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Idea - FICS

PharmaC

Team and Contact Details

Student Name School Degree Year Email
Ibtesam KhalidSEECSUndergraduateFourth[email protected]
Fatima NaeemSEECSUndergraduateFourth[email protected]
Daniyah ImranSEECSUndergraduateFourth[email protected]

Inter School Idea ? No
Do you need expertises from another area: No
If Yes please provide details of expertises you need:

Idea Details

Idea Name: PharmaC
Slogan: More than a Digital Wholesaler
Supervisor Name: Yasir Faheem
Supervisor Designation: Associate Professor
Supervisor School: SEECS
Supervisor Department: Computing
Contact number: 03369263015
Email ID: [email protected]
Abstract:
    PharmaC is a B2B supply-chain disruptive technology giving pharmacy owners a singular solution to their pharmaceutical needs. A suite of mobile/web-based applications and development of an ML based recommendation engine to forecast demand for products and give stock summary, to keep stock and customer demand in equilibrium which can otherwise lead to wastage of resources.
What is the unmet need in society that your idea will fulfill ?
    The supply Chain from manufacturer to pharmacy is decentralized in Pakistan; retailers sift through many distributors, directly attempt deals with manufacturers, perform quantification which is often poor leading to over-stocking or under-stocking. There is no solution that tackles all these issues.
Who needs it ? How many would benefit ?
   Pharmacy retailers have a need for this solution, the benefit is for pharmacy owners in capital optimization, employees with ease in ordering and managing stocks, and pharmacy customers always having products that meet their demands.
How will the solution works
    A suite of web and mobile applications linking manufacturers, our own warehouses and the pharmaceutical retailers. Providing an online marketplace to order products and view personal analytics. A Machine Learning algorithm will optimize the recommendation system and perform demand analysis on customer information.
Who are your competitors ? How is your solution different
    Pakistan has online marketplaces for pharmaceutical goods but no optimization, other solutions provide recommendations but no means to order. We encompass all features into one singular solution. Internationally some competitors with similar claims do exist but not within Pakistan.
Status: new
Entry Date & Time: 2022-12-15 (1749)