SmarterPharm enables the pharmacy owner to:
- SmarterPharm has a low cost membership fee.
- Members control pharmacy costs while accessing SmarterPharm member benefits.
- SmarterPharm helps control inventory levels by smarter buying.
- Value added services with significant cost savings.
- Access to point-of-sale contract pricing.
- Minimum quantity buys.
- Leverage from growing membership base in negotiating contracts.
- Strength in better inventory management. Buying less with improved discounts.
- Strength in local area marketing.
- Corporate deals on pharmacy consumables, telephone, banking, energy and insurance.
- SmarterPharm empowers members to make effective decisions for their pharmacy.
- The SmarterPharm membership offer is transparent. It is not clouded by offers which incur an additional cost or unachievable rebate targets.
- SmarterPharm assists members to retain cash flow control as all discounts are off invoice.
- No obscure moving target rebates paid at an unspecified future date.
- Allows members to choose the OTC lines that work for their local area.
- Choose the generic options that drive profitability in their business.
- Choose the OTC lines members require to make their business stronger
- To respond to the changing demands of the local market.
- Smarterpharm does not dictate how members operate their pharmacy.
- SmarterPharm allows members to operate their pharmacy independently while leveraging the Smarterpharm benefits.
- Gives members freedom of choice with excellent buying opportunities at low cost.
Over 11 years ago, 10 like minded Melbourne community pharmacists formed SmarterPharm. For many years, it remained a Victorian group but has slowly evolved into a national group.
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Membership currently stands at 80 pharmacies nationally.
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SmarterPharm is run by a board of community pharmacists and each board member actively operates their own pharmacy.
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The SmarterPharm Board understands the decisions they make impact the business outcomes of all members, directors included.
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SmarterPharm has had steady growth since its inception. SmarterPharm has an efficient infrastructure and is not driven by profit.
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SmarterPharm’s passion is to grow membership numbers.
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The size of the group brings benefits for all members through the negotiating power that numbers bring.
SmarterPharm believes that independent pharmacy ownership remains a viable business opportunity. For independents to be successful they need the collective benefits of group membership but not at the peril of relinquishing control.
The SmarterPharm business plan offers choice and flexibility as independent pharmacies are differentiated by their local demands, their proximity to GPs and type of business. Increasing profits is the core of SmarterPharm’s philosophy.
SmarterPharm is transparent . All discounts are off invoice enabling the owner to manage inventory cost and cash flow effectively. And all supplier discounts are passed onto members.
While all aspects of business are important, SmarterPharm has always placed emphasis on the front of shop. As price disclosure becomes a reality, SmarterPharm’s high otc dscount, on every OTC line and after supplier discount, enables members to remain highly competitive.
SmarterPharm offers profitability to the independent pharmacy owner. This is reflected in the wholesaler terms the group offers and in ethical, generic and otc discounts. SmarterPharm enables the pharmacy owner to:
- Improve Profitability
- Gain Strength
- Retain Control
- Utilise Choice
- Maintain Independence
Membership Compliance
Smarterpharm signage is required for all individual pharmacy members. The requirements are minimal, at no cost to the member and are for membership gain.
Core ranging is required for some supplier contracts. Selection criteria is negotiated with consideration of turnover variance in members’ stores.
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Generic options are available at minimal outlay and allows members to flexibly manage their dispensary.
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Terms and Conditions
In order for a SmarterPharm Representative to discuss the confidential details of our membership offer we ask you to read and agree to the following Confidentiality Agreement:
- The Recipient acknowledges that the Confidential Information provided or conveyed to it concerning the offer made available by SmarterPharm Pty Ltd for the purpose of considering, advising on, and/or evaluating the offer remains confidential.
- The Recipient undertakes that it will not disclose the Confidential Information provided to any other party, nor publish, use, reproduce or copy the confidential Information, or allow it to be published, used, reproduced or copied by any other party without the prior consent of SmarterPharm Pty Ltd
- As necessary for the purpose outlined in Clause 1
- As required by law;
- As permitted by SmarterPharm Pty Ltd.
- The recipient undertakes to maintain effective security measures to protect the confidential Information from unauthorised access, use or disclosure.
- On the request of SmarterPharm Pty Ltd the Recipient undertakes to deliver all the confidential Information provided by SmarterPharm Pty Ltd within 14 days (fourteen days).
- The Recipient acknowledges that any breach of the terms and conditions of this agreement may result in legal action.
I have read and agree to the terms of the Confidentiality Agreement
SmarterPharm Pty Ltd
Suite 1, 1014 Doncaster Road
Doncaster East 3109
office@smarterpharm.com.au