Page 631 - Emerging Trends and Innovations in Web-Based Applications and Technologies

International Journal of Trend in Scientific Research and Development (IJTSRD)
Special Issue on Emerging Trends and Innovations in Web-Based Applications and Technologies
Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470

MediTrackPro: Revolutionizing Medicine Stock
Management with a Robust Digital Platform

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Vaidehi Plilondre , Bhagyashree Dhabale , Prof. Anupam Chaube
1,2,3 Department of Science and Technology,
1,2 G H Raisoni Institute of Engineering and Technology, Nagpur, Maharashtra, India
3 G H Raisoni College of Engineering and Management, Nagpur, Maharashtra, India

ABSTRACT 4. StockMeds incorporates lessons from these studies to
Efficient pharmacy management is a critical component in provide an integrated, efficient solution.
the modern healthcare system. StockMeds offers an 3. Problem Statement
innovative approach to streamlining pharmacy operations,
tackling challenges such as inventory tracking, prescription Pharmacies operating with manual or semi-automated
management, and compliance with healthcare regulations. systems face several critical challenges:
This paper explores the development and potential impact  Time-Intensive Processes: Inventory tracking and
of StockMeds, a robust and user-friendly software designed prescription handling require significant time
investment, leading to service delays.
to improve efficiency, reduce operational costs, and
enhance patient safety. It also highlights the scalability and  Error-Prone Operations: Manual data entry increases
adaptability of the solution for diverse pharmacy setups, the likelihood of errors, risking patient safety and
from independent drugstores to large chains. financial loss.

 Inadequate Stock Management: Limited visibility into
1. INTRODUCTION inventory levels leads to overstocking or stockouts,
Pharmacy operations are fundamental to the healthcare resulting in financial inefficiencies.
ecosystem, playing a pivotal role in ensuring patients receive
the right medications on time. However, many pharmacies  Customer Dissatisfaction: Delayed services and
face challenges due to outdated, manual processes. These unavailability of medications negatively impact
issues can result in medication errors, inefficiencies, and customer loyalty and trust.
poor patient service. There is a pressing need for a system that addresses these
StockMeds aims to revolutionize pharmacy management by challenges by automating repetitive tasks, improving
integrating real-time inventory tracking, data-driven accuracy, and optimizing workflows.
decision-making, and automated workflows. With its user-
4. Objectives
centric design, this solution empowers pharmacies to focus
The primary objectives of the StockMeds project are:
on their primary goal: providing excellent patient care. The
relevance of such a solution is amplified in today's 1. Real-Time Inventory Management:
competitive and regulated healthcare environment, where  Track stock levels, batch numbers, and expiry dates.
both operational efficiency and compliance are paramount.  Provide low-stock and near-expiry alerts.
2. Literature Review 2. Automated Billing System:
Efforts to digitize pharmacy operations have been ongoing,  Generate invoices with discounts, tax calculations, and
with various studies emphasizing the limitations of manual multiple payment methods.
systems. Key findings from the literature include:
3. Customer-Centric Features:
1. Manual Systems: Studies reveal that reliance on manual  Enable customers to search and order medications
stock management leads to frequent errors, delays in online.
replenishment, and increased workload for pharmacists.  Maintain customer profiles and purchase history.
These inefficiencies adversely affect service quality and 4. Data Security and Compliance:
patient trust.
 Implement encryption and user authentication.
2. Global Case Studies:  Ensure adherence to regulations like HIPAA and GDPR.
 In Haiti, implementing computerized inventory 5. Scalability and Adaptability:
programs significantly improved medication availability  Support diverse pharmacy setups, from small
and reduced stockouts. independent stores to large chains.
 In Saudi Arabia, an advanced inventory system
enhanced the overall workflow of pharmacies, cutting 6. Cost Optimization:
operational costs by over 30%.  Minimize medication wastage through predictive
analytics.
3. Technological Trends: Mobile text messaging and  Streamline operations to reduce operational costs.
telemedicine applications have shown potential in
bridging gaps in pharmaceutical care, particularly in
developing regions.

IJTSRD | Special Issue on Emerging Trends and Innovations in Web-Based Applications and Technologies Page 621