Throughout its history, the Reverse Distribution Industry has facilitated this final component of the supply chain and has served the pharmaceutical industry by efficiently and effectively managing and accounting for their expired returns and the associated credits. But in the long run, the real boon to the pharmacy from Reverse Distribution is the beneficial by-product, DATA!
The Reverse Distribution process inventories, assigns value, and determines the eligibility status of your expired pharmaceutical returns before returning the eligible product to the manufacturer for credit consideration, and safely disposing of all the rest.
It goes without saying, your pharmacy’s “spend” for inventory can be offset by the credits recovered in the pharmaceutical returns process, and there is certainly a real cash value in credit recovery overall. These credits can also serve to completely cover the cost of managing and handling your expired products, while keeping your shelf space available for saleable goods, and facilitating formulary and protocol compliance in your facility. Read more >