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  1. Member-pharmacy only

    FPP Blog Series: Issue 16: Stock Management - Maximising Your Return

    21 September 2017

    Last week we discussed stock management in regards to the main KPI of Stock Turnover rates. We learned about how this impacts cash flow when our stock turnover rates are too low, but also the problems that are caused when…

    WA | Blog Post | Training, Business Administration, Marketing, Innovation

  2. Member-pharmacy only

    FPP Blog Series: Issue 15: Stock Management - Stock Turnover

    14 September 2017

    One of the tasks consuming the most amount of attention in a pharmacy is stock management. Pharmacies have a large amount of money invested in stock so maximising the return on that investment is critical. There are lots of decisions…

    WA | Blog Post | Training, Business Administration, Innovation

  3. Member-pharmacy only

    FPP Blog Series: Issue 14: The Patient Connection

    8 September 2017

    We have previously talked about increasing customer numbers, and how minor increases can have a large impact on your overall profitability. We have also considered how customer numbers can be increased by not only attracting new customers to your store,…

    WA | Blog Post | Training, Innovation, Clinical

  4. Member-pharmacy only

    FPP Blog Series: Issue 13: How nurturing a loyal customer base can contribute to Sustainability, Profitability and Growth

    1 September 2017

    Increasing customer numbers, basket sizes and script numbers are tried-and-tested ways of achieving growth. But it is seldom that simple and success rarely happens overnight.Attracting new customers using marketing campaigns can be both resource and cost-intensive. In fact, members that…

    WA | Blog Post | Training, Marketing, Innovation

  5. Member-pharmacy only

    FPP Blog Series: Issue 12: The Multiplier Effect

    24 August 2017

    For those of you who were at the WA Pharmacy Forum, you would have seen the panel discussion on “How you can Achieve Sustainability, Profitability and Growth”. In that session we went though the impact that relatively minor changes in…

    WA | Training, Innovation

  6. Member-pharmacy only

    FPP Blog Series: Issue 11: Social Media - No Longer An Afterthought

    17 August 2017

    Did you know that one in two people in Australia use Facebook daily? Social isn’t going anywhere; it has become a daily habit for most people. There are some pharmacies that have had true success with their social media efforts.…

    WA | Blog Post | Training, Marketing, Innovation

  7. Member-pharmacy only

    FPP Blog Series: Issue 10: Key Points from the 2017 Guild Digest

    2 August 2017

    Now the 2017 Guild Digest is out, we have been running the ruler over the data to get the main points that impact pharmacy businesses. The Digest is a key document pharmacy owners can use to help align the performances…

    WA | Blog Post | Training, Innovation

  8. Member-pharmacy only

    FPP Blog Series: Issue 9: Productivity Measures

    21 July 2017

    The 2017 Guild Digest (www.guild.org.au/resources/guild-digest) has been released by the Pharmacy Guild of Australia, and with it a whole lot of data which you can use to help you gauge the performance of your own pharmacy. There is a lot…

    WA | Blog Post, Media Release | Training, Innovation

  9. Member-pharmacy only

    FPP Blog Series: Issue 8: Customer Numbers - The Ultimate KPI

    5 July 2017

    When we talk to the various pharmacy owners in our community, it is interesting to hear the various tools owners use to track the performance of their pharmacies. Of course there is the bank balance…..when it’s up things are good,…

    WA | Blog Post, Guild Alert | Innovation

  10. Member-pharmacy only

    FFP Blog Series: Issue 7: EOFY Preparation

    27 June 2017

    Another financial year is about to come to an end and it is time to get your financial affairs in order before you go see your accountant.

    WA | Blog Post, Guild Alert | Innovation

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Page last updated 18 January 2019