Entries with the topic Supplier Wednesday.

Inventory Management:  Where to start…

Aug 3, 2016 by Edward L. Blach, DVM, MS, MBA

Managing inventory can be a daunting task.  Is it really that important to invest the time and effort to manage inventory closely?  Let's look at some numbers... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Inventory management affects practice value

Jul 27, 2016 by Edward L. Blach, DVM, MS, MBA

Inventory management affects practice value, and the impact of inventory on practice value can be very large. How does inventory management affect practice value?  Inventory and related costs ... [ Continue Reading ]

Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Enforce weekly goals for inventory purchases

Jul 20, 2016 by Edward L. Blach, DVM, MS, MBA

Inventory is the second highest cost area for a veterinary practice.  It is one of the most important areas to focus your management efforts.  How much inventory is... [ Continue Reading ]

Topics: Featured 3 ,Management ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Measure the results of management

Jul 13, 2016 by Edward L. Blach, DVM, MS, MBA

Practice owners and managers are faced with many decisions regarding the operations of a veterinary practice.  Whether it is a decision to secure inventory by locking a pharmacy, hiring... [ Continue Reading ]

Topics: Featured 3 ,Management ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Should I sell product or not?

Jul 6, 2016 by Edward L. Blach, DVM, MS, MBA

A common question heard amongst practice owners and that is discussed at length in veterinary press is, "Should veterinarians sell product or not?" There have been many articles written recommending... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Profit cures a lot of ills

Jun 29, 2016 by Edward L. Blach, DVM, MS, MBA

Frequently, practice owners and managers inquire about how to move their practice forward.  How do I grow our practice?  How do we afford to hire another veterinarian?  ... [ Continue Reading ]

Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Simplify your inventory

Jun 22, 2016 by Edward L. Blach, DVM, MS, MBA

Inventory is the second largest expense category in most practices.  It is important to optimize your inventory and to implement sound inventory controls to ensure that it is managed... [ Continue Reading ]

Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Your dashboard tells the story

Jun 15, 2016 by Edward L. Blach, DVM, MS, MBA

It's mid-month and it's time to examine the performance of your practice over the past month and beyond, if you haven't done so already.  You invest... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Management ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Cameras or no cameras?

Jun 8, 2016 by Edward L. Blach, DVM, MS, MBA

Managing inventory depends upon appropriate controls.  It requires a balance between making access to inventory simple and convenient while ensuring that it is used as intended, charged for, and... [ Continue Reading ]

Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday

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Suppliers should be partners

Jun 1, 2016 by Edward L. Blach, DVM, MS, MBA

Suppliers should be partners.  Historically, suppliers were looked at in one of two ways.  On the one hand, suppliers were looked at with skepticism and distrust, almost as... [ Continue Reading ]

Topics: Featured 3 ,Build and Lead Your Team ,Management ,Optimize Inventory and Suppliers ,Supplier Wednesday

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