Page 21 - P4403.59-V59_Numark Pharmacy Magazine Jan 25 PRINT - FLIP

Streamline your

pharmacy

Ofset the rise in National Living
Wage and National Insurance with

enhanced Golden Tote features

As we step into a new year, we Numark has a solution...
understand that you will be preparing Golden Tote stands out as the exclusive
to navigate significant financial dispensing solution that delivers in-store
changes that will impact your efficiency and reduces stock holding, all without
operations, particularly around one the need for any upfront investment.
of the most pressing issues on the Based on your feedback, we’ve upgraded Golden
horizon being the increase in the Tote with new features to streamline pharmacy
national living wage and the rise in operations and boost efficiency.
National Insurance contributions. • Multiterminal: Golden Tote can now operate
Last November, MPs voiced their opposition to across multiple PMRs within the pharmacy
simultaneously, enhancing workflow and
chancellor Rachel Reeves’ controversial plans productivity.
to increase national insurance contributions in
parliament, warning the measure will put community • Flexibility: Enjoy the freedom to purchase
pharmacies at risk and damage Labour’s ambition products outside of PHOENIX while still using
of fixing deep-rooted problems in the NHS. Golden Tote’s assembly features to maximise
In her autumn budget, Reeves said private efficiency.
businesses, pharmacies, GPs, care homes and • Visibility: Receive targeted notifications on
hospices will pay national insurance at 15 per cent product availability and pricing, helping you
on salaries above £5,000 from next April compared make informed decisions quickly.
with 13.8 per cent above £9,100 which they
currently pay. 1 • Control: With the new drug tariff blocker, you
Labour party also plans to boost the minimum can prevent items above Drug Tariff from being
wage for 18-20-year-olds from £8.60 an hour to processed, while retaining efficient assembly
£10, which will give young people working full time supported by a barcode manager for self-
an additional £2,500 a year. verification.
Commenting on the NLW announcement, Leyla These enhancements are designed to free up
Hannbeck, chief executive of the Independent time in the dispensary, allowing you to focus
Pharmacies Association, said: “The community on business and financial growth initiatives
pharmacy contract negotiations must guarantee like Pharmacy First. For pharmacies dispensing
that any funding increase for our sector is not offset an average of 12,000 items per month, these
by the budget proposals including the rise in national features can release up to 40 hours of capacity
minimum wage and employers’ national insurance.” and reduce stock holding by as much as 45%!
In October, the National Pharmacy Association Want to know more? Scan the QR code to watch
urged Labour to shield the pharmacy sector from the video!
any potential increases to employers’ National
Insurance burden, warning Reeves that raising
National Insuarnce bills without the support offered
to other public service sectors would be “a kick
in the teeth” to the sector and could force more
pharmacy closures. 2
These changes are expected to affect not only
the financial health of pharmacies but also your
operational efficiencies and workforce management.
Understanding how these adjustments will play
out is crucial for you to plan effectively and ensure
continued growth and sustainability.

1 https://www.pharmacymagazine.co.uk/news/mps-warn-labours-ni-rise-puts-pharmacies-at-risk-during-commons-debate
2 https://www.pharmacymagazine.co.uk/business-news/budget-2024-living-wage-to-rise-by-another-67-per-cent-confirms-reeves#:~:text=Commenting%20on%20 21
the%20latest%20NLW,in%20national%20minimum%20wage%20and

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