Practice Inventory Health Check Please download this form and fill out in Adobe Acrobat Reader. Free Acrobat software is available HERE Alternatively, print out and mark by hand.
Visual Merchandising OPPORTUNITIES
YES
NO
Does your product layout supports the flow of the patient dispensing process?
YES
NO
Does your practice have the X factor, or something that truly engages patients?
YES
NO
Are your frames displayed in such a way that they are segmented into easy to identify groups? (eg: brands, colour, price)
YES
NO
Does your gender allocation of display frames reflect the gender split of your sales?
YES
NO
NOTES
Score: ACTION
‘Yes’ score less than 3 – suggested action is:
> Refer to Pricing Strategy, Product Layout and Practice Pricing
INVENTORY MANAGEMENT GUIDE
> Download Frame Style Guide.
FRAME STYLE GUIDE
Mix recommendations in the Inventory Management Guide.
Product Mix OPPORTUNITIES
YES
NO
Does your product mix offer logical price progression?
YES
NO
Does your current product mix reflect your patient demographic?
YES
NO
Do you have a process to identify styling or pricing gaps in your current product offer?
YES
NO
Does your brand mix give you good cross selling opportunities (eg. Are you able to offer alternative styles to a patient across price points?)
YES
NO
Are you referring the frame style guide to help you identify gaps in styling and pricing?
YES
NO
Do I have too many brands offered at the same price/ style?
YES
NO
Could you identify your 3 poorest selling brands?
YES
NO
NOTES
Score: ACTION
‘Yes’ score less than 5 – suggested action is:
> Refer to Pricing Strategy, Product Layout and Practice Pricing
INVENTORY MANAGEMENT GUIDE
> Download Frame Style Guide.
FRAME STYLE GUIDE
Mix recommendations in the Inventory Management Guide.