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The True Cost of Purchasing Through a Single Vendor | SureCast

The True Cost of Purchasing Through a Single Vendor | SureCast

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 In this episode, we’re joined by Nathan Taylor, VP of Sales & Business Development at SureCost, to unpack the real impact of “convenience” in pharmacy purchasing—and why relying solely on a single vendor could be costing your pharmacy more than you realize. We explore the hidden risks of vendor-controlled pricing, delayed reporting, procurement errors, and the operational strain of drug shortages. Nathan shares how SureCost empowers pharmacies to regain control with real-time data, contract compliance tools, and integrated vendor comparisons—all within a unified purchasing platform. 💡 Topics Covered:
  • Why single-vendor convenience often leads to hidden costs
  • The risk of delayed reporting and loss of purchasing visibility
  • How vendor errors can quietly chip away at margins
  • Strategies for protecting profitability even if you stick to one vendor
  • The role of technology in purchasing compliance and rebate optimization
  • Benefits of expanding vendor relationships through a unified platform
  • How SureCost helps pharmacies leverage data to buy smarter, save more, and stay ahead of shortages
📌 Key Takeaway: Convenience isn’t free. With the right technology, pharmacies can retain operational simplicity while unlocking powerful savings and gaining full control of their purchasing strategy. 🔗 Learn More: Explore how SureCost is redefining pharmacy purchasing: www.surecost.com

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