiency. PrimeRx automates the tracking of inventory in real-time, providing pharmacies with up-to-date information on stock levels, orders, and dispensations. This allows for continuous monitoring and management of inventory, ensuring accuracy, reducing errors, and improving overall pharmacy operations.

By utilizing PrimeRx, pharmacies can leverage these tools and methods to maintain optimal inventory levels, improve operational efficiency, and enhance patient satisfaction through better stock availability and management.