Accurate information and under-the-hood mathematics is the key to smart procurement. You need to buy quality items at the best prices from reliable suppliers. IBS Pharmaceutical hooks into inventory and warehouse management, and demand forecasting software and bases automatic purchasing decisions on the best information available.
It uses sales history, real-time inventory levels, lead-times and master data from all transactions. We’ve built pharma procurement logic into the software because we understand your business. But who knows your business better than you?
We put you in control. You can create a range of forecasts based on demand history, and trend profiles from sales order history. You can simulate sales promotions and various service levels and, when you find what works, feed the information into purchase calculations. Simulation and analysis tools offer models and forecasts that help you make the best purchasing decisions. They also let you measure supplier performance for accurate lead-times.
With IBS Pharmaceutical, procurement departments maintain optimum levels of stock, while cutting costs without sacrificing quality.