1.

1
We all know in health care industry is a dynamic landscape where the efficient inventory management is
important.
1.1
- So On June 8, 2023
- the 4th branch of rojon pharmacy opened in Panabo City
- Rojon is well-known as leading provider of medical supplements
- That has continuously worked to address the changing health care requirements of the community
- Drug precision becomes essential in the ever-changing pharmaceutical landscape, where every dosage
has the potential to improve health and well-being.
However, panabo branch currently faces some problems of inventory management and demand forecasting.
1.2
-Traditional inventory encoding are the ordinary process of new products that leads to error and time
consume
-Lack of demand forecasting
-Manual Sales Monitoring
Those are the challenges that demand for a strong solutions that may improves inventory management
increase the sales and
Raise inventory levels. Moreover, This proposed research the implementation of an inventory management
system and Demand forecasting System to address the issues.
1.3
So this is our research aims to:
1. Investigate the impact of an inventory management system in encoding efficiency and POS System
improvement.
2. Implement the demand forecasting to optimize inventory, minimize errors and reduce excess inventory
costs.
3. Analyze the system’s functions
4. To analyze the future impact of the system in professional, social and ethical aspects of Rojon
Pharmacy Corporation
1.4
In this part, We analyze the important details of
-Efficient supply chain management
-Emphasizing the importance of minimizing costs
-Enhancing customer service
Efficient supply chain management involves minimizing costs and providing excellent customer service.
Excessive inventory, often caused by market imbalances, can lead to rising prices.
Collaborative market demand estimation and global recognition of inventory challenges are crucial.
For large enterprises, efficient delivery systems and supply chain management are essential. Various
forecasting techniques, including naïve, moving average, and
regression models, are employed. Big data enhances demand forecasting precision and supply chain
effectiveness.
Inventory management is critical for businesses, with process integration software now essential for
optimizing workflows.
Information technology plays a vital role in customs processes and disaster management. IT's impact on
organizational outcomes, particularly efficiency and
creativity, is highlighted. The document provides a comprehensive exploration of these interconnected topics.