Be it the need to have patient medical information in the POS system, having to track expiration dates of inventory, or battling ever-changing regulations and tax laws, pharmacy retailing places distinct demands on solutions. Also, given that some drug formulations are price- or license-regulated, there needs to be clear accounting and tracking of expiry, cost, price and margin on each product.

SkillNet has worked with international pharmacy retailers and has experience in working with legacy and best of breed systems to create processes and best practices. SkillNet has created the following best practices in multiple-format or exclusive pharmacy retailing. SkillNet’s flagship retail integration framework, StoreHub™, stores much of this information in the form of meta data that can then be plug-and-played to legacy, turnkey or best of breed systems to create seamless processes-

Product or Batch-management

• Track batches across processes
• Track expiration date
• Price batches separately

Inventory Management

• Monitor inventory of expiring items
• Generate replenishment PO’s for expired items

Warehouse Management

• Direct-to-store delivery model for many SKUs (especially drugs which cannot be stored in general purpose warehouse)
• Physically store inventory in warehouse by batches
• Distribute SKUs with expiration on FIFO basis from the warehouse
• Store Systems/ Operations Management

POS systems to keep patient medical records

• Handle pharma and non-pharma items differently
• Ability for system to handle drug formulation preparation from ingredients at the store pharmacy