Live Benchmarking
See outside your own four walls.
Every pharmacy owner knows their own numbers. Very few know whether those numbers are good.
Industry Benchmarking in this sector is usually an annual publication: accurate, useful, and about a year old by the time you read it.
That tells you how the market performed. It does not tell you what to do this month.
Our Benchmarking is drawn from stores under active management and reported to the month and the quarter, at category and wage-line level. If your wage percentage starts drifting in October, you know in October.
What you see
Reported to the month and the quarter
- Gross margin, by department and category
- Wage percentage against revenue, and against the market
- Script volume against revenue and against comparable sites
- Category performance and where shelf space is not paying
- Trend lines, not point-in-time snapshots
Benchmarking is included in every full-service engagement, and is available on its own if you would like to keep your current bookkeeper.
No fee, fixed scope
Start with a Benchmark review
Five business days, fixed scope, no fee. We look at your gross margin, wage percentage and category mix, compare them with our Benchmark pool, and give you a one-page summary with three things to act on. If it is useful, we will talk about what comes next. If it is not, you have still got the Benchmark review.