Yonas had a good month, by most measures. His pharmacy in Hawassa sold more than it had in any month the previous year, the shelves were full, and customers were coming in steadily from morning until closing. Then, on the last Tuesday of the month, he could not pay his supplier. The invoice was due, the amount was modest, and the medicines had arrived on time. But the cash in his account had...
A pharmacist in Addis has been running his pharmacy for years. Business is good. Customers trust him. He's respected in the community. Then he notices something. His pharmacy license. When did it expire?
He checks. Last renewed three years ago. Licenses are three years right? So he's current. But he checks the date more carefully. Actually expired six months ago. He's been operating an...
In the pharmaceutical industry, having enough medicines in stock is just as important as manufacturing high-quality products. A hospital cannot treat patients if essential medicines are unavailable, and a distributor cannot serve pharmacies effectively if inventory records are inaccurate. For pharmaceutical importers in Ethiopia, inventory management has become one of the most important factors...
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