Written by : Dr. Aishwarya Sarthe
August 14, 2023
Dimensionless Technologies, an IT consultancy and AI services company founded by two IIT alumni, has unveiled AushadhAI, an AI-powered solution to optimise the pharmaceutical industry.
This platform demonstrates how AI can be used to transform a variety of industries, including manufacturing, pharmaceuticals, ecommerce, and healthcare.
AushadhAI automates the reconciliation process for Clearing & Forwarding (C&F) agents by leveraging AI-based processing. AushadhAI is a combination of hardware and software. AI-based image processing captures and reconciles medicine details, including name, expiry, and batch details, and updates the registry database.
AushadhAI specifically addresses the cumbersome returns management process in the pharmaceutical supply chain. By automating this procedure, the platform enhances operational efficiency for operators and supervisors alike. It expedites the generation of credit notes, optimises storage space utilisation, reduces labor costs, scales warehouse capacities, and minimises medicine expiration risks through digital recording and reporting.
The platform's comprehensive reports unveil hidden patterns and insights into drug expiration trends across different regions, facilitating improved planning and distribution.
Key stakeholders in the pharmaceutical supply chain, such as C&F agents, wholesalers, distributors, and retailers, stand to benefit significantly from AushadhAI's implementation. Integration of the platform into their systems promises enhanced operational efficiency, reduced costs, and effective management of expired or damaged stocks.
AushadhAI's creation was the founders' vision to eliminate the challenges associated with the manual processing of forward/returns in the supply chain.
AushadhAI caters to the need for an error-free system that optimises the entire process. This vision extends beyond the pharmaceutical industry, as the technology is poised to benefit other sectors grappling with similar challenges, such as Consumer Packaged Goods (CPG).
Kushagra Singhania, cofounder of Dimensionless Technologies, noted the platform's potential impact on wholesalers and retailers. AushadhAI's capabilities are set to make stock management effortless for these entities, offering seamless tracking of incoming and outgoing stock without the need for manual barcode input.
Founded in 2016 in Mumbai, India, by Himanshu Arora & Kushagra Singhania, Dimensionless Technologies has established itself as a global IT consultancy and AI services company. As a provider of AI-based solutions and services for diverse industries, it has earned recognition for its ability to boost operational efficiency and drive growth.
Essentially it offers artificial intelligence solutions backed by skilled data scientists, machine learning engineers, and software developers. The company's global presence includes offices in the US, Netherlands, and India (New Jersey, Amsterdam, and Mumbai).
At present, AWL India is one of the warehouse service providers in the country. They provide automation solutions in artificial intelligence, process automation, data analytics, the IoT, and RFID for supply chain optimisation.