02 Oct 2025
Ensuring Accuracy with Pharmacy Stocktaking
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Accurate pharmacy inventory management ensures compliance, audit readiness, and smooth operations, key to running an efficient, financially sound business.
Year-end stocktakes provide a comprehensive review of your stock, allowing you to:
- Gain an accurate financial snapshot of your stock for reporting and planning.
- Provides information to comply with the Basis Period Reform requirements established by HMRC – GOV.UK
- Identify and remove out of date or non-compliant stock.
Barcode scanning for greater accuracy
Barcode scanning technology offers:
- Efficient stock identification, eliminating manual errors by categorising stock through barcodes rather than product names/types
- A precise value per stock category, making financial assessments more detailed and reliable.
Prepare your pharmacy
Proper preparation ensures smoother and more accurate stocktakes:
Implementing stock rotation practices prevents overstocking and older stock used first.
Utilising part-packs and organising them effectively ensures even partially used inventory is accounted for.
At Orridge powered by RGIS, we specialise in efficient, hassle-free stocktakes tailored to the specific needs of pharmacies. Our expert team ensures minimal disruption to your operations while delivering accurate, reliable results.
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