Navigation Links
IntegriChain Delivers Pharmacy Level Inventory Metrics
Date:2/15/2012

PRINCETON, N.J., Feb. 15, 2012 /PRNewswire/ -- IntegriChain Inc., a commercial provider of data and analytic insights to the pharmaceutical industry, announced today the introduction of a new methodology for its DNA: Inventory – Retail solution that adds the ability to report on independent and chain pharmacies' inventory levels, by product NDC code, using actual un-projected data.

(Logo: http://photos.prnewswire.com/prnh/20111130/NY15137LOGO)

Historically, manufacturers have had visibility to wholesaler inventory and a handful of chain warehouses, but no way to directly measure inventory in the overall retail channel.

IntegriChain's new methodology uses a combination of product "sell-in" data, product "returns" data, and actual pharmacy "point-of-sale" data to accurately calculate inventory levels in the downstream retail channel.    

"The ability to align actual pharmacy purchases, sales and returns enables us to deliver a complete and timely view of inventory trends for our customers," said Kevin Leininger, IntegriChain CEO.  "Finance, forecasters and demand planners need forward channel visibility now more than ever.  With blockbuster patent expirations and mounting supply shortages, retail inventory is key to sound business planning."

Through the DNA Inventory: Retail solution, IntegriChain is now able to report an NDC's total units, dollars and days of inventory present in retail distribution centers, stores, and morgues on a weekly basis. 

According to Dan Kinney, IntegriChain VP of Information Services, IntegriChain customers are using DNA Inventory to "tighten their pipeline inventory reserves and improve their demand planning efficiency.  The bottom line is to fill the highest possible percentage of orders while not tying up undue amounts of capital on the balance sheet."

About IntegriChain
IntegriChain, Inc. is a next-generation life sciences informatics company.  IntegriChain's industry leading platform for channel data integration and enrichment delivers pharmaceutical and biotech manufacturers marketplace insight with unprecedented speed and transparency.  Located in Princeton, New Jersey, IntegriChain is a recent recipient of the Inc 500, Red Herring 100 New Jersey Technology Council's Early Stage Company of the Year and the Forbes list of America's Most Promising Companies.

Contact: Ric Padron

IntegriChain, Inc.

Phone: 609.986.2004

Fax: 609.806.5006

rcp@integrichain.com

 

100 Canal Pointe Blvd.

Suite 110

Princeton, NJ 08540

www.integrichain.com

 


'/>"/>
SOURCE IntegriChain, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Forbes Announces IntegriChain in Top 20 on List of Americas Most Promising Companies
2. IntegriChain Launches DNA: Dynamic NextGen Analytics(TM) Platform
3. Excellence Services Program Delivers a Road Map to Successfully Guide the Pharmaceutical Industry Through the New Alliance Landscape
4. China Health Resource CEO Delivers Speech at 10th Year Anniversary Celebration
5. Everist Genomics to Launch CardioDefender: Worlds Only Mobile ECG System that Delivers Real-time, Beat-by-beat, Quantitative Heart Monitoring Data to Physicians
6. Mevion Medical Systems Delivers the Worlds First Superconducting Synchrocyclotron for Proton Therapy to Barnes Jewish Hospital
7. BT Delivers Vision of Intelligent Supply Chain at LogiPharma Conference
8. Next Generation of TrackWise® Enterprise Quality Management Software Delivers Enhanced Web Services Functionality for Global Organizations
9. AccuNurse Delivers Real-Time Care Plan Functionality and New Dashboard to Monitor Clinical Trends, Performance and Compliance
10. Microsemi Delivers New Voltage Suppression Solutions for Magnetic Environments
11. SpaCapsule Manufacturer Delivers First Order to Elements Diet and Fitness Under Preferred Vendor Agreement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/27/2017)... , Feb. 27, 2017   Vitasome ® ... of nutritional supplements using its groundbreaking new liposome technology. ... percent of potency through digestion per Physician,s Desk ... solve the problem of nutritional waste and are scientifically ... during digestive processes Improve bioavailability with ...
(Date:2/27/2017)...  Impax Laboratories, Inc. (NASDAQ: IPXL ) today announced that ... Raymond James and Associates, 38 th Annual ... Orlando, FL. Cowen and Company ... March 7, 2017 in Boston, MA. ... in Miami, FL. Individuals ...
(Date:2/27/2017)... -- Leading Countries, Technologies and Companies ... at a CAGR of 8.9% from 2016-2021 and CAGR of 9.2% ... of 9.1% from 2016 to 2027. The market is estimated at ... ... Read on to discover how you can exploit the future business ...
Breaking Medicine Technology:
(Date:2/27/2017)... ... , ... Elisa Guajardo Carothers is not your typical author. She went from working as a ... she writes about God, when she isn’t swimming as a performing mermaid. , Her book ... (Before Satan),” she offers a comedic look at the dysfunctions of God’s family, before Lucifer ...
(Date:2/27/2017)... , ... February 26, 2017 , ... Miro is the ... sound and video system brings songs, movies, TV shows and much more apps for ... clear, high-definition sound. An immersive view of 1280 x 720 provides crisp images with ...
(Date:2/27/2017)... ... 27, 2017 , ... Sunshine Coast Health Centre (SCHC), one ... at https://www.sunshinecoasthealthcentre.ca/ , is proud to announce the addition of a registered ... Centre's commitment to innovation in drug rehab and alcohol treatment strategies beyond a ...
(Date:2/27/2017)... (PRWEB) , ... February 27, 2017 , ... New Jersey ... rates, among all types and genders. And the need for advanced services is growing. ... and its top-rated cancer care program, in collaboration with their non-profit partners in their ...
(Date:2/26/2017)... ... February 26, 2017 , ... ... lab became the world’s first to be ISO/IEC 17025:2005 INAB accredited for Der ... , ISO/IEC 17025:2005 is the globally recognised standard that sets out requirements for ...
Breaking Medicine News(10 mins):