3 steps to optimize your inventories with batch management

Avoiding expiration losses and ensuring the availability of sensitive products, such as medicines, is one of the biggest logistical challenges for the pharmaceutical sector. Inefficient batch management not only generates waste, but also affects profitability, reputation and consumer health. This is why most companies are looking for a technological solution that allows them to take full control of inventory: in this case, Mobilvendor Logistics System is the best option to technify your operations. Below, we show you how you can optimize your inventory in 3 steps using batch management, with the support of Mobilvendor WMS (Warehouse Management System). This approach not only reduces losses, but also improves operational efficiency and decision-making. Inventories costing processes automation products raw materialContents hide 1 Step 1: Precise lot identification 2 Step 2: efficient rotation with FEFO3 Step 3: real-time analysis and alerts4 What happens if you don't manage your lots well? Step 1: Accurate batch identification The first essential step in optimizing pharmaceutical inventory is the accurate identification of each batch. This includes recording the expiration date, the lot number and the specific location of each unit within the warehouse. With Mobilvendor WMS, you can: Automatically register each batch upon receipt.Associate critical information such as expiration date, supplier and location.Consult in real time where each batch is located inside the warehouse.This level of traceability is essential to avoid errors, ensure proper turnover and comply with health regulations. In addition, it allows you to act quickly if a product is detected in poor condition or a specific batch recall is required.Identifying products precisely pharmacieStep 2: efficient rotation with FEFOIdentifying batches is just the beginning. To avoid loss due to expiration, you need to apply a proven logistic principle: FEFO (First Expired, First Out). In other words, products with an earlier expiration date must come out first. For this, your WMS or logistics software can help you manage the following specific activities: Automatically prioritize the batches to be shipped according to the expiration date.Reduce the risk of products running out of inventory.Ensure that medications that reach the patient are always within their optimal lifespan. Implementing FEFO manually is costly and error-prone, but with Mobilvendor, the entire process is automated, accurate and in accordance with industry quality standards.FEFO inventory optimization processFEFO process for inventory optimizationStep 3: real-time analysis and alertsEfficient inventory management is not complete without real-time visibility. Detecting in time which lots are about to expire allows you to make corrective decisions before they become losses.With a system that provides you with data in live power BI dashboards, you can: Configure automatic alerts for products that are about to expire. Generate detailed reports by batch, product, date and location.Analyze trends and make informed decisions about purchases, promotions or logistics adjustments. This real-time analysis makes inventory a strategic asset, allowing us to anticipate problems and not simply react to them.power bi dashboards What happens if you don't manage your batches well? Poor inventory management can cost you thousands of dollars in expired products, but it also puts consumers' health at risk and can lead to regulatory sanctions. In any country where you want to open your operation, there are companies or government organizations that will control your inventory management and you must comply with their policies. The good news is that this problem has a customizable solution. With Mobilvendor Logistics System, you can go from a reactive model to a proactive one, where each batch is managed with precision, anticipation and control. In addition, in the countries where Mobilvendor has coverage, you can have customizable add-ons according to your business requirement. Optimizing your pharmaceutical inventory with batch management is not just a good practice, it's a necessity to compete in a market where efficiency and traceability are key.Follow these 3 steps:Identify each batch with precision.Apply FEFO rotation in an automated way.Analyze and act in real time.MobilVendor WMS gives you the tools to do it in a simple and effective way, with immediate benefits for your profitability and customer satisfaction. Hire Mobilvendor now and start the era of optimization in your company. Contact