Find your hidden costs
Penny pinching on products is not the only answer
Pharmacies across the UK continue to feel the pinch; funding announcements aren't keeping up with inflation and the cost of running a business which includes the rising National Insurance contributions. Patients have a greater expectation of 'free' services when they visit their local pharmacy which also adds to the strain of a pharmacies resources.
Funding across the UK for 2025/26
The 2025/26 Community Pharmacy Contractual Framework (CPCF) included an estimated 15% uplift in funding and an increase in Pharmacy First and contraception services in England. For Scotland the CPS (Community Pharmacy Scotland) has secured a guaranteed minimum reimbursement of £120 million for 2025/2026 up from £110million and at present it is still unclear how funding will impact Wales and Northern Ireland.
However all of these increases do not account for the continued rising of business critical costs and so it is essential for pharmacies to flex their entrepreneurial muscles to find efficiencies and boost revenue.
Find your hidden power in supply chain management
In a recent survey we discovered that many independent pharmacies often spend over 15% of their week managing stock and ordering consumables, often ordering from a range of suppliers and handling multiple invoices.
As a dispensing consumables business with over 60 years experience in the field, we have built relationships with pharmacies across the UK, learning about your supply chains, your most popular products, the quality you need and the service you expect from your suppliers.
Every day we are having conversations with pharmacies on pricing, as we know the consumables are a necessary cost to your business, but one that doesn't make you money. But it might in fact COST you money, especially when the quality is not right, or you are ordering from several suppliers, managing multiple deliveries, invoices and general admin around this.
Have you ever thought of streamlining this part of your business?
We get it, having the time to review this part of your business probably sounds like a task in itself with available time you don't have.
For us building relationships is time we want to invest in, so all of our customers are assigned a knowledgeable and friendly Account Manager who can review your entire consumable order inventory and find where value can be found.
One supplier one order – more time for you to get on with what you do best!
Contact us today for your Dispensing Consumables Healthcheck.
