Healthcare Stocktaking

Orridge PS are part of Orridge & Co, one of Europe’s largest stock taking companies. We specialise in pharmaceutical stocktaking and over several decades have built up an excellent reputation throughout the healthcare community.

We were founded in 1846 by Benjamin Orridge, appointed pharmacist to Queen Victoria and a founding member of the Royal Pharmaceutical Council.

We cover all sectors of the pharmaceutical industry, and this includes Pharmacies and Doctors surgeries, from independents through to national groups. Both Hospital and Supermarket Pharmacies. The former group includes Mental Health areas, Outpatient wards, any of the specialist units along with the main hospital pharmacies. Furthermore, we capture data for both Robotic Pharmacies and the Pharmaceutical manufacture and Supply Chain industries which can vary significantly in scale and complexities.

Using the latest barcode scanning technology, we capture data for each and every product within a site. This takes out assumptions of grouping similar stock together and so provides an accurate valuation. The practices we use prioritise dispensing over the stocktake as we understand that your patients should always come first. The staff we supply for a stocktake are trained pharmacy members of our team and have the full support of a dedicated management structure behind them.

For every stocktake we provide a full category stock breakdown; this provides you with valuation information by location e.g. Fridge, CD cabinet, dispensary. We can also provide a date-checking service when completing a stocktake to identify any short-dated stock along with completing delivery checks on the day of the stocktake and comparing this to any delivery notes.

Yes, we can. We specialise in providing accurate pharmacy valuations for these circumstances, and many others, and our dedicated team understand the pressures that these events can cause. Dedicated account managers will liaise with you every step of the way so that should a short notice postponement be needed along with a new date, we understand this and will work with you to ensure that you get what you need. There’s no hidden costs or charges to this work as everything will be made clear during the start of your journey with Orridge.

All we require is an approximate value of the stock that you hold which enables us to provide the correct resource to count it all in a timely manner. Our pharmacy database has been developed and maintained in house using leading industry data sets alongside boots on the ground information. This leads us to provide you with a suite of reports that will be customised to your needs.

Pharmacy stocktaking services involve a professional audit of your pharmacy’s inventory to ensure accurate stock levels, minimise discrepancies, and improve efficiency. These services also help meet financial year-end auditing requirements by providing reliable stock valuations.

Pharmacy stocktakers help maintain precise inventory records, ensuring compliance with regulations and preventing losses due to stock mismanagement. They also support financial year-end audits by delivering accurate stock data, aiding in financial reporting and compliance.

Regular stocktaking, either monthly or quarterly, helps pharmacies manage inventory efficiently and avoid financial losses from expired or missing stock.

Professional pharmacy stocktakers use advanced tools and methodologies to provide accurate, unbiased stock audits, reducing errors and improving inventory accuracy.