Inventory System Analysis
Determine what is the clinic’s inventory (COGS) compared to gross income?
Compare to the industry benchmark.
If there is room for improvement I help look at:
1. Current usage of inventory management system within the PMS.
2. Inventory Manager’s ordering behavior & schedule. Is it efficient? If not make suggestions on how to streamline process.
3. Ordering on “special” – review clinic philosophy and coach on how to be more strategic if there is an excess of inventory.
4. Product duplication – identify the product categories where there are “me too” products and help the clinic see the impact of those choices.
5. Create a suggested timeline for implementation of inventory improvement tactics