Inventory Management

26
Nov

Tracking, Analyzing and Managing Your Practice’s Inventory

The importance of managing inventory can have a significant impact on aesthetic medical practices.  Having an effective and efficient process in place to manage product inventory is necessary to not only maintain product but also to replenish product and protect practice revenue.  The cost of inventory is relevant to a medical practice and having an inaccurate system of accounting for your product inventory could create an improper need for additional storage space, added shipping costs, low inventory, stale product and could even promote theft.  Here are 3 easy steps to consider in managing your practice’s inventory.

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