ARTICLES

Sep 15 2023

The Evolution of Personalized Medicine and Its Impact on Wholesale Pharmacy Suppliers

2023-09-30T19:52:59+00:00

Let's Explore the Impact of Personalized Medicine on Independent Pharmacy Distributors Personalized medicine has become a buzzword in recent years, with advances in genetics, biotechnology, and data analytics transforming the healthcare industry. It is a new approach to medical treatment that tailors therapies to individual patients based on their genetic makeup, environment, [...]

The Evolution of Personalized Medicine and Its Impact on Wholesale Pharmacy Suppliers2023-09-30T19:52:59+00:00
Sep 07 2023

Building Strong Partnerships

2023-09-07T18:04:35+00:00

How Reliance Wholesale Pharmacy Collaborates with Manufacturers and Pharmacies: When it comes to running a successful wholesale pharmacy online, it’s important to prioritize building strong partnerships with both manufacturers and other independent pharmacy distributors. By working closely with these partners, we are equipped to provide your customers with high-quality vaccines and pharmaceuticals, [...]

Building Strong Partnerships2023-09-07T18:04:35+00:00
Aug 11 2023

Using Six Sigma Principals To Streamline Wholesale Pharmaceutical Distribution

2023-08-11T16:01:45+00:00

Chances are you’ve heard the buzzword, “Six Sigma,” but haven’t ventured deeper into what it means, and how it can support efficiencies in wholesale pharmaceutical distribution. Six Sigma is a data-driven methodology used to improve processes and eliminate defects or errors in various industries, including wholesale pharmaceutical distribution. While the principles of Six [...]

Using Six Sigma Principals To Streamline Wholesale Pharmaceutical Distribution2023-08-11T16:01:45+00:00
Jul 09 2023

Importance of Wholesale Pharmacy Suppliers for Hospitals and Pharmacies

2023-08-10T04:07:40+00:00

The medical industry is fast-paced and ever-changing, with new innovations and challenges appearing every day. To keep up with these changes and provide the best possible care for their patients, hospitals and pharmacies need reliable access to a wide variety of pharmaceuticals. In a time of supply chain issues and shortages, wholesale pharmaceutical suppliers [...]

Importance of Wholesale Pharmacy Suppliers for Hospitals and Pharmacies2023-08-10T04:07:40+00:00
Nov 29 2022

Your Month-end Close Process Streamlined in 5 Easy Steps

2022-12-05T13:00:00+00:00

Did you know that you can easily achieve short and long-term business goals for your pharmaceutical company with an efficient month-end close process? That’s right. Streamlining common month-end procedures, such as reviewing and reconciling supply chain discrepancies, sets your team up for success. A pharmaceutical month-end close process includes: Accounts receivable and accounts [...]

Your Month-end Close Process Streamlined in 5 Easy Steps2022-12-05T13:00:00+00:00
Nov 05 2022

FIFO vs FEFO: Inventory Management and Your Bottom Line

2022-12-05T13:02:12+00:00

When it comes to inventory management, product rotation should be a top priority for your small niche pharmaceutical company. A solid strategy can help you to maximize your budget and support year-over-year (YoY) fiscal growth. How you manage inventory ultimately will affect your bottom line. A good inventory management strategy will: Ensure your [...]

FIFO vs FEFO: Inventory Management and Your Bottom Line2022-12-05T13:02:12+00:00
Oct 06 2022

Better Healthcare and Supply Chain Visibility

2022-10-07T04:31:02+00:00

Improving supply chain visibility is key to any thriving industry. This is especially true in the pharmaceutical industry and healthcare in general. With advancements in technology and AI, providing additional transparency also equates to providing better healthcare. Gone are the days of handwritten ledgers for tagging shipments or manually tracking expiration dates and [...]

Better Healthcare and Supply Chain Visibility2022-10-07T04:31:02+00:00
Sep 20 2022

Why Your Pharmaceutical Company Should Be Inventory Tracking

2022-09-30T17:57:50+00:00

In the medical field, adequate inventory tracking can make a huge difference. A lack of supply puts patients’ lives at risk. An overwhelming amount of prescription drugs on hand increases the odds of unused, expired products and directly affects the bottom line. Inventory tracking needs consistency. Pharmaceutical inventory management Keeping [...]

Why Your Pharmaceutical Company Should Be Inventory Tracking2022-09-30T17:57:50+00:00
Aug 12 2022

Pharmaceutical Distribution Solutions That Combat Inflation

2022-09-15T03:25:08+00:00

Inflation puts extra strain on the pharmaceutical supply chain by causing delays in shipments and increasing transportation costs. This leaves small niche pharmaceutical companies in a tough position and forces many to reassess their business budget and expenses. They must find a way to improve operations while saving on costs in order to [...]

Pharmaceutical Distribution Solutions That Combat Inflation2022-09-15T03:25:08+00:00
Jul 29 2022

How to Successfully Maintain Optimal Patient Care

2022-07-30T16:12:45+00:00

Patient care is reliant on an adaptive supply chain—healthcare’s backbone. A patient undergoing treatment needs a consistent supply of certain drugs. An elderly patient with physical restraints needs access to mobility aids such as walkers, wheelchairs, and rollators. An injured party rushed into the emergency room (ER) needs life-saving drugs and medical equipment [...]

How to Successfully Maintain Optimal Patient Care2022-07-30T16:12:45+00:00
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