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News
Views...Industry News
Technology changes the trends in Pharmaceutical industry.
Difficulties
and challenges...
Gone are the days when one thought technology would be confined
to major players, because the cost of a PC was more than INR
Rs.50000.00/- or above. Today with the dwindling down of prices,
PC's are today affordable for even a "small-scale trader".
Technology has become a powerful tool, for the small players
too. Technology definitely helps in increasing efficiency,
productivity, and profitability in terms of cost, time and
money.
It
is high time that every retailer chemist should go for automation.
For last several years, there are many Pharmaceutical companies
coming in the market. Over 1000 products are being introduced
in the market every year. Each product has its own forms and
formulations, making the range of products almost double.
Adding to this, due to intense competition, a retail chemist
has also to keep consumer products + household goods to increase
his sales and also to provide an add-on value to his customers.
All this and many other factors contribute to force a retailer
to invest more in stocks, which asks for more investment.
More stocks leads to more requirement of space. There is no
way, where one can acquire more space in his existing place.
Either he has to make some intelligent arrangement in his
infrastructure or he has to go for more space by leasing out
or investing in a new place, if affordable.
FDA
Rules and Regulations, Employee Management and Customer Relationship
Management are other few problems, which are also to be handled
by a retailer. In today's market place, with the ever-increasing
range of molecules, medicines and brands, it has become really
difficult for any pharmaceutical dealer, whether a retailer
or a distributor, to cope up with his business. It has indeed
become a testing time for him. It is rather becoming complex
to keep the information, record maintaining stocks, having
error free sales, mismatch between receivables and supplies
etc. There are many other issues, which are making a dealers
life difficult, day-by-day.
One-stop
Solution:
To get rid of most of these issues, automation is the only
solution, which is economical and also reliable. Many retailers
think that computers are not their cup of tea. Today even
banks, financial institutions, pharmaceutical companies, distributors,
supermarkets, etc. are automated. There are now many retail
chemists also, who are automated. Some are 100% successful,
some have achieved 50-60 % success and few have failed to
take off. Looking at the failure experiences of these few
retailers, most of the retailers think that it does not suit
their requirement too. But the facts are different. A retail
chemist can be computerized successfully, which in turn will
help him in many ways.
How
does Dava Infotech assist you?
We at Dava Infotech, today have about more than a 1800 successful
installation base of Pharmaceutical retailers and distributors,
spread across the entire state of Maharashtra and in major
cities in India. DavaPlus has been designed to handle all
these above mentioned issues and many more, which makes life
of a pharmaceutical dealer, comfortable. It takes care of
the complete cycle of supply chain through generating purchase
requests, purchase, sales, accounts receivable and payable,
thereby, providing a complete and perfect status about one's
own business having error free billing. Information base of
the customers as well as distributors, products, companies,
ingredients, etc., in turn, helps him to manage his business.
Accurate
information on stocks, storage and moving & non-moving
products, near expiry products helps him further to maintain
appropriate stock level, thereby reducing his investment gradually.
It further simplifies accounting and reduces time. All this
and much more is provided in an exhaustive but comprehensive
software product, DavaPlus.
We
assure you that by using DavaPlus to the optimum you will
be able to run your business more smoothly, efficiently and
profitably.
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