Stop suffering 100% losses on expired medicines. Learn the exact distributor return protocols and generate indisputable credit note claim statements in 1 tap with StockMed.
Independent medical stores lose thousands of rupees every year due to rigid distributor return policies:
Most stockists only accept returns between 30 days before and 60 days after expiry. If you miss this narrow 90-day window, the distributor rejects credit notes completely.
When stockists ask for original purchase bill numbers and dates, searching through paper boxes takes days, resulting in abandoned claims.
Keeping expired medicines in active shelves invites immediate license suspension during routine Drug Inspector surprise checks.
StockMed automatically groups stock by impending expiry dates, notifying you 3 months in advance so you can prioritize sales or arrange vendor returns.
Generate an official, audit-ready Expiry Claim Statement with Batch Number, Expiry Date, Supplying Wholesaler, and original PTR rates.
Track pending credit notes from distributors to ensure your account balance reflects the refund before placing your next purchase order.
Most reputable distributors issue credit notes for 90% to 100% of the PTR value if submitted within their stipulated return window. Submissions after cutoff dates are either rejected or heavily discounted.
Yes! StockMed features an Inter-Chemist Swap Radar allowing you to offer slow-moving items at a 30%–50% discount to nearby chemists who have active customer prescriptions.
Protect your working capital with automated expiry alerts and indisputable credit note statements.
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