Manufacturer Pharmaceutical Returns
Did you know that 1-3% of total sales are returned and about 30% of those returns have discrepancies?
Inventory management is critical to your success and returns are an important part of the inventory equation. Having access to key return metrics can help you improve the forward supply chain.
Inmar provides returns services for more than 50,000 pharmacies and 300 pharmaceutical manufacturers and wholesalers in the U.S. and Canada — including 17 of the top 20 pharmaceutical manufacturers. We offer comprehensive, technology-driven solutions that enable better returns management.
Better technology improves the process.
One-Touch Advantage® simplifies complexity and improves accuracy while enabling faster credit reconciliation. Benefits include:
- Reduced discrepancies
- Elimination of count discrepancies
- Reduced risk of lost shipments
- Improved accuracy of product identification
- Reduced physical processing
- A smaller carbon footprint
Our clients benefit from improved credit processes with accurate trading partner identification. In addition, they have the ability to research customer inquiries, manage wholesaler returns by distribution center, and collaborate with individual trading partners to forecast regional dispensing demand.
Analytics and Reporting
Our Pharmaceutical Analytics Application is a business intelligence tool designed specifically to meet the information needs of the manufacturer — providing immediate access to consolidated returns and recall databases. The analytics tool helps you:
- Analyze data to determine source reduction opportunities
- Identify and utilize trends and RA cycle times
- Address variances in returns practices
- Analyze aging product levels
- Measure the effectiveness of both open and closed recalls
In addition, manufacturers can view invoices, partner discrepancies, shipment tracking numbers and proof of destructions. We can also integrate outside data sources like sales data, third-party files and more.
What can we solve for you today?
To learn more about these or other Inmar products or services, contact us. We’re happy to help.
Call (866) 440-6917 or email solutions@inmar.com
Please note this solution is available in Canada and based on Canadian laws and regulations. All statistics above are US.