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Running a pharmacy is no small feat. One of the biggest challenges many pharmacies face is managing surplus medications. These are extra drugs that take up space and tie up funds. But there’s a way to turn this issue into an advantage: trading your surplus medications. In this article, we will explore how you can […]

Surplus medications are a common issue for many pharmacies. They remain unsold and are often wasted or disposed of. Handling surplus medications can be costly and inefficient, but there’s a more innovative way to manage these excess stocks—trading them on a pharmacy-to-pharmacy marketplace. Understanding the perks of surplus medication trading can transform your pharmacy’s operations. […]

Pharmacies often struggle with surplus medications. These extra meds can take up valuable storage space and eventually go to waste if not used in time. This is a problem that affects both small and large pharmacies, impacting their efficiency and bottom lines. A reliable solution is crucial to tackle this issue effectively and keep operations […]

Surplus medication trading is becoming a game-changer in the field of pharmacy management. Managing surplus medications efficiently can transform how pharmacies operate, making them more sustainable and financially viable. The process involves trading medications that are in surplus at one pharmacy with those that are in high demand at another, ensuring that resources are used […]

Managing a pharmacy involves many tasks, and one of the biggest challenges is inventory management. Inventories need constant monitoring to ensure medicines are available when needed and not wasted due to expiration. This is where trading surplus medications comes in handy. Managing Inventory Effectively Inventory management is crucial for any pharmacy. It helps keep the […]

Maximizing profits is a key goal for any pharmacy, and one effective way to achieve this is through strategic medication trading. By trading surplus medications, pharmacies can turn excess stock into much-needed revenue while ensuring that medications do not go to waste. This not only helps optimize inventory but also supports better resource management. Trading […]

Trading surplus medications can be a great way to make sure valuable resources are used efficiently and effectively. However, safety and reliability are essential when dealing with medications. This is where InStockRx comes in. As a trusted platform, InStockRx ensures that all trades are conducted securely and in a manner that is compliant with the […]

Managing a pharmacy’s inventory efficiently is crucial for ensuring patient satisfaction and operational success. Efficient inventory management means having the right medications in stock, reducing waste, and maximizing your pharmacy’s resources. It involves a combination of technology, good ordering practices, and active involvement from your staff. Implementing an Inventory Tracking System Choosing the Right Software […]

In recent times, the pharmaceutical industry has undergone significant changes, and one of the trends that have emerged is the pharmacy-to-pharmacy marketplace. This innovative approach allows pharmacies to connect with each other in a virtual platform to buy, sell, and trade pharmaceutical products. Before diving into the benefits of this kind of marketplace, it’s essential […]

InStockRx has been chosen out of a record-breaking 630 applicants as one of the top technology companies in the Southeast to be showcased at Venture Atlanta 2024.

One of the most pressing issues independent pharmacies are currently tackling is the fight for patient access and equitable reimbursement practices. Through advocacy efforts, independent pharmacies are working to ensure that their patients have a voice in the healthcare system.

What has been hidden is now revealed with the FTC’s interim report on PBMs, but what does it mean for independent pharmacies? Learn more in our latest blog.

The average number of drug shortages in the US escalated to over 320 in Q1 2024. This article helps pharmacy owners understand what causes these shortages and how to adapt their purchasing to meet patient needs.

Pharmacy Owners have options when it comes to using pharmacy-to-pharmacy marketplaces. This article covers what pharmacy owners should look for when evaluating and comparing Rx marketplaces, so they can select the one that is the best fit for them.

As a marketplace platform that serves independent pharmacies, we love it when we see our customers win. Today, we’re highlighting a customer that has seen tangible results in managing and rebalancing their overstock pharmacy inventory, by using InStockRx.

A common exchange between friendly pharmacies may include a call or a WhatsApp chat with the message, “Hey, can you help with this med?” While it’s convenient and solves a short-term problem, there are some drawbacks to this approach with pharmacy inventory management. Learn why in this article.

As our team meets with independent pharmacy owners and operators from around the country, DSCSA is certainly a subject that is top of mind. This article addresses the importance of pharmacy readiness, and why we’ve chosen to lean into the DSCSA requirements.

Learn how Inventory Management technology can help release the pressure on a pharmacy’s inventory operations, so pharmacists can maintain their focus on patient care.

While there are significant advantages that independent pharmacies have over the chains, there are always challenges related to how pharmacies purchase and sell inventory. It is time that independent pharmacies start working together to operate more efficiently.

There’s a new trend in the community pharmacy world, and it’s not one we are particularly fond of. Out of stock medications are problematic for both patients and pharmacies, but there is hope.