POS POV
The Retail Management Solutions Point-of-Sale Point-of-View

Manage Your Pharmacy From Anywhere

Posted by Mike Gross on Thu, Jun 29, 2017 @ 07:00 AM

As a pharmacy owner, you work hard, and deservedly, need to take a vacation once and a while.  Vacations are necessary, to recharge, spend time with friends and family, relax and unwind.  At RMS, we believe this whole heartedly.  Work/life balance is part of our culture, and it always has, since we started nearly 19 years ago.  We allow our employees to take up to 6 week's vacation per year, paid time off for volunteerism, and try to avoid working our employees more than 40 hrs/week.

Unfortunately, as an owner or manager of a pharmacy, this isn't always possible, and we realize that.  With summer vacations coming up, how do you take time off, but still keep an eye on the business?  We have the solution for you.

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Tags: pharmacy, pharmacy point-of-sale, pharmacy technology, OTC, Efficiency, Pharmacy Profitability, employees

5 Simple Steps for a Successful Pharmacy Pricing Strategy

Posted by Karen Deckard on Thu, Apr 13, 2017 @ 07:00 AM

When it comes to pricing in your pharmacy, you have a number of decisions to make.  Managing pricing properly is arguably one of the most important tasks a pharmacy owner or manager has to tackle. Margins too high mean a risk of losing customers to the competition. Too low and you don't cover your pharmacy operating costs.  Then add in potential for error, changes in cost, and a slew of other factors and you've got something that's impossible to manage without a good plan and the right tools 

Not sure how to get started? Here are 5 steps to create a pricing strategy built for success. 

 

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Tags: pharmacy, pharmacy technology, OTC, Efficiency, Pharmacy Profitability

(VIDEO) How Pharmacy POS Can Improve Patient Health and Profits!

Posted by Mike Gross on Mon, Mar 06, 2017 @ 07:00 AM

Here I am speaking at last week's PDS Conference in Orlando.  

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Tags: pharmacy, OTC, Efficiency, Pharmacy Profitability, Ortho Molecular Products

5 Reasons Why Small Pharmacies Benefit from Point-of-Sale

Posted by Mike Gross on Thu, Jan 26, 2017 @ 07:00 AM

Over the 10+ years I’ve worked at RMS, smaller pharmacies continually bring up the concern that they are too small to benefit from POS.  They feel that because their front end is limited, they have a small staff, or don’t do a huge script volume, point-of-sale is overkill.  This couldn’t be further from the truth, and let me explain why.

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Tags: pharmacy, pharmacy technology, prescriptions, OTC, Efficiency, employees, pharmacy pos

Pharmacies: Things you Need to do Now Promote Small Business Saturday - Nov. 26

Posted by Mike Gross on Mon, Nov 14, 2016 @ 08:44 AM

In under 2 weeks, American Express is once again promoting Small Business Saturday.  Why is this important to you?  Last year, retailers saw 95 million shoppers on Small Business Saturday.  $14.3 Billion is spent on Small Business Saturday.  You're going to be open anyway, so why not promote it and get your piece of the action?

How? Spread the word in your community.  Run some specials.  Merchandise some impulse items at your point-of-sale counter.  Display holiday gift items on your end-cap displays.  

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Tags: pharmacy, pharmacy point-of-sale, frequent shopper, customer loyalty, OTC, Pharmacy Profitability, pharmacy pos

How to Promote Your Private Label OTCs in Your Pharmacy and Score Big Margins

Posted by Mike Gross on Thu, Nov 10, 2016 @ 07:00 AM

Since I'm out this week at a tradeshow, I didn't have time to work with Karen on this week's blog.  So, this week, I dug deep into our archives and found a gem that we published over 3 years ago that still rings true today.  We'll be back next week some some new content.  Until then, enjoy!

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Tags: pharmacy, OTC, Pharmacy Profitability, pharmacy pos

Improve Patient Outcomes and Increase Pharmacy Profitability at the Same Time

Posted by Mike Gross on Tue, Oct 25, 2016 @ 09:50 AM

At RMS, we strive to constantly find ways to improve our client's bottom-line.  As a matter of fact, it’s part of our mission statement.  To this end, I’m really excited to tell you about a new product that is launching this week, an interface actually, to a new software solution. 

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Tags: pharmacy, pharmacy point-of-sale, pharmacy technology, pharmacypos, OTC, Pharmacy Profitability, pharmacy pos, Ortho Molecular Products

What Are Your Pharmacy Competitors Doing Right?

Posted by Karen Deckard on Thu, Oct 13, 2016 @ 07:00 AM

We at RMS frequently focus on the things that independent and hospital outpatient pharmacies excel at when compared to the big chains and box stores:

- Better, personalized service

- Actual patient care

- Disease state management, and

- Sensible product recommendations

These and other areas underscore the important niche that more independently focused businesses fill in the communities they serve. 

Despite all of this, big box stores still represent a large portion of our customer's competition, and they actually do some things right. As much as I don't like to think about what they're doing right, to be more successful you can't ignore these areas.

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Tags: pharmacy, customer loyalty, customer service, OTC

10 of the Best POS Reports to Use in Your Pharmacy

Posted by Karen Deckard on Thu, Apr 28, 2016 @ 07:00 AM

Earlier this week I talked a little about why robust point-of-sale reporting capabilities are so important to your pharmacy.  Utilizing reports can help you identify areas for improvement.  They can also help you to streamline processes so that you spend a lot less time on certain tasks.

But what reports should you be running?  Where do you look to get some of the basic metrics that you need to see how your business is really doing? This week I asked our expert support staff to list some of the reports they are most frequently asked for.  We ended up with a pretty great list of reports that can give you some really in depth information.  

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Tags: pharmacy, pharmacy point-of-sale, OTC, Efficiency, Pharmacy Profitability, pharmacy pos

Common Pharmacy Needs that Require an Uncommon Pharmacy POS Provider

Posted by Karen Deckard on Thu, Mar 17, 2016 @ 07:00 AM

In theory, transactions at the register should be pretty simple right?  Scan items, choose a method of payment, tender the transaction, and print a receipt.  In reality, it’s rarely ever that simple.  In the pharmacy industry, there are countless special needs that your POS system needs to be able to address without slowing down the checkout line.  What’s more, you need to be able to set parameters in your system to meet your needs, and then be able to step back and not worry about them again. 

Here are some of the most common things that independent pharmacies deal with every day, but that take an uncommon pharmacy POS provider to accommodate.

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Tags: pharmacy, pharmacy technology, prescriptions, pharmacypos, OTC, Efficiency, pharmacy pos

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"RMS' [pharmacy POS system] has increased our efficiency, which means less customer confusion and more time for other things. RMS employees are excellent, responsive, and quick – which makes us very satisfied. RMS has improved both our customer service and our business, every year.." – Jim Smith, Owner & Pharmacist, The Medicine Shoppe, Shelton, WA 

 

Retail Management Solutions is the industry leader in pharmacy point of sale technology for retail and outpatient pharmacies. having installed more pharmacy POS systems in the independent and outpatient pharmacies than any other company, RMS has become the industry standard. Whether you operate a single register pharmacy, 15 register superstore, or have multiple locations, we have a fit for you. You can count on us for prompt service in all 50 states, 24 hours a day, seven days a week. RMS is proud to be the only pharmacy POS provider in the nation that focuses strictly on the pharmacy market.