Entries with the topic Optimize Inventory and Suppliers.
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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Every Veterinary Practice Stores the Inventory Equivalent of Cash
Jun 24, 2016 by Andrew Clark
Managing a practice should begin with the low hanging fruit, selecting opportunities that will yield the largest improvement in cash flow or profitability for the smallest effort or cost. ... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Optimize Inventory and Suppliers ,Financial Friday
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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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