News

Number of Independent Pharmacies Continues to Rise

BY CSA STAFF

Alexandria, Va., The National Community Pharmacists Association (NCPA) announced that, despite the enormous challenges facing independent pharmacists in the United States, the number of pharmacist-owned, non-publicly traded pharmacies grew last year, according to preliminary data from the 2006 NCPA-Pfizer Digest. The initial findings also show a higher volume of prescriptions dispensed, an increase in average pharmacy sales and an increase in total prescription sales. In 2005, there were a total of 24,500 independent pharmacies, up from 24,345 in 2004. The average number of prescriptions dispensed annually per pharmacy was 63,500 (204 per day), up from 59,432 annually (190 per day) in 2004. The average annual independent pharmacy sales were $3.98 million, up from $3.58 million in 2004. The percentage of independent pharmacies offering niche patient services, such as durable medical equipment, also increased in 2005.

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ECOMMERCE

Bazaarvoice Partners With Leading Web Analytics Solutions

BY CSA STAFF

Austin, Texas, Bazaarvoice, which helps brands use on-line word of mouth to build their businesses, announced partnerships with four Web analytics firms: Coremetrics, Omniture, WebSideStory and WebTrends. The partnerships allow clients to incorporate word of mouth metrics into overall measurements of on-line performance, as well as to compare the strategic impact of customer ratings and reviews versus other on-line initiatives.

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SUPPLY CHAIN

Real All About It: Supply Chain Efficiency

BY CSA STAFF

New York City, Acollaborative information-sharing network enables partnerships that provide quick, clean and reliable information needed for efficiency in today’s competitive supply chain.

That’s some of the advice from Harshal Gaikwad and David Sauls, authors of “Building Supply Chain Efficiencies Through Collaborative Information-Sharing Networks.” The authors, both executives at Infosys Technologies Limited, propose a framework consisting of strategic and technology components, enabling the four linkages of collaboration—setup, transact, share and collaborate.

For the complete article, go to “Guest Commentaries.”

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