Step 1 - Buy better

Making your buying decisions simple and cost effective

Inventory is the single largest asset on the balance sheet for almost all pharmacies, yet despite many changes in retail pharmacy over recent years it remains the least productive. High inventory levels caused by bulk purchases not only drain the pharmacy’s financial position, but can also reduce customer service levels as stores cannot afford to restock what is selling because they have too much invested in what is not.

A key advantage of the Pharmacy Choice^® buying program is that it allows member stores to purchase most products at competitive prices in minimal quantities. This means that pharmacies can buy as they sell rather than needing to buy in large bulk quantities to receive any discount.

Other benefits of Step 1 include:

Deals - the Pharmacy Choice^® Buying Guide gives members access every day to buying deals created through the strength of national supplier negotiations, thereby reducing the need for pharmacies to negotiate with suppliers directly.

Buying Opportunities - members can take advantage of deals on product lines including temporary price reductions, monthly clearance lines, first to market opportunities and new line launches.

Private Label - a comprehensive and quality range of Pharmacy Choice^® private label products all manufactured in TGA/GMP approved facilities with competitive prices and great GP to maximise sales and profits.

Generic Medicines - competitive deals on generic medicines offers pharmacies the opportunity to increase their profits in this key category.

SHOP^® - Symbion's complementary online ordering tool. View stock levels, compare prices, place and track orders, manage back orders and use available data to view your ordering trends.

"...Not only does the Private Label offer fantastic range, price and packaging, but there is also flexibility in ordering."

"Customers are really impressed with the range and competitive pricing."

Glen Travers, Pharmacist, New Town Pharmacy (TAS)