The Challenge
Sanders Pharmacy faced the daunting task of optimising retail inventory performance amid rising prescription numbers and evolving discount competition. With over 4,700 SKUs and $40,000 in Dead Stock, the pharmacy grappled with space constraints and inefficiencies.
The Solution
Harnessing RPM
Sanders Pharmacy embraced RPM, the cutting-edge Retail Performance Management software that connected seamlessly to their Toniq Point of Sale (POS) system. Leveraging RPM’s suite of smarter ordering solutions and comprehensive retail analytics, Sanders Pharmacy revolutionised its inventory management practices.
By harnessing RPM’s benchmarking, real-time insights and category management tools, the pharmacy gained unparalleled visibility into key performance indicators (KPIs), empowering data-driven decision-making.
The Results
The impact of RPM was transformative: