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Hello friend,

 

With both evolving reimbursement models and the coming impact of Direct and Indirect Remuneration (DIR) fees, there’s never been a more optimum time for pharmacy owners to prioritize inventory optimization workflows.  

 

When you implement this type of workflow, you’re establishing a process for regularly and systematically redirecting cash from your shelves to your bank account, improving your liquidity, and setting yourself up to respond to fees.  

 

Because of the ebbs and flows and unpredictability of these fees, an efficient inventory optimization workflow becomes crucial to maintain profitability and ensure proper cash flow. 

 

Our blog, "Building a Pharmacy Inventory Optimization Workflow," delves into the significance of inventory workflows, explores the impact of DIR changes, and how they can help. 

Learn More on Inventory Workflows

And if that feels daunting, we’re here to help. If you have any questions or wish to discuss your inventory needs further, grab a time to talk. 

 

Regards,

 

Jennifer Wilcox

VP of Sales & Marketing

Datarithm®

www.datarithm.co

 
 
Tip Sheet: 5 Steps to
Pharmacy Inventory Optimization
 
Refine Your Inventory Process for Efficiency
 
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        I felt like we were doing a pretty good job of keeping our inventory at the right level and I felt like moving to Datarithm wouldn’t so much decrease our inventory value as it would increase our service level. I was pleasantly delighted to be wrong! In just a couple of months, our inventory dropped has over $85,000 between our 2 stores! Simultaneously, our service level has gone up. We aren’t out of near as many items as we previously were and our customers are noticing the difference!

         

        Inventory Management

        Peruse the Recent Blogs: 

          • Family-Owned Pharmacy Reduces Surplus by 73% in Six Months, Dramatically Improving Liquidity
          • SincereRx Realizes Immediate Increase in Profitability + Cash Flow with Inventory Management System
          • 3 Ways Pharmacies Can Prepare for Coming Changes to DIR Fees in 2024
          • 5 Key Benefits of EDI Integration for Your Pharmacy
          Screenshot 2024-01-24 at 1.30.56 PM
          Screenshot 2024-01-24 at 2.07.58 PM

          Guides & Tip Sheets

          Explore the Latest Resources:

            • Guide: How to Link Perpetual Inventory with EDI
            • Guide: The Ever-Changing Role of the Pharmacist
            • Guide: Is DIR Relief Actually Within Reach?
            • Guide: The Ultimate Guide to Perpetual Inventory
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