Lloyds Pharmacy today announced the launch of a supply chain transformation initiative in collaboration with Slimstock. To enhance patient care and improve customer experience, the business will adopt Slimstock’s AI-powered planning platform to centralise replenishment across its 80-strong pharmacy network.
With a strong presence throughout Irish communities, Lloyds Pharmacy goes to great lengths to help its patients get well and stay well. Its extensive range encompasses essential medicines, vitamins & supplements, skincare, beauty, and bathroom products.
By continuously enhancing its team’s capabilities, refining operational processes, and embracing cutting-edge technologies, the pharmacy chain remains steadfast in its mission to deliver Retail Excellence. Highlighting how the latest transformation initiative will underpin the business’ mission to enhance patient care, Jan-Pieter, Managing Director at Lloyds Pharmacy, states: “As an essential part of local communities, we strive to offer our patients and their families the very best support for all their health and wellbeing needs. Our supply chain, therefore, plays a pivotal role in helping us deliver exceptional patient care and a superior customer experience.”
Journey to centralised planning
Lloyds Pharmacy will adopt Slimstock’s award-winning Slim4 platform to centralise its forecasting, ordering and replenishment process as part of the transformation initiative. “This will allow our pharmacy teams to dedicate more time to what matters most: supporting the local communities we serve,” adds Jan-Pieter.
By providing the business with better visibility throughout its end-to-end supply chain, the Slim4 platform will empower the leading pharmacy chain to:
· Balance inventory throughout its network to ensure maximised availability while minimising supply chain costs
· Cut the risk of excess stock and waste
· Improve supply chain efficiency & responsiveness
Lloyds Pharmacy’s Managing Director, Jan-Pieter, explains the decision to join forces with the supply chain experts at Slimstock, “Having experience with Slimstock in previous businesses, I am aware of Slimstock’s success across the pharma industry. With this experience, and following an extensive review, including a proof of concept, I am confident Slimstock is the right partner to solve our supply chain challenges.”
