Wade Hinkle Email and Phone Number
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Wade Hinkle is a pharmacy inventory consultant. Wade graduated from Auburn University in 2011 with a focus in Finance and Entrepreneurship . The Hinkle's have an independent pharmacy in the Bessemer area called Hinkle pharmacy, which has been in business over 30 years.Wade Hinkle is an active member of American Pharmacy Cooperative Inc. (APCI), Alabama Pharmacy Association (APA), and The National Community Pharmacy Association (NCPA).Wade is the Co-Founder of Inventory I.Q., which is a pharmacy inventory consulting company and a perpetual inventory installation service. In 2014, Inventory I.Q. managed over 72 million dollars worth of purchasing and has expand to over 1.5 billion dollars in 2022. Inventory I.Q. has saved independent pharmacies over 30 million dollars. Inventory I.Q. was first introduced to the pharmacy industry by APCI in 2014 at the annual APCI convention. Transaction Data Systems (Rx30) and Inventory I.Q. on January 12, 2015 announced their partnership to the Rx30 user base. Where they will collaborate and develop the Rx30 marketplace for Rx30 users in order to purchase and sell drugs and pharmacy equipment from other Rx30 users at a discounted price. Inventory I.Q. is providing their specialized forecasting algorithm to the Rx30 user base for FREE, as well as providing their service for installing perpetual inventory systems.Specialties:SalesInventory ControlFinancial AnalysisPharmacyForecastingLeadershipNetworkingReal EstateOperations
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Chief Executive OfficerPharmacy Marketplace Oct 2020 - PresentPharmacy Marketplace (PM) is a one of kind independent pharmacy SAAS product that provides the best analytical purchasing decision for an individual pharmacy or a group. PM analyzes each pharmacy's dispensing history with it's artificially intelligent purchaser called Athena. Athena learns the pharmacy's historical trends and factors in rebates to provide drug cost transparency across a network of primary and secondary wholesalers to determine which wholesaler is the most cost effective to meet the specific pharmacy's demand. Athena takes drug purchasing to the next level by factoring in the latest pharmacology and perpetual inventory standards to accomplish the world's first truly automated rx shopping experience. -
Co-FounderInventory Iq Aug 2011 - PresentBessemer, Alabama, UsInventory iQ is an inventory consulting and perpetual inventory installation service for independent pharmacies. In 2014, Inventory iQ saved over $1,515,000.00 for 25 independent pharmacies. By 2017 Inventory iQ saved over $9,120,000 for 110 independent pharmacies with a total match Rx savings of over $2,200,000.Inventory I.Q. converts non-perpetual inventory systems to perpetual inventory systems by providing a team of inventory specialists to individually count drugs and update the pharmacy's computer system. If a perpetual inventory system is already being used, Inventory I.Q. will provide their forecasting calculations to reduce the pharmacy's inventory to an optimal and efficient level. Also, Inventory I.Q. will provide a drug package analysis to determine if your pharmacy is ordering cost effective package sizes compared to the pharmacy's usage. While doing this, Inventory I.Q. scans your wholesaler to insure your pharmacy is ordering the cheapest brand available as well. Any non returnable/non usable items will be pulled and suggested to sell on a secondary market. Any expired goods found will be pulled as well as the inventory specialists are building your drug profiles. Inventory I.Q. will train your staff on how to utilize electronic ordering methods through the pharmacy's computer system. Inventory I.Q. will also teach your staff on how to make smarter purchases from the pharmacy's wholesaler. BenefitsIncreased cash flow, increased probability to fill more prescriptions, reduce expired drugs, increase profit margins, reduce pharmacy stress, reduce owing medication, accurate inventory levels for taxes, increase your inventory turnover ratio, and train your staff on how to manage your inventory effectively.For additional information feel free to visit our website www.InventoryIQ.netor contact Wade personally.Wade HinkleInventory I.Q. LLC.1-800-253-2013Email: w.hinkle@inventoryiq.net -
PartnerHinkle Pharmacy Aug 2011 - Jan 2024
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Financial OfficerWest Medical Complex Aug 2011 - Jan 2018Building Manager, budget financials, manage tenants, project negotiator and book keeper.
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Financial OfficerHinkle Properties Aug 2011 - Jan 2018Scout new purchases, manage rental properties, manage tenants, budget financials, book keeper, and find potential renters.
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Chief Financial OfficerCollective Couture Feb 2012 - Dec 2013SEO specialist, online representative, book keeper, developed sales representative programs, directed owner on how to purchase and sell the company.
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ManagerAuburn Oyster Bar And Grill Jun 2010 - Feb 2011Head bartender, Floor Manager (+20 employes). Created deposits and ran daily operations while finishing up my senior year in college.
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Personal TrainerGold'S Gym 2009 - 2010Dallas, Texas, UsPersonalized training routines per customer. Trained clients in cross-fit, boxing, power lifting, dieting, and mixed running routines. Effectively trained two MMA fighters, one boxer, and a fashion model while completing my sophomore year in college. -
CashierHinkle Pharmacy Jan 2006 - Jul 2008Customer satisfaction and cash register duties
Wade Hinkle Skills
Wade Hinkle Education Details
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Auburn UniversityBusiness -
Hueytown HighschoolHigh School Diplmoa
Frequently Asked Questions about Wade Hinkle
What company does Wade Hinkle work for?
Wade Hinkle works for Pharmacy Marketplace
What is Wade Hinkle's role at the current company?
Wade Hinkle's current role is Creating software for pharmacy owners, by pharmacy owners..
What is Wade Hinkle's email address?
Wade Hinkle's email address is w.****@****yiq.net
What is Wade Hinkle's direct phone number?
Wade Hinkle's direct phone number is (800) 253*****
What schools did Wade Hinkle attend?
Wade Hinkle attended Auburn University, Hueytown Highschool.
What are some of Wade Hinkle's interests?
Wade Hinkle has interest in Football, Real Estate Investments, Pharmacy, Small Company Creation, Business Incubators, Independent Pharmacy, Affiliate Marketing, Growth Strategies, Soccer, Stock Market.
What skills is Wade Hinkle known for?
Wade Hinkle has skills like Healthcare, Pharmacy, Pharmaceutical Industry, Customer Service, Sales, Forecasting, Management, Financial Analysis, Pharmacy Automation, Community Pharmacy, Microsoft Excel, Finance.
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