“In the first 3 to 4 weeks with Datarithm we did about $100K worth of returns. Datarithm has, from a pharmacy that we felt was well stocked with very few “we owes”, decreased our overall inventory by $320K and did not greatly increase our “we owes”. The product works by decreasing your inventory levels while not inconveniencing your patients.”
William Cooper – Pharmacy Manger – PRMC Home Scripts – 1-Store operation using Rx30 software
“Datarithm’s reporting (Inventory List) helps ensure our order points are on the cheapest drug in a generic group, it also ensures we are ordering an adequate amount of medications up front avoiding the extra work it takes to return overstock items. Datarithm customizable cycle counting has eliminated the stress of an annual inventory count. Now we count a small number of items daily which ensures everything is in order each day.”
Evelyn Oggunubi – Pharmacy Technician – PRMC Home Scripts
“The Forecast Dashboard provides a “heads up” on how our inventory is performing daily and it shows the work our staff has completed to improve our inventory. The High-Low Usage helps us quickly identify unexpected changes, like why do we have so much of a drug or not enough of another? The Manage Generic Groups report helps us identify items that we missed when trying to manage so many different generics. We have saved so much money by reducing our on-hand, especially in our fridge. We barely ever pull anything that has expired anymore.”
Erin Dudley – Staff Pharmacist – PRMC Home Scripts
“Datarithm’s Cycle Counting feature keeps our inventory more organized; our on-hands are more accurate than ever. Datarithm is a quick way to keep your inventory organized, plus everyone is working and analyzing the inventory; it is convenient because we can research a drug’s history and have a say in its future.”
Sandra Dise – Pharmacy Technician – PRMC Home Scripts
“Datarithm has been great for my business and cash flow. The recommended transfers helps burn dead items from stores that don’t use it to stores that do. It has truly engaged all of my employees in inventory control.”
Kyle McHugh, Owner/Operator of Gaston Family Pharmacy. 6-Store operation using Pioneer Rx software.
“The thought of moving from our wholesaler-based inventory management system after roughly 11 years or so was pretty scary. My staff and I had a great level of comfort in the familiarity of how things worked. However, it seemed that while our inventory level stayed fairly steady from a dollar value perspective, we were constantly battling excessive amounts of “shorts” or “owes”. It was like we never had the right mix on our shelves. Based on our turns and our cash flow, I felt like we were doing a pretty good job of keeping our inventory at the right level and I felt like moving to Datarithm wouldn’t so much decrease our inventory value as it would increase our service level. I was pleasantly delighted to be wrong! In just a couple of months, our inventory dropped has over $85,000 between our 2 stores! Simultaneously, our service level has gone up. We aren’t out of near as many items as we previously were and our customers are noticing the difference! With Datarithm’s help, we will continue to work on getting just the right mix of products on our shelves to keep our patients happy and healthy.”
Jana Bennett, Co-Owner of Randy Bennett Enterprises. 2-Store operation using Rx30 software.
“I was very skeptical, but I took a chance on Datarithm. I really didn’t think my inventory could be managed any better. Inventory management is a huge focus in our store and I thought we had a pretty good system. However, now, with the help of Datarithm, the amount of inventory we carry has been reduced by $30,000. Datarithm’s capability to exclude cycle fill prescriptions in the item’s when calculating the recommended on hand quantity has made all the difference. We were able to return almost $20,000 to the wholesaler and have allowed the remaining items BOH to “shrink” to Datarithm’s recommendations. By trusting the program, the amount of time I spend ordering each day has greatly reduced. Plus, our IOUs have reduced. It works seamlessly with PioneerRx. Take a chance on Datarithm – you won’t be disappointed!”
Kim Bost, Pharm D., Owner of Homer Drug Company. 1-Store operation using Pioneer Rx software.
I consider Datarithm one of the essential partners for my independent pharmacy business. Inventory control is a vital task that pharmacies need to be actively working at all times. Datarithm’s tools and capabilities make them the perfect partner for maintaining good inventory control. They keep me on top of my inventory when I get bogged down with other pharmacy owner tasks. I am also extremely pleased with their tech support and response time. I recommend Datarithm for all pharmacy owners.
Teresa Stickler, Owner of Melrose Pharmacy. 1-Store operation using Computer Rx software.
Before Datarithm I was using my wholesaler’s software version for perpetual inventory control. After using that system for a number of years I did not realize any real difference. I was having to manage that data more and more and eventually I did not trust the data. In today’s environment it is essential that you make decisions using accurate data you can trust. Datarithm immediately began to produce that type of data for me.
With that data I now have complete control of my inventory, I am more efficient which makes me more profitable.
Gabe Guijarro, Owner of The Medicine Shoppe Pharmacy of Lufkin, TX. 1-Store operation using Computer Rx
Reception to customer feedback and willingness to consistently and constantly improve their software will keep Datarithm thriving and vibrant for years to come. The 20-25% reduction in inventory overhead and ease of inventory management simply become the icing on the cake.
Kyle Yoder, PharmD, Pharmacist Manager of Moose Salisbury Pharmacy of Salisbury, NC. 1 of 5 Moose locations using Datarithm & Pioneer