Nigerian startup healthtech, Field Intelligence expands into cities across East and West Africa
GFA: The drive for success in any business is key to the partnerships and positioned projections. These partnerships and projections lead to the growth of any business entity.
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.
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.
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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.”
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About Shelf Life
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 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, fulfillment, 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 program.
What You Need To Know About Field Intelligence
Founded in 2015, Field Intelligence is a healthtech startup that is at the forefront of digitizing the supply chain of pharmaceutical products and increasing access to life-saving medicine.
According to a press statement, the startup utilizes data to optimize 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.
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