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Abuja-based healthtech startup Field Intelligence has announced that its expansion into 11 markets namely; Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.
Field Intelligence expands into 11 new cities with innovative health tech platform
The expansion of the innovative health tech startup means that independent and franchise pharmacies will be able to access 1000 products, inventory planning, subscription delivery and Pay-As-You-Sell all on the startup’s Shelf Life platform.
Michael Moreland, CEO of Field Intelligence comments on the startup’s expansion.
“Shelf Life’s rapid uptake across such a range of African markets is a testament to its potential as a solution for pharmacies across the continent. Rural and urban, East and West, we have found Shelf Life helping pharmacies overcome a shared set of challenges and seize new opportunities for growth by improving access for their patients. The ability of our technology to digitize, automate, and optimize planning, assortment, and fulfillment, led by an incredible team, is quickly making Shelf Life one of the largest retail pharmacy supply chains in Africa.”
Founded in 2017 by Field Office, Shelf Life is an innovative tech-based solution to the pharmaceutical inventory problem in Africa. The platform provides transparent visibility and control of control of pharmaceutical procurement and inventory management. This eliminates the risk of over and understocking that reportedly results in a loss of over 10% a year and 30% stockout rates, which results in pharmacies limiting and cutting down on their stock offers. The platform manages forecasting, quality assurance, fulfilment, and inventory management in a subscription service
At the end of the supply chain process, pharmacies sell Shelf Life supplied goods via consignment through the Pay-As-You-Sell programme.
Founded in 2015, Field Intelligence is a healthtech startup that is at the forefront of digitising the supply chain of pharmaceutical products and increasing access to life-saving medicine.
According to a press statement, the startup utilises data to optimise predictions and identify irregularities in the market to meet the demands for prescription and over the counter medication.
Field Office aims to network in over 2000 pharmacies in 2022 with other plans including the target of 12 000 pharmacies in its network.
Featured image:Field Intelligence (Supplied)