A portmanteau word from “Shrinkage” and “Manager”

Long time ago, dispensing a box of a well known statin could allow you to recover the cost of another medication expiring on you!

Focusing on financial opportunities to drive operational improvements must be a continuous pursuit for pharmacy management.

We have paid $3,057.60 in commission at one stage for Reverse Distribution of Nearly Out Of Date stock. It horrified us that selling stock under cost could incur a cost of this magnitude.

The fee we got charged was 5% (ex GST) of the sale value (ex GST), with a minimum of $2.50 (ex GST) per transaction.

Shortages of essential drugs are becoming increasingly frequent globally.

This is posing a risk to the health of patients who fail to receive the medicines they need.