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How well a practice manages inventory affects patient care, team stress and the financial health of the practice. Consider: Have you ever reached for an item but it was out of stock? Has the preferred treatment supply been "on order" when the need for the item is now? Or, do inventory items regularly go out of date before they can be used up? Are sales reps utilized to their full potential as an inventory resource? Are there too many hands in the proverbial inventory pot; and nothing ever seems to ever add up and no one takes responsibility?
Inventory: It's the Basics That Count explains how to tame the inventory beast. This three week course will cover the basics of inventory management such as how to select an individual to oversee inventory and the processes involved. If you have ever wondered how to solve inventory problems and increase accountability and profitability, this course will provide all the "basics that count."
PLEASE NOTE: This course contains flash based Articulate presentations. iPhones and iPads are not natively flash compatible but if a flash compatible browser has been installed on the iPad the presentations will play correctly. This link Flash on iPads provides information on flash compatible browsers. The presentations may also be viewed on a Mac. |
Upon completion of the course, the student will be able to:
- define inventory terminology
- distinguish between different types of inventory categories, including controlled drugs, and explain the components of each
- identify and evaluate the main considerations in inventory management, including the inventory manager position
- formulate a markup policy
- evaluate the economics of turnover and bulk purchases
- implement stronger and more beneficial relationships with sales representatives
- design tools for use within the practice
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This introductory 3 week course on inventory management provides the participant with an overview of the inventory system in a veterinary hospital setting. The material explores the basics of inventory management including general and controlled drug categories. The financial aspects will be covered including cost categories, pricing, billing, promotions and dispensing fees. Inventory system options will be also be reviewed. Other components such as creating an inventory manager job description, working with industry representatives and shrinkage will be discussed as well. |
All material is contained online - the purchase of additional materials is not required |
...I enjoyed the hands-on homework - taking inventory of items within our practice. I also appreciate that you included so many different methods for inventory control.
...I liked the information about the SOP. I think it is a great idea for when the main person who does the inventory/ordering is not in the office for one reason or another, it will help the back up person know what to do.
...I liked seeing all of the different types of inventory procdures and will be using a mixtures that I feel will best suit our hosptial.
...The slide presentations are great - I love that I can keep going back through them for reference - they are easily searched.
...The exercises were very helpful as was the feedback from the instructor. Even though I was new to my position at the vet clinic, the information I learned in this course immediately helped me to contribute to my team and to know which questions to ask and how to evaluate information related to their current inventory management system. VERY well worth the time and effort to complete this course!
...Even though I have worked with inventory for over 20 years the course was a great reminder of things that get pushed to a lower priority in a busy hospital. When in fact it should be a very high priority.
...The information about the inventory turnovers, and how to calcualate them. Having the basic terminology was also helpful.
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VetMedTeam courses are asynchronous - they do not contain real time components. Students log in at times convenient to personal schedules.
PLEASE NOTE: This course contains flash based Articulate presentations. iPhones and iPads are not natively flash compatible but if a flash compatible browser has been installed on the iPad the presentations will play correctly. This link Flash on iPads provides information on flash compatible browsers. The presentations may also be viewed on a Mac. |
Participants are required to submit numerous graded assignments and to complete the course examinations.
Participants are expected to spend a minimum of 2 to 4 hours per week working towards course completion – reading the content, submitting assignments, and submitting the examination.
Upon fulfillment of the course requirements, the student will receive a VetMedTeam certificate of completion that will document the VHMA credits earned. |
This course is appropriate for all veterinary practice team members involved in inventory management who wish a fundamental understanding of the subject. |
This course is applicable for 5.00 CE credits toward the continuing education requirement for the Certified Veterinary Practice Manager program offered by the Veterinary Hospital Managers Association (VHMA). |
Participants may enroll in this course after it has begun, up to the enrollment deadline date. Participants who enroll after the start date do not miss out on any components of the course.
There are no real time sessions.
The design of this course allows each participant to proceed based on individual schedule, as long as all assignments are submitted by the assignment submission deadline |
Leslie Lynette, RVT, CVPM |
 Leslie Lynette, RVT, CVPM
Veterinary medicine is the career path that Leslie chose at a very young age. As a five-year-old child, she rescued baby rabbits from the family dog after it disrupted their nest. Leslie cared for the survivors and sent them on their way when they became stronger. This was the point at which Leslie knew what she wanted to do in life. After eighteen years of clinical experience in managing veterinary patient care as a Registered Veterinary Technician and Certified Veterinary Practice Manager, Leslie feels honored to be able to give back to the profession and to contribute to the development of colleagues in this field.
Since 1993, Leslie has had the opportunity to experience all areas of the veterinary practice. In 1995, Leslie completed an Associate in Applied Science in Veterinary Medical Technology and upon passing the NVTE became a Registered Veterinary Technician. After several years working in practice and a multitude of continuing education, hard work and training, she was given the designation as Practice Manager. In 2001, Leslie began working as the Hospital Administrator for a group of veterinarians that owned several practices, one of which being a 24 hour emergency care center. In 2008, Leslie earned the designation of Certified Veterinary Practice Manager. Leslie has a genuine passion for the advancement of training and education for managers, technicians, assistants and client support staff.
Leslie is married to her high school sweetheart and together they have one vivacious young daughter that keeps them on their toes. Leslie and her family recently lost their beloved dog Chloe after 15 years and now share their home with a curmudgeon old kitty named “Mr. Willis”. When not writing courses for VetMedTeam, Leslie enjoys boating on the lake, photography, stained glass design and spending time with her family.
Favorite Quote: “The definition of insanity is doing the same thing over and over again and expecting different results.” Albert Einstein |
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