Your pharmacy inventory is critical to your gross margins. Learn how to properly manage your inventory to achieve a good industry average gross margin of 22-23%. In this video, Ollin Sykes of Sykes & Company, P.A. discusses inventory management and its affect on gross margin, how inventory turns effect cash flow and gross margins, and what steps you can take to achieve the industry average if you find your independent pharmacy is falling short. Watch this video to learn how your inventory affects your gross margins and how critical it is to your pharmacy growth.
The Bottom Line Pharmacy Podcast: Building Revenue and Support Through Diabetes Education Featuring Leanna Schwend, PharmD, DCES
According to the Centers for Disease Control and Prevention (CDC), diabetes is about 17% more prevalent in rural areas than urban ones. With rural communities often facing barriers to accessing healthcare, including limited specialists and transportation. But what if...
