Expiry loss
Lots expire in the back office while the same reference is out of stock two pharmacies away.
Industries
Inventory optimisation for pharmacy and parapharmacy chains
Lots, expiry dates, OTC seasonality and automatic replenishment
Parapharmacy, OTC and dermo-cosmetics carry lots and expiry dates, seasonal peaks and strict traceability. IRIS tracks stock by lot, warns before expiry, and replenishes each pharmacy from the forecast.
Categories covered
- Parapharmacy
- OTC
- Dermo-cosmetics
- Baby care
- Vitamins and supplements
- Medical devices
Typical network
- Points of sale
- 10 to 100 pharmacies
- SKUs
- 3,000 to 30,000
- Categories
- Parapharmacy, OTC, dermo-cosmetics
- Constraints
- Lots, expiry, seasonality
Challenges we see in the sector
OTC seasonality
Cold season, allergy season, sun care and back-to-school peaks handled by instinct.
Traceability
Lot numbers must be followed from supplier to shelf; spreadsheets do not do that.
Many small orders
Dozens of pharmacies each ordering weekly from a stale stock export.
How IRIS answers
Stock by lot
Lot and expiry-date tracking per pharmacy, with alerts before a lot becomes unsellable.
Transfers before expiry
IRIS proposes a transfer to the pharmacy that will sell the lot in time.
Seasonal profiles per category
OTC and sun-care seasonality learned from history and adjusted by the planner.
Replenishment per pharmacy
Order proposals per point of sale, validated and created in the ERP with the IRIS reference.
A week with IRIS
- 1
Monday: review
Lots expiring within twelve weeks, stock-outs on OTC seasonal products, pharmacies below coverage.
- 2
Tuesday: validate
Proposals per pharmacy with lot-aware quantities, transfers before purchases, created in the ERP.
- 3
Wednesday: transfers
Near-expiry lots moved to the pharmacies that will sell them in time.
- 4
Friday: measure
Expiry loss, service level and coverage per pharmacy for the purchasing review.
In the product
01
Batch and expiry tracking
Lots with expiry dates, near-expiry counters and value at risk per pharmacy.
02
Stock-out management
Current and critical stock-outs with lost revenue estimate and root cause.
Results distributors target
-30 to -50 %
expiry loss
Per lot
traceability from supplier to shelf
Weekly
proposals per pharmacy, automatically
[TESTIMONIAL TO BE VALIDATED] Quote from the purchasing manager of a parapharmacy chain.
Questions from the sector
IRIS is designed for parapharmacy, OTC and dermo-cosmetics. Prescription medicine rules are handled by your pharmacy software and ERP.
From the ERP stock by lot, or from a POS / WMS feed via CSV / SFTP or the REST API.
Yes, the Manager role validates its own pharmacy within thresholds set by purchasing.
Ready to see your own numbers in IRIS?
Send us an anonymised sales export. We show you your forecasts and order proposals within 10 days.