Smart Pharmacy Inventory Management
Managing pharmacy inventory has always been a balancing act, helping make the right medications available when needed, while minimizing waste and maximizing value. In a recent episode of The Refill, Lynn Gilchrest, VP of Product Management, shared how Pinpoint Transfer® is helping pharmacies take control of their inventory and maximize value.
December 1, 2025
Tiz Gill
Three Ways Pinpoint Transfer Works
- Return to Vendor: The system identifies unused or overstocked medications on your shelves and recommends returning them to your distributor before they expire. This helps you receive the highest possible credit available based on distributor policies and reduces waste.
- Redistribution: Using a proprietary algorithm, Pinpoint Transfer analyzes your entire pharmacy network to determine where medications can be best utilized. For example, if one store has excess stock and another is running low, the system recommends transferring medications internally to utilize what is already in the organization rather than ordering new.
- Site-to-Site Transfer: When a patient needs a specific, possibly expensive medication, the system allows you to quickly locate it at another store within your network and request a transfer, avoiding unnecessary purchases and helping you to meet your patient’s need.
Automation That Delivers Results
Unlike traditional systems that rely on staff to manually spot inventory imbalances, Pinpoint Transfer helps automate key aspects of inventory management. The algorithm does the heavy lifting, making recommendations, and tracking transfers, so your team can dedicate more time to patient care instead of manual shelf checks.
Centralized Control for Large Chains
Pinpoint Transfer provides centralized inventory management across all locations. For large pharmacy chains, this added clarity and control at the corporate level can help you to reduce the burden at the individual store level and streamline your operations.
Proven ROI and Sell-Through Rates
Customers using Pinpoint Transfer have seen sell-through rates of up to 90%, and those with central fill operations report rates in the high 90s.
Every dollar counts in healthcare. By helping reducing waste and optimizing inventory, Pinpoint Transfer delivers clear ROI for pharmacies.
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