Retail Pro International, developer of the top Point of Sale software platform for midmarket retail, Retail Pro Prism, today announced that its software is now accredited by the Saudi Food & Drug Authority for use in pharmacies as one of only two POS systems worldwide which meets the Authority’s requirement for pharmaceutical stock transparency.
The Saudi Food & Drug Authority requires that technology products for pharmacies include a Drug Track and Trace System (RSD) for tracking all pharmaceutical drugs manufactured in Saudi Arabia and imported from abroad. The Drug Track and Trace policy helps Saudi Food & Drug Authority protect their society and ensure the safety of all pharmaceutical products by monitoring their movement from the manufacturing phase to consumption.
“Retail Pro Prism as a platform technology already gives businesses total visibility into their operations and inventory movement, making the technology a strong foundation for this government requirement for pharmaceutical retail stores in Saudi Arabia,” commented Retail Pro International VP EMEAA Bevin Manian.
Retail Pro Prism is also integrated with the RSD system, giving pharmacy retailers deep insight and automated functions for managing and reporting on their stock. The integration allows pharmacies to share all relevant Retail Pro Prism documents with the RSD system, leverage data from the Medical QR DataMatrix, run special automated reports for serials and expiration tracking, and more.
Retail Pro International’s Authorized Reseller in Saudi Arabia, Retail Technology Establishment, supplies and supports Retail Pro Prism and the RSD integration, as well as consulting services and ancillary solutions to assist pharmacy retailers in implementing the technology that helps them ensure patient safety in their purchase of pharmaceutical products and meet government requirements for transparency in drug manufacturing and supply.
“Retail Technology acts as a comprehensive technology partner for pharmacy retailers in Saudi Arabia,” explained Retail Technology CEO, Waseem Ali. “We dedicate our time to understand their needs and tailor the advanced Retail Pro Prism platform to effectively support their daily operations. We developed these RSD-specific customizations to empower pharmacies to do their part in protecting patients and helping them thrive with safe and efficacious products.”
Saudi Arabia’s pharmaceutical drug market is estimated to be valued at 10 million USD in 2020 and is expected to exhibit a compound annual growth rate of 7.3% from 2020 to 2027.
Pharmacies in Saudi Arabia are already leveraging the Retail Pro Prism solution, including Al Nahas Pharmacy, Greens Corners Pharmacy, Al Rawdah Pharmacy, Al Shablan Pharmacy, and many more are moving forward to gain compliance with this RSD policy.
About Retail Pro
Retail Pro is a complete POS and retail management platform for any Android, IOS, or Windows mobile or desktop device. With the fully tailorable Retail Pro, you can take control of replenishment and inventory, promotions, customer data and store operations across channels. The software helps retailers in 130 countries streamline IT management and secure retail data, improve workflows and efficiency, and equip sales associates for customer engagement.
About Retail Technology Establishment
Founded in 2008, Retail Technology Establishment is the software mentor for retailers in Saudi Arabia, providing the right solution and support to ease retailers’ journeys. Retail Technology is the trusted Retail Pro Business Partner for Saudi Arabia and is well-recognized for their service to retailers, having been awarded 11 sales and service awards for the Middle East and Africa region by Retail Pro International.
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