Inventory Management

For many practices, inventory management feels like an uphill battle. It’s time-consuming, expensive, and often chaotic – especially when your staff is already stretched thin. The frustration of stockouts, overstocking, and spiraling costs isn’t just a logistical problem; it’s a daily stressor that eats up time and energy you’d rather spend with your patients or…

As Inventory Ally prepares for VMX 2025, I wanted to share one of my favorite VMX stories. In early 2023, I had the opportunity to meet one of my heroes. THE Temple Grandin.  I was attending VMX for work but planned my meeting schedule around Grandin’s lecture. I fangirled with newly made friends in line,…

This article was first published in the Fountain Report on December 6, 2024. Subscribe to the Fountain Report. Too often, I hear about COGS (cost of goods sold) being approached with a sledgehammer. A sledgehammer to your COGS may look like tight budget caps or reducing employees’ autonomy to order at their discretion. It may…

Inventory management in corporate veterinary groups can be a complex challenge. With the scale of multiple locations, balancing the unique needs of each hospital with profitability is a delicate act. When mismanaged, it can lead to high labor costs, waste, supply shortages, and other inefficiencies, all of which can drag down the bottom line, negatively…

As the year draws to a close, it’s the perfect time to take stock — literally and figuratively! Reflecting on your financial goals and making strategic adjustments before the year ends can free up capital, stimulate cash flow, and unlock tax-saving opportunities. With a proactive approach, you can close the books on a high note…

This article was first published in the Fountain Report on October 18, 2024. Subscribe to the Fountain Report. Imagine a large corporate veterinary hospital. It offers competitive salaries, professional growth, and a strong client base. But veterinarians are still leaving. Investigating the issue, leadership conducts exit interviews and uncovers one common complaint: disorganized inventory management….