ONLINE PHARMACY



Executive summary

1.      1.  An online pharmacy is an internet based vendor of prescription

          drugs, and the term in encompasses both legitimate and  

             illegitimate pharmacies.

 

2.   2.   Now Days ecommerce is growing 10% annually and with this           gigantic growth coming across new Businesses.

 

3.     3. Advancement of e-commerce in India significantly opened and           area in to market most of the products which can reach almost           everybody.


  4. The sale of medicines outside the regular retail pharmacy is not           new .


   5.The annual Indian pharmaceutical market is measured at around          Rs 79,000 crore growing at around 20%. India is among the top           six global pharmaceutical producers in the world .


   6. Healthcare providers in India are also expected to spend $1.1               billon on IT products and services.


4.  7.  Presently online pharmacy is at its nascent stage in India , but             like other categories it has the potential to be a very large                   industry segment.

     8. online pharmacy is one among the business which is about to               create a huge demand in upcoming days.

   

     OBJECTIVE :-

    1. Exceed customer expectations with superior pricing .

2. Increase the number of customers by more than 30% per year.

3. Develop a business that survives off its own cash flow .


 Features of pharmacy Management module :-

  • Provides an extension list of drugs available.
  • The ATC method of medicine classification is used for research purposes.
  • The medicine can be manipulated as per various aspects.
  • Deducting the drug stock depending on their specific batch nos. mfg. dates and exp.dates.
  • Accepts E-prescriptions from different department and consulting doctors.
  • Auto generates alerts when stock reached to its minimum level.
  • Online request generation for stock order from the main store. 
  • Effective proivison for FIFO , LIFO, etc.
  • Provide accurate reports of consumption details.

Market Analysis


The growth of the e-pharmacy market is attributed to a rise in the

number of internet consumers, increased access to web-based and 

online services, and rising implementation of e-prescriptions in

hospitals and other healthcare services.


E-prescription is the electronic prescribing technology that allows

 healthcare professionals to send the prescriptions electronically,

instead of using handwritten prescriptions. Doctors are now preferring e-prescriptions, to allow patients to get the easy access to medicine with the help of e-prescriptions. Countries, efforts in the implementation of e-prescription. The NHS hospitals in England planing to go paperless by the year 2020. This may increase the demand for e-prescrition technology , rapidly, in the future. the major advantage of e-prescription is that one can easily upload their e-prescription on the ePharmacy website and order medicine online, without any hurdle. Therefore, due to the increasing implementation of e-prescriptions, uploading the prescription online has become easy and less time-consuming. Thus, all the aforementioned factors are augmenting the growth of the market. 


  key of success :-


  • satisfy our customers so they will return again and again.
  • Maintain low overhead and operating costs.
  • Provide better prices than all our competitors.  

MANAGEMENT SYSTEM

The Drug Information System or online Pharmacy Management 

System, Electra HMIS offers this as a well integrated module helpful in managing drug distribution, stock management and in monitoring functions of an incorporated pharmacy outlet in a healthcare centre . This module works by receiving the prescriptions from the consulting doctors that automatically reflects into dispensing unit to a respective patient which does not require any manual intervention.

The pharmaceutical inventory has also the provisions for FIFO and    LIFO dispensing methods that can work as per the hospital requirements.The batch nos., drug interactions, mfg. dates, expiry dates and all the related details are properly displayed to avoid wrong medicine distribution. Stock levels can also be managed as per the policy and protocols of the hospitals. Other features are highlighted below.

  
Financial summary


  • Project –online pharmacy business 

  •          Products – Baby and mother, beauty healthcare and devices, diet and nutrition and personal care.

  •        Capacity –operated at a time three adjace cities



 


 

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