Del Norte Pharmacy of Santa Fe is part of a well-run group of 11 retail pharmacies in the South and Midwest, expanding from Texas to New Mexico. Business coaching began for this group of stores with Del Norte Pharmacy of Santa Fe, New Mexico in the Fall of 2013. Pharmacist Brian Hunt supervises this location along with several other locations in the group. Challenge The cost of inventory for a retail pharmacy represents one of the largest expenses they incur, making it one of the most significant areas of financial management, operational efficiency, and cash flow considerations. According to the NCPA Digest 2015, the average retail pharmacy turns their inventory approximately 11.9 times per year. After a complete diagnostic review of the business in late 2013, the business

Join for free to read