Profit Mastery: It's All About Gross Margin—the Primary Controllable Profit Drivers
Sponsored by PCCA
Monday, October 12, 2015, 8:00 a.m. - 9:30 a.m.
Gaylord National Resort and Convention Center
Continuing Education Credits: 0.15 (1.5 Contact Hours)
ACPE #: 207-000-15-115-L04-P and ACPE #: 207-000-15-115-L04-T
There are only so many gross profit dollars in the pharmacy industry—and there are also a lot of "hogs at the trough." The gross profit game is a zero-sum deal; if someone gets another dollar, someone else loses one. And the independent pharmacist is potentially the one who gets pushed out by the big boys.
Managing gross margin/product mix is more critical than ever, managing the seven key gross margin drivers is the walk away of this session and you will leave with a sophisticated—yet simple—visual roadmap to managing gross profit. The stakes are high—don't leave money on the table!
Pharmacist and Pharmacy Technician Learning Objectives:
- Apply gross margin drivers to your pharmacy financial information.
- Calculate the effects of different management decisions on gross margin
- Relate gross profit roadmap to your pharmacy's financial management.
Steve LeFever, MBA, CFE, Chairman and Founder, Business Resource Services, Seattle, Washington
Activity Type: Application-based
Audience: Pharmacists and Pharmacy Technicians