This add on certificate course on “Starting and Managing Retail Pharmacy Store” is a 36 hour add on certificate course designed under MoU and collaboration with Yash Institute of Pharmacy, Aurangabad and Mintbotics Edutech Pvt. Ltd. Aurangabad. The course is delivered through blended learning mode (online and offline) to students and faculty of Yash Institute of Pharmacy, Aurangabad. It is also open for paid enrollment by students and faculty of other institutes.
The Certificate Course on Starting and Managing a Retail Pharmacy Store is designed to equip individuals with the essential knowledge and skills required to enter the dynamic world of pharmaceutical retail. With the healthcare industry constantly evolving and the demand for quality healthcare services on the rise, this course provides a comprehensive foundation for aspiring entrepreneurs and pharmacy professionals looking to establish and operate successful retail pharmacy businesses. Participants will gain insights into the intricacies of pharmaceutical retail, including regulatory compliance, inventory management, customer service, and business operations, setting the stage for a rewarding and sustainable career in the pharmacy sector.
Online practical sessions shall be conducted which include hands on practice on Pharmacy ERP software using special software developed for this purpose by Mintbotics Edutech Pvt. Ltd. Experts talks and guidance sessions by experienced medical shop owners shall be conducted to supplement the learning effected by the lessons.
Course Outcomes of “Add on certificate course on ‘Starting and Managing Retail Drug Store’
ADC201T.1. Understanding Regulatory Compliance: By the end of this course, students will be able to demonstrate a comprehensive understanding of the regulatory requirements and legal obligations associated with operating a retail drug store in India.
ADC201T.2. Effective Inventory Management: Students will develop the skills necessary to efficiently manage drug inventory, including procurement, storage, and tracking, ensuring product quality and compliance with government regulations.
ADC201T.3. Customer Service Excellence: Participants will acquire the knowledge and skills required to deliver high-quality customer service in a retail pharmacy setting, building trust and loyalty among customers.
ADC201T.4. Business Operations: Graduates of this course will be proficient in the day-to-day business operations of a drug store, including financial management, pricing strategies, and staff management.
ADC201T.5. Health and Medication Knowledge: Course attendees will gain a deep understanding of pharmaceuticals, including their proper usage, potential side effects, and interactions, enabling them to provide accurate information to customers.
DC201T.6. Marketing and Sales Strategies: Students will learn effective marketing and sales techniques to promote their retail drug store, attract new customers, and enhance profitability, while adhering to ethical guidelines in pharmaceutical sales.
Week 1 Content
Module 1: Introduction13:38
Module 1: What is a Medical Store? Benefits of a Medical Store.24:04
Practical 1: Introduction to interface of Pharma ERP software. Creating a medicine and manufacturer in Pharma ERP software.03:00:00
Week 2 Content
Module 2: Factors to be considered before starting a medical store25:26
Practical 2: Managing purchase and sales using Pharmacy ERP software00:00
Week 3 Content
Module 3: How to get Drug License? Basic Inventory and Types of Medicines22:30
Practical 3: Managing stock, purchase returns and sales returns in Pharmacy ERP software00:00
Week 4 Content
Module 4: Importance of Doctors, Medical Representatives, Distributor, Chemist, Order Boy, Delivery Boy29:51
Practical 4: Managing Accounting in Pharmacy ERP software00:00
Week 5 Content
Module 5: Profit margin analysis, how to minimize expiry and how to read prescription19:50
Practical 5: Managing supplier, bank and tax rates in Pharma ERP software00:00
Week 6 Content
Module 6: Which medicines to stock in the beginning?18:51
Managing Human Resources in Pharma ERP Software00:00
Week 7 Content
Module 7: Franchise model and other new business models in retail Pharmacy business22:48