Craig Stanford, head of Vendor Managed Services, Rubix, explains how industrial vending make it easier for pharmaceutical businesses to purchase and restock consumables.
Vending
The process of buying, restocking and managing fast-moving consumables can take up valuable time and money for any pharmaceutical business.
Purchasing from multiple suppliers is time-consuming, creates many invoices to process, increases delivery costs and can lead to cash being tied up in inventory with the risk of making stock obsolete if demand isn’t closely aligned to supply. However, with a vendor managed service solution, these issues can be resolved.