Pharmacy

Primary Challenge:

Maintaining an environment that contains substitutive and alternative products

Negative Consequence:

Many categories suffer from too much inventory and narrow realized margins

Our Approach:

Smart replenishment integrates business considerations like trade agreements and margins, with elements of inventory management, including setting adjusting targets.

The result:

30%

Return on sales

We Know your Industry

Pharmacies need to maintain the high availability of a wide range of products, some of which are interchangeable, and most have relatively narrow margins.

Over-the-counter (OTC) products are lean on margins, and it is a struggle to maximize availability while keeping inventory low. For off-the-shelf (OTS) products, the game is learning how to utilize shelf space to maximize margins. The end goal is to optimize the rotation of generic drugs and maximize margin realization from the shelves.

Onebeat’s platform optimizes the inventory of generic drugs, considering substitution of products that share the same drug molecule. Our AI tracks the performance of each SKU in each node of the system and replenishes it based on real demand, integrating business considerations like trade agreements and margins.

Smart Replenishment

Prioritized replenishment based on actual sales potential.

Best Seller Utilization

Protect sales by leveraging the potential of fast-moving items. Ensure best sellers are populated at the right stores, at the right quantity.

Adaptive Assortment Management

Maximize the effectiveness of each store’s offering by monitoring and adjusting the range of products in each category based on real on-time data.

“Availability and inventory optimization two words that we always remember because of the benefits we have gained from Onebeat implementation. Simple, easy-to-use application that can be seamlessly integrated with other software in the company, such as ERP and point-of-sale.”

Felipe De La Cruz Cepeda

Director de Planeación