News
Drug inventory with stockists falls ahead of GST
- Date:
- June 12, 2017
- Source:
- Business Standard
The first week of June saw a 13-day reduction in the drug inventory at the stockist level, raising fears of possible shortages with the implementation of the GST on July 1. As on June 7, stockists were carrying 27 days of inventory, while at the end of May they had 40 days’ stocks. “Compared to May 31, there is a reduction of almost 13 days’ inventory. An average of 27 days’ inventor…