Medication management presents a critical and complex challenge, particularly for individuals with chronic illnesses or multiple prescriptions, leading to significant health risks due to non-adherence. In the Philippines, a notable percentage of the population struggles with managing medications, highlighting a need for improved support systems. This capstone project, "SmartMed: An AI Enhanced Medication Management and Assistance System," introduces a developmental framework for an AI-powered solution designed to simplify and improve medication management. The objective is to conceptualize a system that utilizes artificial intelligence to provide users with organized medication schedules, dosage monitoring, and timely, personalized reminders. The proposed system integrates several key features, including the use of a random forest algorithm for intelligent scheduling, smart packaging with sensors to track medication supply levels and expiration dates, and an emergency alert function to notify caregivers of missed doses. The project is significant for its potential to benefit patients, especially the elderly and those with cognitive limitations, by fostering greater autonomy and safety. The scope focuses on the design of the SmartMed system to enhance medication management for individuals with regular, multiple prescriptions. The study acknowledges potential limitations, including the necessity for users to have a basic knowledge of technology and the initial costs associated with smart packaging.