Start date: 14 November 2023
Duration: Two days - Tuesday 14th & Wednesday 15th November (9:30am – 5pm each day)
Location: Castletroy Park Hotel, University Gates, Dublin Rd, Limerick
Certificate: Pending CVE Points
Cost: XLVet Ireland Member Rate €285, Non XLVet Ireland Member Rate €495
Programme overview
Stock Management is a crucial component of a successful veterinary business, if not managed correctly it can have a significant effect on profitability. Having a defined stock control strategy in place means you'll see improvements in compliance, increased customer satisfaction and have a much clearer visibility on your stock value and profit margins.
This course will suit anyone in practice with responsibility for the practical implementation of changes in stock control in any practice. This could be the business owner, practice manager, stock control manager, or any given title. The key issue is that they will be the person leading change for improved stock control management. Delegate places are limited to 16.
Event Details
Course Objectives
- Improve participants’ understanding of key stock management terminology
- Display the significance of Stock Control to your practice’s financial wellbeing
- Review various Stock Control systems – from the simple use of Stock Cards to the most advanced Computer Systems and understand where to start for your practice
- Review a framework for Stock Control, showing best practice – from introducing a disciplined stock control process, to allocating responsibilities, educating teams and developing a culture of stock control awareness
- Show how a good Stock Control system can support compliance (e.g. managing batch numbers and expiry dates)
- Understand the tools at your disposal to best forecast demand and re-ordering quantities
Learning Outcomes
At the end of this course, participants will have;
- Improved understanding of the significance of “stock-control” for your practice
- Reviewed various systems of stock control and will have a better overview of how to get the best from your own respective systems
- A plan for your practice to take you to the next level on your ‘stock-control’ journey;
- Seen how good Stock Control practices can positively affect a practice; Improved compliance,Better “in-stock” controls Elevated sales and Superior customer satisfaction
- Been introduced to a model to assist the implementation of “change” in your practice; and
- Tools to assist the implementation, and sharing of knowledge, on Stock Control issues
Trainer:
Padraig Cronin Business Consultant & Entrepreneur
Padraig commenced his retailing career with Quinnsworth in 1979 holding various store management roles. He has owned and operated a number of retail stores throughout his retail career and still retains some ownership interest.
In 2006 he joined the Independent Pharmacy Ownership Scheme (IPOS) as a Business Manager. This role involved working closely with the owners of pharmacies advising them on how to maximise the operational efficiency and profitability of their businesses.
In 2012 as part of the McKesson Ireland business Padraig moved to United Drug as Head of Marketing & Retail Services. This role involved assisting retail pharmacies to improve performance, working with financially distressed pharmacies to restructure and stabilised their business. The role also included developing a service to provide a Store Refit Project Management, a Merchandising and Category Management Process and Point of Sale Toolkit Services. In 2017 he undertook a new role with the McKesson Ireland Group as Head of Strategic Planning and Development for both the United Drug Wholesale and Lloyds Ireland Pharmacy business.
Since 2021, Padraig has worked independently with businesses, mainly retail, to help them get the very best from their resources, both physical and their people, through mentoring and training.
About XLVets Skillnet:
Established in 2011, XLVets Skillnet is a not-for-profit Learning Network co-funded by Skillnet Ireland and our member companies. Skillnet Ireland is funded from the National Training Fund through the Department of Further and Higher Education, Research, Innovation and Science.
Of the 70+ Skillnet Ireland Learning Networks, we are the only Network dedicated exclusively to supporting the veterinary sector in Ireland. We do this through the provision of high-quality, sector-led, subsidised training and education.
For further details visit https://xlvetsskillnet.ie/