Pharmacies need specialized inventory management. Here's what pharmacy software must handle.
Medicine Inventory Management
Track medicines by generic name, brand name, strength/dosage, form (tablet, syrup, injection), and manufacturer. Pharmacy inventory needs precision.
Batch & Expiry Tracking
Critical for medicines: - Every purchase has batch number and expiry date - FIFO (First In First Out) or FEFO (First Expiry First Out) - Expiry alerts (30/60/90 days before) - Expired stock reports - Cannot sell expired medicines
Stock Valuation Methods
FIFO ensures older stock sells first. FEFO prioritizes medicines expiring soonest.
Supplier Management
Track purchase terms, credit periods, return policies, and supplier performance. Many pharmacies get medicines on credit — software should track payables by supplier.
IRD-Compliant Billing
Pharmacy bills must be IRD-compliant, show medicine details (name, batch, expiry, manufacturer), and handle prescription requirements.
Generic-Brand Lookup
When doctor prescribes generic, quickly find available brands, compare prices, and suggest alternatives to customers.
Integration Needs
Integrate with distributor systems for electronic ordering and hospital/clinic systems for prescription import.
Regulatory Compliance
Track controlled substances, maintain narcotic registers, and handle government pharmacy reporting requirements.
NitiERP inventory module includes pharmacy-specific features with full expiry tracking and FIFO/FEFO valuation. Explore our dedicated Pharmacy & Medical Store Solution or the integrated Hospital & Healthcare HMIS.
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नेपालीमा
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