The hidden cost of pharmacy expiry: A Chennai retailer's wake-up call
How one pharmacy discovered they were losing ₹1.8 lakhs annually to expired stock - and the 3 blind spots that caused it.
This article explores key strategies and insights for pharmacy businesses looking to optimize their expiry management and reduce waste.
The Challenge
Indian retailers face unique challenges when it comes to managing inventory expiry. With diverse product ranges, varying shelf lives, and complex supply chains, keeping track of what expires when can feel overwhelming.
The Solution
By implementing systematic batch-level tracking and automated alerts, businesses can transform their approach to expiry management. The key is moving from reactive to proactive management.
Pro Tip
Start by identifying your top 20 products with the highest expiry risk. Focus on these first before expanding your tracking system.
Key Takeaways
- Batch-level tracking is essential for compliance and waste reduction
- Automated alerts help you act before products expire
- FEFO (First Expiry First Out) should be enforced at every sale
- Regular audits help identify and address problem areas
Getting Started
Ready to reduce your expiry losses? ShelfLifePro provides all the tools you need to implement batch-level tracking, automated alerts, and FEFO enforcement in your business.
Stop losing money to expired stock
Join thousands of Indian retailers using ShelfLifePro to reduce expiry losses by up to 70%.