Perpetual Inventory

The Future of Pharmacy is Perpetual

The Perpetual Inventory Method is the most precise and accurate way for pharmacies to manage their stock levels because it measures inventory continuously in real-time.

Not running perpetual inventory? You may be experiencing these issues with pharmacy inventory management:

Blind Decision-Making

Inventory dollars are only accurate right after a physical count, which may lead to blind decisions being made.

Unknown Financial Conditions

The inability to manage cost changes leaves you blind to whether you are making or losing money.

Inventory Inaccuracies

The Perpetual Method enables you to improve fill rates and inventory turns, while making time-intensive ordering simple through EDI.

Stock Control

You may experience stock-outs, over-stocking, and elevated expired returns.

Potential Risk

Elevated odds for theft, fraud, and diversion.

Lacking Order Precision

Failure to order when stock is needed.

On-Hand inventory is always accuracte
Financial conditions (inventory investment and profitability) are readily available
Shrink is easy to spot when the PMS and shelf disagree
Free up working capital
Choose manual or automatic EDI ordering

Key Benefits of Perpetual Inventory:

On-Hand inventory is always accuracte
Financial conditions (inventory investment and profitability) are readily available
Shrink is easy to spot when the PMS and shelf disagree
Free up working capital
Choose manual or automatic EDI ordering

Replenishment with Perpetual:

This requires reorder points and on-hand quantities for every item in your formulary. With these in place, you can replenish manually or automatically via EDI through your pharmacy management system when on-hands reach reorder points.

Solving an Inherent Pharmacy Problem:

Maintaining reorder points for thousands of drugs, while recognizing fluctuating demand, is nearly impossible without the proper pharmacy inventory management technology. Datarithm^®’s cloud-based software uses algorithms that forecast demand, recognize trends, and automatically resets reorder points accordingly.

Automation Ups the Ante

Monthly re-order point optimization—always in lockstep with changing demand and the preferences of management/owners

Data analysis allows a close study of purchasing trends

Reduced ordering time—more time for your patients

Automatic return and transfer recommendations

Improved fill-rates and inventory turns

Intelligent cycle counting

Perpetual Inventory

Get on-hand quantities consisently updated to recognize dispensing and replenishment for every item and generic group on a monthly basis.