Please enable JavaScript.
Coggle requires JavaScript to display documents.
Prime Vendor Agreements (Brand COGS (Tied to payment terms, Tied to volume…
Prime Vendor Agreements
Brand COGS
Tied to payment terms
Tied to volume grid
Tied to a generic compliance rate(GCR)
Net List(Specialty/Manufacturers)
Returns /Credits
180-365 days from purchase
Dating
Applied to next statement vs current cycle
Generic COGS
Rebates
Very negotiable
Must know our starting point
Must do comparison on items
Pick a sample of 200 NDC #
don't do every strength of a drug
pick some commonly used and uncommon
ask current supplier for a price list in excel for ndc you use
have new/potential supplier provide the same in excel
Use the 2 excel sheets to extrapolate the price difference
Tied to % of sales vs $ amount
Specialty and High $ item cause dilution of %
Generic house shopping dilutes this as well
Terms
Standard Terms 1st-15 due 25th/16-EOM due 10th
18 Days Sales Outstanding (DSO)
Brand COGS will adjust based on this
Can be used for short term financing
Cost of money