Life Pharmacy wins Best Pharmacy Group 2009

Life Pharmacy wins Best Pharmacy Group 2009 thanks to QlikView

QlikView provides award-winning Business Analysis to Top Pharmacy Retailer

Life Pharmacy was awarded Best Pharmacy Group at the Pharmacy Awards 2009 on June 13th due to their innovative approach to solving their analysis and benchmarking requirements using Business Intelligence and Analysis tool, QlikView.

A publically listed company, Life Pharmacy is New Zealand’s premier pharmacy retailer for prestige brands in health, beauty and fragrance with staff members who are passionate about the business of providing leading products and outstanding service.

In seeking to streamline and unify their data as a Group, Life Pharmacy also sought to provide a user friendly, robust benchmarking tool for members of the group that would enable individual pharmacies to measure their performance against similar pharmacies with the overall objective of improving business performance in each pharmacy.

“Our choice to use QlikView as our key dashboard and analysis tool”, says CFO Craig Wilson, “has transformed the way we think about measuring our business and reporting. We have moved from only having fixed, static, printed reports to flexible analysis that gives us insight and transparency into every area of our business performance. This insight is enabling us to provide sustainable sales and maximise profit growth opportunities to improve the profitability of the individual stores and Life Pharmacy Group to market leading levels.”

QlikView is the flagship product of QlikTech, the world’s fastest growing Business Intelligence (BI) company and Life Pharmacy’s experience of the product leaves little room to wonder why.

QlikView ‘s revolutionary ‘in-memory’ analysis technology makes it an extremely powerful analysis tool that incorporates a data-warehousing solution and front-end analysis all in one interface, delivering instant business answers. According to Life Pharmacy, the speed of information access available QlikView has provided is not something that is available elsewhere in the pharmacy industry.

“The power of the analysis delivered by QlikView in a very short time-frame made it extremely cost effective. We found the cost was a fraction of the cost of similar solutions available on the market which involve the set up of a very complex data warehouse plus the front end reporting tool. Eliminating the need for a separate data warehouse, QlikView delivered a very powerful solution, tailored to meet our business needs, at a low cost, in a short time using very little staff resources”, says Mr Wilson.

“Furthermore”, Mr Wilson adds, “We found the local QlikView partner Visual Intelligence Ltd, who handled the QlikView implementation to be flexible, knowledgeable and professional, as well as cost effective, making the whole QlikView experience positive and clearly beneficial to our business. We are proud to accept the Best Pharmacy Group award and plan to continue to be a market leader within both the Pharmacy industry and wider business arena.”

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