Retail pharmacies; small to medium-sized, as well as large and multinational, have always been required to run with all cylinders firing if you will for three critical reasons. Particularly for the smallest operator, there is always the challenge of competition. Secondly, revenue streams need to be kept in the black because if the business is not viable it will not be able to service its clientele, both commercial and private, effectively.
That brings the reader around to the third and probably most important reason for the retail pharmacist’s survival; the customer. If there was no local retail pharmacy store to turn to, where would a patient be able to get his or her medication in an emergency? For now though, the pharmacy point of sale software component has given the retail pharmacist’s business a welcome boost.
Because it is a lot more than being able to cash the register at the end of a business day, and these days there are many retail pharmacy stores running on a 24-hour basis. This much availability is of course welcome news for the consumer for both the purposes of catering for emergencies and for convenience’s sake. The POS software system can of course be adapted for other retail-oriented businesses as well.
Revenue streams could now also be shared. This means that not only does the retail pharmacist get paid on time, he or she is able to pay the suppliers as well. The POS is also linked to the store’s inventory of goods. And it can be linked to the doctors’ rooms as well. For instance, the moment the GP writes up a prescription on the system and submits it, a retail pharmacy store clerk is able to receipt it almost immediately.