Inventory Challenges
WHO
The solution targets pharmacies of all sizes, aiming to reduce waste and improve operational efficiency in medication management.
WHAT
Pharmacies lose billions annually due to expired medications, leading to wasted inventory and increased disposal costs.
WHY
The project addresses the urgent need to reduce waste and improve operational efficiency in pharmacies.
SOLUTION
APPROACH
Implemented an AI-IoT system to connect pharmacy inventory with existing data and barcodes to save medicines close to expiry.
HOW IT WORKS
The system proactively manages inventory and transfers drugs to the right stores.
Significant Savings Achieved
$70K
Reduced expiry waste
$15K
Saved emergency costs
#ai
#iot
#pharmacy
#inventorymanagement
#healthcare
#machinelearning
#datascience
#optimization