Weekly Comment 10 May 21
May 10, 2021
THIS week’s
contributor is Brian
Jefferies, General
Merchandise Manager, Wizard
Pharmacy - Making inventory work
for you: I've heard too often the
struggles of those stuck with
dead stock that’s negatively
affecting their business.
Customers of your
pharmacy are unique, so for
inventory management to
effectively work for you, you
should tailor your product
selection to your local area’s
demographics. Ensuring you
have the right products for
your unique customer group
ultimately leads to better
customer outcomes and a
more profitable and efficient
pharmacy business.
Keeping control of Ethical
and Wholesale ordering is
also important but can be
stressful. You need a system
that uses thorough data
analysis to suggest orders,
taking the time and stress
out of order management.
Wizard Pharmacy’s innovative
central ordering system
does this and also checks for
overstocks within the group
before placing new orders.
This minimises dead stock and
protects our franchisee’s GP.
Inventory management
shouldn’t make you feel
stressed. My team and I
support Wizard Pharmacy
franchisees with range
guidance that maximises
the return from their stock
investment and makes
inventory management
simple.
To find out more about
Wizard Pharmacy’s inventory
management solutions, CLICK
HERE
The above article was sent to subscribers in Pharmacy Daily's issue from 10 May 21To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 10 May 21
