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Don’t let your pharmacy layout hurt sales! Design a floor plan that: Follows regulations but reflects your brand. Guides customers with clear flow and signage. Slows them down to browse with attractive displays. Uses the “right turn effect” to promote key products. Highlights impulse buys near the entrance.
Don’t just focus on long expiry dates! It can tie up your cash. Embrace data analysis to: – Identify slow-moving stock at risk of expiring. – Leverage short-expiry deals to boost profits (see liquidation platform link in full article). – Make data-driven decisions for your pharmacy’s success. Consider AI and outsourcing for efficient stock management.
Lead time in pharmacies refers to the duration from order initiation to product receipt. Factors like supplier processes and distance impact lead times. Longer lead times can frustrate customers and harm a pharmacy’s reputation. To minimize lead times, establish multiple supplier relationships, consider delivery speed, and streamline internal processes. Shortening lead times is crucial for…