The True Cost of Purchasing Through a Single Vendor | SureCast

Pharmacy Podcast Network

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