Online Analytics

KPIs of Business Performance with Your Reverse Distributor

May 20, 2020

When looking at your business performance in relation to your reverse distributor, you should ask yourself is your business better off than it was before? To answer this question, you can compare your pharmacy’s business performance (with a reverse distributor) to three industry benchmarks:  % Returnable vs Non-returnable  Excessive Return Volume   Pharmacy-Caused Non-returnable   % Returnable/Non-returnable  One …

KPIs of Vendor Performance: Turn Time, Reconciliation Rate and Collection Rate

A pharmaceutical reverse distributor should be more than just a processor of drug returns. A good reverse distributor should be a partner to your pharmacy. They should provide data and insights about your pharmaceutical returns and inventory processes that help improve your bottom line.  Three key performance indicators (KPIs) of a pharmaceutical reverse distributor include:  Turn …

Do you know your ERV?

What’s Your Expected Return Value?

November 27, 2018

Reverse distribution is a dynamic industry which determines drug cost according to many rapidly-changing variables, each of which fluctuates according to price data, calculations and more. Prices are recalculated and modified at every link of the drug supply chain, making pricing a science. For example, WAC (Wholesale Acquisition Cost) and AWP (Average Wholesale Price), are …