Author: Meker Meksmart
Update: 16/12/2024

Pharmaceutical warehouse management software: Solution to optimize warehouse management activities of pharmaceutical enterprises

The pharmaceutical industry, with its own characteristics such as high requirements for quality, safety, accuracy, compliance with regulations... because it is directly related to human health. The number of items, manufacturers, and batch numbers is very large. Each type has different requirements, expiration dates, and characteristics. Therefore, traditional warehouse management methods show many shortcomings and are ineffective. The solution to optimize warehouse management activities is to use warehouse management software.
Difficulties in warehouse management activities of pharmaceutical enterprises
 Warehouse management activities in the pharmaceutical industry face many specific difficulties, stemming from strict requirements on quality, legality, and operation. This poses many challenges for pharmaceutical enterprises, especially those that still manage warehouses using traditional, manual methods. Some common difficulties include:


[Figure 1 - Ineffective pharmaceutical warehouse management will bring many difficulties to businesses]

  • Difficulty in accurate inventory management
    Pharmaceutical businesses often have thousands of different types of drugs, each with many different packaging specifications, making it difficult to manage, classify and store. The large number of items with different codes and attributes (active ingredients, dosages, dosage forms) makes inventory requiring high accuracy
  • Difficulty in grasping the shelf life of each type of pharmaceutical
    Drugs often have a short shelf life, requiring very strict batch and expiry management to avoid expired goods leading to waste and huge consequences for consumers' health and brand reputation.
  • Difficulties in managing the import - export process
    Managing import - export using Excel or manual recording not only wastes time and human resources but also has many potential errors in the data entry process. Warehouse staff have to spend a lot of time tracing the history of drug movement, determining storage locations and performing the warehouse export process. This not only reduces work efficiency, increases order processing time but also affects delivery speed.
  • Difficulties in optimizing warehouse space
    When there is no warehouse management software to support, pharmaceutical warehouse staff have a lot of difficulty in classifying, arranging and organizing products in the warehouse. This makes the warehouse area not fully utilized, especially for products that require specialized storage conditions, causing high costs.
  • Frequent loss of goods
    Because the number of pharmaceutical products in the warehouse is very large, if the inventory is not strict, not carried out regularly and accurately, pharmaceutical enterprises will have to face the situation of loss of goods, difficulty in finding solutions, affecting the reputation of the enterprise.


WMS - Solution to optimize warehouse management activities of pharmaceutical enterprises
WMS warehouse management software helps pharmaceutical enterprises automate warehouse work, from inventory tracking to coordinating import and export of goods, ensuring accuracy, speed and efficiency.


[Figure 2 - WMS warehouse management software brings many benefits to pharmaceutical enterprises]


Outstanding benefits of applying WMS software in pharmaceutical warehouse management

  • Increase accuracy and minimize errors in pharmaceutical warehouse management
    One of the major problems of pharmaceutical warehouse management is ensuring the accuracy of the quantity, status and location of the products. WMS uses barcode scanning technology, RFID and visual tracking systems to accurately control and track all products in the warehouse. WMS helps to minimize human errors, while providing reports, detailed information on each batch of medicine, expiry date and other important parameters.
  • Optimize the import - export process and reduce delivery time
    WMS supports the import - export process quickly and accurately thanks to the intelligent product positioning and classification system. When there is a request to export the warehouse, the software automatically gives instructions to warehouse staff, helping them to get the right product, from the right location without having to spend a lot of time searching. This not only helps to reduce order processing time but also increases delivery speed, ensuring that orders reach customers quickly and promptly.
  • Effective inventory management and accurate demand forecasting
    WMS software helps track inventory in real time, thereby providing detailed information on product quantity, import and export history and expiry date. WMS integrates forecasting technology, helping to predict future product demand based on factors such as consumption trends, seasons and external factors. This helps businesses minimize shortages or surpluses, optimize storage costs and minimize waste.

 


[Figure 3 - WMS warehouse management software supports pharmaceutical businesses in inventory management]

  • Enhance quality control of goods in the pharmaceutical industry and compliance with regulations
    For the pharmaceutical industry, ensuring product quality and compliance with safety and security regulations is extremely important. WMS helps businesses control the quality of goods through features such as tracking expiry dates, storage temperature, humidity and other special requirements. The automatic reporting system helps businesses easily meet the inspection requirements of authorities, thereby ensuring compliance with regulations on public health protection.
  • Product origin management and history tracing
    With WMS, tracing the origin of pharmaceutical products becomes simple and accurate. The software stores information about the manufacturer, production batch, production date and expiry date of each product, helping businesses to retrieve quickly and easily when necessary. This not only supports inspection and control but also helps build trust from consumers and business partners.
  • Increased flexibility and scalability
    WMS is easily integrated with other systems in the enterprise such as customer management system (CRM), enterprise resource planning system (ERP), accounting system, data analysis software, etc. This helps create a comprehensive and connected warehouse management solution, providing high flexibility in management and operation. Moreover, WMS is scalable, suitable for pharmaceutical businesses from small to large, meeting the needs of development and change over time.
  • Increased efficiency and cost savings
    By automating warehouse management processes, WMS helps reduce the effort and time of warehouse staff, thereby improving work efficiency. WMS helps minimize errors and waste in the warehouse management process, while optimizing operating processes, reducing storage costs and management costs. Thanks to that, businesses can save costs and maximize profits.

WMS warehouse management software is a solution to optimize pharmaceutical warehouse management operations, helping businesses automate processes, improve efficiency, minimize errors and save costs. With outstanding features such as accurate inventory management, demand forecasting, product quality control and regulatory compliance,  WMS helps pharmaceutical businesses not only improve operational efficiency but also ensure the provision of products of the right quality, on time and safely. Investing in WMS software is a long-term strategy to help businesses develop sustainably in the pharmaceutical industry.
Choosing WMS software - choosing MEKWMS. MEKWMS is a comprehensive warehouse management software developed by MEKSMART, a smart solution for pharmaceutical businesses. By combining knowledge, experience and expertise, MEKWMS is designed to meet the strict requirements in managing drugs and medical products.
>>> Contact us for advice and support!

Admin Meksmart