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040 COGS: The Second Largest Cost in a P&L - Emmitt Nantz
Manage episode 399554992 series 2880521
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We asked Emmitt Nantz, Co-Founder of Inventory Ally, about the factors that drive inventory costs, COGS and how to calculate them, who should manage inventory at a vet practice, and common mistakes.
- What are the factors that drive inventory costs?
- How can practices keep costs under control?
- What are COGS and how do we calculate them?
- Why shouldn’t practices rely on their PIMS to manage inventory?
- Who should be in charge of inventory in a small practice?
- What are some common mistakes vet practices make with managing inventory?
- What is Inventory Ally?
- What was the experience like winning the pitch competition at the Veterinary Innovation Summit?
Ways to connect with Emmitt:
Website: https://inventoryally.com/
Email: emmitt@inventoryally.com
LinkedIn: https://www.linkedin.com/in/emmitt-nantz/
Ways to connect with Veterinary Financial Summit:
VetFinancialSummit.com
Instagram: @vetfinancialsummit
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