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:

  1. Apply gross margin drivers to your pharmacy financial information.
  2. Calculate the effects of different management decisions on gross margin
  3. 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