Last week’s AHD Bulletin – Animal Health Digest Bulletin, July 3, 2024. Link. This edition contains links to archived content in the Worth a Glance section plus links to previous years’ full editions as well as topic tags. ===================================== How to cope with post-vacation blues Source: Harvard Business Review, July 9, 2024. Link. Feeling drained … [Read more...]
Get prepared, student loan payments resume in October
After a three-year pause on payments, repeated extensions and the rejection of President Biden’s debt cancellation plan by the Supreme Court, loan servicers and borrowers have a lot to do to prepare, writes Julia Carpenter. Loans started accruing interest again September 1st. Carpenter offers preparation guidance and options for consideration. Source: Wall Street Journal, … [Read more...]
Steak is getting more expensive. Here’s why.
Hamburgers and steaks, already near record-level prices, are set to get more expensive, writes Patrick Thomas, who shares the consequences of a shrinking cow herd and rising supply chain costs. When you’re talking about the ultimate price of beef to a consumer, the whole supply chain is under inflationary pressures. Every step along the way is more expensive.” - Tom Windish, … [Read more...]
Don’t leave home without the right amount of cards, cash and ID
Are wallets still necessary? As wallets get thinner, people are rethinking how much they still need to carry in cash, cards and identification. F. Martin Ramin queried financial advisers to get recommendations for what to carry. Carry at least two but no more than three credit cards, a small amount of cash, a government ID and a card with your phone number in case the wallet … [Read more...]
Pet owners feeling the sting of inflation
Commentary Inflation in the pet consumables markets has been in the news recently. The January Consumer Price Index shows the price of pet food is up 15 percent from last year with pet and pet product prices up 12 percent. We’re sharing these article that reference the inflation trends so animal health pros can help pet owners focus on their pets’ essential and urgent … [Read more...]
High debt load versus post-graduation salary ratios common to veterinarians, dentists and chiropractors
Rising student debt is doing more than harming individual borrowers, according to some professional associations and professors. It is also hurting the occupations the borrowers are entering. The Wall Street Journal’s analysis of nearly 500 programs classified as professional degrees found roughly 76 percent of professional programs left recent students with higher debt loads … [Read more...]
Worth a Glance – November 3, 2021
Last week’s. . . . . . most read post Beef upcycles well. It’s a great story we all can share. Link. . . . AHD Bulletin Animal Health Digest Bulletin - October 28, 2021. Link. Culling moose in Maine to control ticks Source: Wall Street Journal, November 1, 2021. Link to PDF. To save Maine’s moose population from being decimated by ticks, … [Read more...]
Dogfight over pet prescriptions AND a Bridge Club discussion
OPINION Market share is determined by where and WHY customers spend their dollars. Chewy’s investment into telemedicine and compounding is yet another event in the ethical versus OTC dynamics of the animal health supply business. An extension of the historic catalog business, online pet supply options increase convenience, avoid visits to the veterinary clinic and are … [Read more...]
Supply-chain contracts getting revamped after Covid-19 disruptions (includes video)
Buyers beware! It is likely the contract changes represented in this article will hit animal health companies at some point. We’re sharing excerpts from the article. Pandemic-driven strains in supply chains are triggering changes in contract terms between suppliers and their manufacturing and retail customers as companies try to address the risks and added costs brought on … [Read more...]
Worth a Glance – September 16, 2021
Last week’s . . . . . . most read AHD post History of the Bantam chicken. Link. . . . AHD Bulletin Animal Health Digest Bulletin - Sept 9, 2021. The traditional, local, American auto dealership getting a facelift Source: Wall Street Journal, September 11, 2021. Link. For nearly a century, the American car dealership has retained its iconic … [Read more...]
Omnichannel, asynchronous, decision support, home delivery terms of future pet business
Opinion Changes to the ways we live and work could mean years of extra business for pet supply stores, says Erich Schwartzel. His article prompts reflection on how we got here from an animal health supply and services standpoint. Source: The long tail of the pandemic puppy business, Wall Street Journal, March 26, 2021. Link. Petco, the animal-supply retailer, was a … [Read more...]
Covid-19: Here to stay
It is more evident Covid-19 is here to stay. It transmits easily, readily develops new strains and is as tough as flu, HIV and measles. Experts recommend we must realize that our lives will not be the same from now on, even with effective vaccines fully available and distributed worldwide. Quite literally, a new Covid-19 industry is developing to address the goods and services … [Read more...]
Rover’s expensive. Pandemonium pup costs are real.
Nearly half of all dog owners spend about $3,400 a year on their dogs, but dog ownership doesn’t have to be this expensive. Source: Wall Street Journal, January 22, 2021. Link. Here are ways real pet owners save on these items. Food Pet insurance Health care and meds Grooming Boarding … [Read more...]
Your pandemic meltdown has an upside if you allow it
If the least inconvenience or someone’s action sent you into an uncharacteristic fit, a bawl fest, a rant or even silence lately, you’ve probably experienced your version of a pandemic meltdown. Yet, meltdowns can have an upside. They let us release tension. Once it’s released, we can think more clearly because we’re not spending the energy to hold things together. The author … [Read more...]
What you wear while working matters
It’s true how you look affects how you work. Science backs it up. Researchers studying the links to what work clothes people wear, brain activity and productivity have found dressing up for work improves performance. They’re now paying attention to how this applies to Zoom-type meetings. Source: Wall Street Journal, September 20, 2020. Link. “Just putting on [formal] clothes … [Read more...]
Pandemic puppies can be pricey
Those impulse decisions to get a puppy during this Covid-19 pandemic can be costly if budgets aren’t set and stuck to. Adoption fees are just the beginning. From annual exams to insurance to spaying and neutering, costs add up. Wall Street Journal’s Amanda Burton offers realistic ownership costs to consider. Source: Wall Street Journal, May 22, 2020. Link. When all is said … [Read more...]
Dogs’ noses do more than sniff
Recent research at Lund University in Sweden suggests dogs live in an even richer sensory world than we expected. They can directly detect the warmth of a body from several feet away, and they do it with their cold, wet black noses that contain a set of nerves researchers believe to be responsible. It seems that the cool, black skin on a dog’s nose can absorb the tiny amount … [Read more...]
Petco versus PetSmart: no clear winner in big box dog fight
The pet business is one of retail’s long-term bright spots. But the dynamics of alternate sourcing, internet sales and aggressive competition challenge two of the large big box retailers. Private-equity firms bought America’s two biggest pet-store owners within months of each other. One spent billions to boost its online business by acquiring the top internet pet … [Read more...]
Pet medical insurance is growing, group says
Whether as a member of a veterinary team or as a pet owner, pet insurance is becoming a more prevalent consideration in managing both life quality and financial risk when owning a pet. The number of insured pets increased climbing to 1.83 million last year, up about 16% from the previous year. That’s only 1% of dogs and cats, but insurers expect the expansion to … [Read more...]
Don’t assume results speak for themselves.
While good results might be the price of admission, do not assume they are enough to get you recognized. This is where the skill of managing “up” in your organization is a necessary and effective to get you where you would like to go. Source: Wall Street Journal, April 10, 2018. Link. (Paywall. Also see: PDF of article. Link.) Employees also need to understand the boss’s … [Read more...]
Workplace rudeness is costly and takes toll on employees
Rudeness in the workplace can seem subtler than harassment or bullying. In fact, it may even seem routine. Mounting research, however, demonstrates that rudeness can harm employees’ well-being and work performance. If rudeness feels like a threat, it uses cognitive resources to focus attention on processing unpleasant interactions, according to Amir Erez, a management professor … [Read more...]