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:9/7/2017)... 2017 Caris Life Sciences, a leading ... promise of precision medicine, today announced results from ... its molecular profiling approach in guiding therapeutic strategies ... plus (CGP+) with Caris Molecular Intelligence ® ... molecular level, leading to more therapeutic options and ...
(Date:9/6/2017)... 2017  Robert G. Szewc, M.D., is recognized by ... recognition of his contributions to the Medical field.      ... at the practice of Kidney and Hypertension Specialists, which ... hypertension solutions. He has worked in this position since ... as well as expertise in kidneys, hypertension, chronic disease ...
(Date:9/6/2017)... INDIANAPOLIS , Sept. 6, 2017 Eli ... today it will present new data for galcanezumab and ... Congress of the International Headache Society (IHC) taking place ... Lilly will highlight new, long-term data from ... two doses of galcanezumab (120 mg and 240 mg) ...
Breaking Medicine Technology:
(Date:9/26/2017)... ... September 26, 2017 , ... ... **An FDAnews Management Report**, http://www.fdanews.com/products/54648-principles-of-equipment-qualification      , The FDA ... prove that their equipment, operations and processes all work the way they’re ...
(Date:9/26/2017)... Washington, Connecticut (PRWEB) , ... September 26, 2017 , ... ... next five decades growing into an innovative leader in special education. In 2018, ... half century. , Glenholme, formerly a world renowned horse farm for Hackney show ponies, ...
(Date:9/26/2017)... ... September 26, 2017 , ... Autism Learning Partners (“ALP”) announces ... Autism, A Division of Autism Learning Partners, will be the first ALP affiliate ... based Autism services in Broomfield and will continue to operate with its current ...
(Date:9/26/2017)... ... 26, 2017 , ... DETECTO has been awarded ... 2017, the new agreement allows Premier members, at their discretion, to take advantage ... is pleased to renew our agreement with Premier to be able to supply ...
(Date:9/26/2017)... ... 26, 2017 , ... “How to Live in the Millennium”: a gripping take on how ... no longer a part of everyday life and do not affect daily choices. It ... for the thoughts, words, and actions that are chosen. “How to Live in the ...
Breaking Medicine News(10 mins):