Pharmacy Chains in the EEMEA Region are growing rapidly. These are in the range of 150+ pharmacy outlets or so called PoS (Point of Sale). Thousands of prescriptions are being dispensed daily, and stock management is a major issue for the Pharmacy Chains, the PoS' and the patients.
In the coming decade Pharmacy Chains would be dealing with more and more principal companies like MSD, with a lot of products coming into the market. Therefore, the ability to manage and control this increasing number of products is critical for them. MSD believes that Pharmacy Chains will be willing to partner with companies that would support them in increasing their operational efficiency with regards to Stock Management.
Although Pharmacy Chains have Inventory Management Systems there are a lot of challenges in terms of keeping the right level of stock of the different products, and making it available in their outlets in the right quantity at the right time. These challenges include having enough space in Central Stores, and employing enough field force to manage the increasing levels of stock.
The need
The ultimate motivation is to make sure that MSD products are always available at PoS.
As a first step, MSD is looking for solutions or approaches that optimize the proper stocking of MSD products at the central warehouse of Pharmacy Chains.
Solutions that support the proper stoking of MSD products at each PoS pharmacy of the chain are also of interest.
Deadline date: December 30th 2016, 23:59:59 UTC
For further information and to apply, please visit:
http://www.msdinnovationfactory.com
About MSD (EEMEA)
MSD (in the United States and Canada known as Merck & Co., Inc., Kenilworth, NJ USA) during its 125 years of successful health and medicines innovation achievements is eager to find new and better ways to provide breakthrough medicines and healthcare services to patients and healthcare professionals around the world converging to a new stage of co creation now with the Health Tech Eco System.
That is why the EEMEA (Eastern Europe, Middle East and Africa) MSD Organization is opening the doors for entrepreneurs and ideators to come up with articulable solutions for 3 of our most important needs across all countries within this geographical region. A total of 9 finalists (3 for each need/challenge) will not only have the opportunity to showcase their proposal and debate with MSD experts how to co create together but also will have the chance to earn 3.000€ if selected as the most articulate and innovative solution.
The EEMEA Innovation Factory has been launched in partnership with TICBioMed a Digital Health association specialized in providing business support.