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We can manage the RFP process for the purchase of products and services which are complex and specialized. We are cost reduction consultants who offer innovative solutions to enhance your profits. We are independent, third party purchasing professionals who can be your “extra set of eyes” focused on profit enhancement. Do you need a Purchasing Professional for a short-term or longer-term project? Are your Health Insurance Premiums price competitive? Receive Compensation for Referrals
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Where are your new profits coming from?
In today's challenging pharmacy environment, many pharmacies face increasing pressure to reduce costs and increase revenues. Doing everything possible to reduce costs can have a significant impact on your bottom line.
For example, let's assume a pharmacy is operating at a gross margin of 10 percent and that it reduces its operating expenses by $1,000. The $1,000 cost reduction drops straight to the bottom line. By comparison, the pharmacy would need to increase its sales revenue by $10,000 to generate the same $1,000 in new profits.
Most pharmacies want to reduce costs, but they may not have the time, manpower, or other resources to do so. We can work with your pharmacy to target expense categories where there are potential cost savings. We can help your pharmacy find and eliminate profit leaks, thereby improving your bottom line. The following steps explain how we can help your pharmacy find extra savings and unlock new profits.
Contact us now to learn more about our services.
We can be contacted by phone at (845) 493-0055 or by e-mail at info@theprofitvise.com
The Profit Vise can find and fix pricing which is not "best-in-class" so that your dollars are not literally pouring down the drain. We'll help you find and fix the profit leaks in your business.