Managing Your Inventory

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Managing Your Inventory Investment

Course Description

This four-hour course will provide participants with a knowledge of practical inventory management applications, actions, and goals that can IMMEDIATELY be implemented in a veterinary practice. Topics covered will include inventory management basics, inventory control methods, forecasting and purchasing formulas, deals, margins and mark-ups, and goal setting.

Course Objectives

To encourage participants to set goals and develop action plans that help your practice become more profitable.
To familiarize participants with basic inventory management terminology and processes.
To provide inventory controlling methods that help practices become more accountable for inventory and avoid shrink.
To help participants identify key products where accurate forecasting is critical.
To help participants recognize when a purchasing deal is a smart financial decision for a practice.
To explain the difference between margins and mark-ups, and how to use them.

Course Instructors

Kathy Fritz

Kathy Fritz has worked in the animal health industry since 1989. Her career includes over five years in the management of private veterinary practices. Ms. Fritz started working sales and business development for a veterinary owned distributor in 1995. Training veterinarians and their staff to better manage practice inventories has been an increasing priority since 1998.

Ms. Fritz has a BS in Agricultural Economics from the University of Illinois.

Andie Gottschalck

Andie Gottschalck has worked in the animal health industry since 1990. Her career includes six years working in private veterinary practices as an inventory manager and veterinary assistant. Ms. Gottschalck started working in sales for a veterinary owned distributor in December of 1999. Working with veterinarians and their staff to better manage practice assets is her current career focus.

Ms. Gottschalck has a BS in Biology from the University of Nebraska-Omaha.

This course meets the requirements for 4 hours of continuing education credits in jurisdictions that recognize AAVSB's RACE approval; however, participants should be aware that some boards have limitations on the number of hours accepted in certain categories and/or restrictions on certain methods of delivery of continuing education.

For dates and locations of AAHA MARKETLink programs,
click here to go to the AAHA MARKETLink website.