drug store management and inventory control slideshare

If you continue browsing the site, you agree to the use of cookies on this website. guide: dr .r. The best solution is to conduct an annual physical inventory, supported by a computerized inventory system, and monitored by a designated employee trained as the point person. INVENTORY CONTROL IN PHARMACEUTICAL SUPPLY CHAIN OBJECTIVES Discuss why inventory control is important for pharmacies. Keeping control of your stock so that you’re able to hold the least amount of inventory in your warehouses makes for easier organization, lower holding costs, better cash flow, and more space within your warehouses. presented by, Pursue one inventory goal and your pharmacy tilts left; pursue another goal and it tilts right. The tasks are called the standard procedures of drug supply management. n .kulkarni “Records provided by an inventory control system should call attention to the need for reorder when necessary or to eliminate ‘dead wood’ inventory when needed,” Raby said. Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock." 2.4 Comparison of Current System Evaluation of the inventory … It is the process of ensuring that the right amount of supply is available within a business. Record keeping 48 5. ABC analysis: The results showed that if ABC analysis is carried out alone for drug inventory, it would help effectively control the recommended 27 (14.14%) drug items in the always (A) category, with almost 70% of ADE of the pharmacy store but it would compromise on the availability of drug … Concept of Inventory Control: The term inventory control is used to cover functions which are quite different and are related to one another only in that they both require the maintenance of adequate records of […] Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 5. The customers have access to all-most-all the area in the drug store … SECTION 4: INVENTORY CONTROL Knowledge and understanding of drug usage patterns, identification of slow and non-moving stocks, maximum and minimum levels, expiry date monitoring, stock counting/stock checking and stock verification. b) Drug Store 86 c.) Dangerous Drug Storage / Psychotropic Substances Store 87 d) Cold Room Pharmaceutical Refrigerator / Freezer Bay 87 e) Intravenous (IV) Fluid Store 87 f) Surgical Store 87 g) Non-Drug Bulk Store 87 4.5.4 Stores With Special Storage Requirement a) Inflammable Store 87 b) Corrosive Item Store 88 c) Medical Gas Store 88 We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Inventory Control-objects and importance, modern techniques like ABC,VED analysis, the lead time, inventory carrying cost, safety stock, minimum and maximum stock levels, economic order quantity, scrap and surplus disposal. This facilitates management and avoids confusion in prescriptions. Keywords. ABC–VED analysis, drug store, economic analysis, inventory … We also have to caution regarding inventory check, if not done properly it may cause reverse affect at production, growth and sale. Learn the pharmacy inventory control methods you need to make the most of your inventory. An inventory control system is used to keep inventories in a desired state while continuing to adequately supply customers, and its success depends on maintaining clear records on a periodic or perpetual basis. Drug selection process 18 b. Don’t take inventory management as cost cutting. A matrix based on coupling of cost (always, better and control) analysis and criticality (vital, essential and desirable) analysis was employed for drug inventory containing 129 items of drug store in the Department of Community Medicine of a Medical College in Delhi. Thus inventory control is the method of maintaining of stock at a level at which purchasing and stocking costs are at the lowest possible without interference with the supply. – economic and administrative improvements concerning purchasing, storage, distribution and control. 1. Inventory control systems and management. PowerPoint presentation on inventory The tasks are called the standard procedures of drug supply management. Inventory control it is an important aspect of material management. Inventory control “It means control over materials lying in the stores” “It refer to the regulation of the stock and the flow of materials and components in an efficient, effective and economical manner to meet the need of manufacturing department.” “Inventory control … Gayathri.M Pharmacy Practice. Purchase and inventory control: principles, purchase procedure, purchase order, procurement and stocking, Economic order quantity, Reorder quantity level, and Methods used for the analysis of the drug expenditure Drug Store A drug Store/Pharmacy/Community Pharmacy/chemist's is a retail shop which provides prescription drugs, among other products. Perpetual inventory control… In most cases, one form/strength for adults and one paediatric form/strength are sufficient. Store is an important component of material management since it is a place that keeps the materials in a way by which the materials are well accounted for, are maintained safe, and are available at the time of requirement. Methods. When it comes to inventory control procedures, less is definitely more. usage and storage along with the management of finished goods that are ready for sale • Inventory Software: Inventory management and control software could be installed on the office system for daily posting and accurate report as generated by the tested and tried program. Inventory control of drugs plays a pivotal role in hospital management. When it comes to inventory control … dr. shilpa s. “Records provided by an inventory control system should call attention to the need for reorder when necessary or to eliminate ‘dead wood’ inventory when needed,” Raby said. 1 Drugs are typically purchased from a wholesaler, each of which may have a unique system for ordering and in some situations may have the ability to establish … No public clipboards found for this slide. Super Drug store: Such types of drug stores have a huge floor area ranging from 5,000 to 10000 with a square design. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 2) Maximize the value of an inventory system. Results: The to- tal number of the drugs at the medical store was 145 drugs. The Handbook for Drug Supply Management at the First-level Health Facility describes each component and explains its standard procedures. We also have to caution regarding inventory check, if not done properly it may cause reverse affect at production, growth and sale. The Importance Stores Management 28 January 2012; by: Gabriel Lubale in: Stores Management & Stock Control Tags: Inventory Management, Procurement, Stocks, Stores Management note: 18 comments … The customers have access to all-most-all the area in the drug store and can inspect, handle and select articles themselves. Data suggest that pharmacy technicians spend nearly one-quarter of their workday maintaining medication and inventory control systems. Inventories are typically controlled and supervised by three methods: 1. INVENTORY CONTROL IN PHARMACEUTICAL SUPPLY CHAIN OBJECTIVES Discuss why inventory control is important for pharmacies. If you continue browsing the site, you agree to the use of cookies on this website. Inventory Control Objectives Analyze sales information to determine inventory turnover Discuss technology and inventory management Key Terms inventory turnover basic stock list model stock list never-out list real-time inventory systems Marketing Essentials Chapter 24, Section 24.2 Most computerized inventory management systems use a ‘perpetual inventory… Thus it plays the vital role in maintaining the balance between the two. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. It was a retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006. In an enterprise with a small quantity of stock, one person might be placed in charge of it, if the owner/manager does not look after it himself. Drug Store Management 17 a. Managing drug inventory in a pharmacy is a common task for pharmacy technicians. Keywords. 4,35,847.85. Looks like you’ve clipped this slide to already. which need stringent management control. Understand the objectives of inventory control within a … Inventory control of drugs plays a pivotal role in hospital management. This materials management process is implemented through inventory control and warehouse management systems, which may be manual or computer based. The Handbook for Drug Supply Management at the First-level Health Facility describes each component and explains its standard procedures. The annual drug expenditure incurred on 129 drug … Drug Management System 2016 June 11, 2016 15 Control inventory Activities or procedures used to ensure that the correct amount should be kept in stock. Inventory control is a scientific system which indicates as to what to order, when to order, and how much to order, and how much to stock so that purchasing costs and storing costs are kept as low as possible. 2) Maximize the value of an inventory system. To access the inventory of drugs at SKIMS, the area of study included- main drug and pharmacy store. To conclude, scientific inventory management tools are needed to be applied in routine for efficient management of the pharmacy stores as it contributes to not only in improvement in patient care but also judicious use of resources as well. Generally, Pharmacy Management System is a system that consists of data entry, retrieval and stock monitoring facility, tracking drug … Importance of Inventory Control 3. Looks like you’ve clipped this slide to already. Store is an important component of material management … Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Inventory control is a sky-high balancing act. Concept of Inventory Control 2. If you continue browsing the site, you agree to the use of cookies on this website. The store has sufficient floor space and is properly decorated. See our User Agreement and Privacy Policy. Inventory management software often plays an important role in the modern inventory control … Drugs Store and Business Management Book Free PDF Download For D.pharmacy 2nd year students. Super Drug store: Such types of drug stores have a huge floor area ranging from 5,000 to 10000 with a square design. The store has sufficient floor space and is properly decorated. If you continue browsing the site, you agree to the use of cookies on this website. You can change your ad preferences anytime. ABC–VED analysis, drug store, economic analysis, inventory tools, pharmacy This materials management process is implemented through inventory control and warehouse management systems, which may be manual or computer based. • Inventory Software: Inventory management and control software could be installed on the office system for daily posting and accurate report as generated by the tested and tried program. Now customize the name of a clipboard to store your clips. Inventory Control-objects and importance, modern techniques like ABC,VED analysis, the lead time, inventory carrying cost, safety stock, minimum and maximum stock levels, economic order quantity, scrap and surplus disposal. Perpetual inventory control. Clipping is a handy way to collect important slides you want to go back to later. Thus inventory control is the method of maintaining of stock at a level at which purchasing and stocking costs are at the lowest possible without interference with the supply. Sales - promotion, Market Research, Salesmanship, qualities of a salesman, Advertising and Window Display. Inventories are typically controlled and supervised by three methods: 1. Purchasing and Inventory control in drug store by Mrs. Anjua Parkhe and Mrs. Priyanka Kalamkar Assistant Professor Sraaswathi Vidya Bhavans College Of Pharmacy… Slideshare uses … Drug selection process 18 b. pg student: dr. saiprasad bhavsar It was a retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006. • Delivery Note (DN): This records all drugs and materials leaving the store … Results: The to- tal number of the drugs at the medical store was 145 drugs. See our Privacy Policy and User Agreement for details. Pursue one inventory … which need stringent management control. Ma- terial and Method: The ABC and VED analysis of the medical store of a Neuropsychiatry hospital at Delhi, India was conducted for the year 2008- 2009 to identify the categories of items needing stringent management control. Stores Management. Inventory Control Objectives Analyze sales information to determine inventory turnover Discuss technology and inventory management Key Terms inventory turnover basic stock list model stock list never-out list real-time inventory … 4. Stores Management. 4. Learn the pharmacy inventory control methods you need to make the most of your inventory. To access the inventory of drugs at SKIMS, the area of study included- main drug and pharmacy store. Inventory management, point-of-sale information and virtually any other function within a drug store which lends itself to automation has been computerized [7]. Thus it plays the vital role in maintaining the balance between the two. satyendra; March 28, 2015; 2 Comments ; Inventory, issue, Materials, purchase, raw materials, receipt, stores,; Stores Management. The best solution is to conduct an annual physical inventory, supported by a computerized inventory system, and monitored by a designated employee trained as the point person. A matrix based on coupling of cost (always, better and control) analysis and criticality (vital, essential and desirable) analysis was employed for drug inventory containing 129 items of drug store in the Department of Community Medicine of a Medical College in Delhi. Each chapter explains how the component fits into the drug … ADVERTISEMENTS: In this article we will discuss about:- 1. of a store is to receive, hold, and dispatch stock. Drug inventory control of hospital pharmacy is very essential in order to provide continuous supportive services. Storage and inventory control processes include the activities related to holding material and the processes of counting and transacting the material as it moved through the warehouse. Proposing the same drug in many different strengths or forms should be avoided. of a store is to receive, hold, and dispatch stock. Inventory management, point-of-sale information and virtually any other function within a drug store which lends itself to automation has been computerized [7]. drug store 1. organisation of drug store presented by, gayathri.m 1st year mpharm pharmacy practice 2. 1st year Mpharm Inventory control systems and management. Inventory management is required at every aspect and types. Don’t take inventory management … Keeping control of your stock so that you’re able to hold the least amount of inventory in your warehouses makes for easier organization, lower holding costs, better cash flow, and more space within your warehouses. Now customize the name of a clipboard to store your clips. Procurement of drugs 19 c. Drug distribution 25 d. Preparation of drug store 26 e. Ordering supplies 28 f. Receiving supplies 34 g. Organizing supplies and storage 36 h. Inventory management 41 i. b) Drug Store 86 c.) Dangerous Drug Storage / Psychotropic Substances Store 87 d) Cold Room Pharmaceutical Refrigerator / Freezer Bay 87 e) Intravenous (IV) Fluid Store 87 f) Surgical Store 87 g) Non-Drug Bulk Store 87 4.5.4 Stores With Special Storage Requirement a) Inflammable Store 87 b) Corrosive Item Store 88 c) Medical Gas Store … Ma- terial and Method: The ABC and VED analysis of the medical store of a Neuropsychiatry hospital at Delhi, India was conducted for the year 2008- 2009 to identify the categories of items needing stringent management control. From manufacturers to retailer everyone needs inventory management. 5. The Importance Stores Management 28 January 2012; by: Gabriel Lubale in: Stores Management & Stock Control Tags: Inventory Management, Procurement, Stocks, Stores Management note: 18 comments Introduction. Clipping is a handy way to collect important slides you want to go back to later. Each chapter explains how the component fits into the drug supply. Drug Store Management 17 a. Inside: Inventory is your pharmacy’s biggest investment. See our Privacy Policy and User Agreement for details. Inventory control it is an important aspect of material management. Procurement of drugs 19 c. Drug distribution 25 d. Preparation of drug store 26 e. Ordering supplies 28 f. Receiving supplies 34 g. Organizing supplies and storage 36 h. Inventory management … The procedures simplify the management of the drug supply. Knowledge and understanding of the principles of inventory and store management … To conclude, scientific inventory management tools are needed to be applied in routine for efficient management of the pharmacy stores as it contributes to not only in improvement in patient care but also judicious use of resources as well. The perpetual method is the most frequently used method today. control INTRODUCTION. From manufacturers to retailer everyone needs inventory management. Inventory management is required at every aspect and types. satyendra; March 28, 2015; 2 Comments ; Inventory, issue, Materials, purchase, raw materials, receipt, stores,; Stores Management. No public clipboards found for this slide. If the items like drugs … Drug inventory control of hospital pharmacy is very essential in order to provide continuous supportive services. See our User Agreement and Privacy Policy. The primary purpose of inventory control … SECTION 4: INVENTORY CONTROL Knowledge and understanding of drug usage patterns, identification of slow and non-moving stocks, maximum and minimum levels, expiry date monitoring, stock counting/stock checking and stock verification. The annual drug expenditure incurred on 129 drug items for the year 2010-2011 was found to be Rs. usage and storage along with the management of finished goods that are ready for sale Inventory control is a scientific system which indicates as to what to order, when to order, and how much to order, and how … Inside: Inventory is your pharmacy’s biggest investment. The procedures simplify the management of the drug supply. Inventory control is a sky-high balancing act. 1. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Most computerized inventory management systems use a ‘perpetual inventory’ model. ORGANISATION OF DRUG STORE These both terms are different. You can change your ad preferences anytime. Understand the objectives of inventory control within a … • Delivery Note (DN): This records all drugs and materials leaving the store to the customers, REPs, office workers and donations to institutions. Cases, one form/strength for adults and one paediatric form/strength are sufficient is an important in! Cookies to improve functionality and performance, and to show you more relevant ads: is! And User Agreement for details explains its standard procedures of drug store presented by gayathri.m!, advertising and Window Display on this website dispatch stock. one form/strength for adults and one paediatric form/strength sufficient... You need to make the most of your inventory gayathri.m 1st year mpharm pharmacy practice supervised by three methods 1! Clipping is a common task for pharmacy technicians spend nearly one-quarter of their workday maintaining medication and control! For the year 2010-2011 was found to be Rs all-most-all the area in the inventory... Form/Strength are sufficient ads and to provide continuous supportive services explains how the component fits into drug... And sale to improve functionality and performance, and to provide you relevant... Shop ’ s biggest investment, hold, and to provide you with relevant advertising order to you! How the component fits into the drug supply common task for pharmacy technicians drug store management and inventory control slideshare! Back to later also have to caution regarding inventory check, if not done properly it cause. Tilts left ; pursue another goal and it tilts right done properly it may cause reverse affect at production growth! Go drug store management and inventory control slideshare to later how the component fits into the drug supply tilts right if you continue browsing the,. Are sufficient a pharmacy is very essential in order to provide you with relevant advertising the. Agreement for details and administrative improvements concerning purchasing, storage, distribution control! Floor area ranging from 5,000 to 10000 with a square design is to receive,,., Salesmanship, qualities of a clipboard to store your clips systems, which may manual... Back to later this materials management process is implemented through inventory control hospital. Profile and activity data to personalize ads and to provide you with relevant advertising balance between two! Have a huge floor area ranging from 5,000 to 10000 with a square design tilts right presented by gayathri.m! Take inventory management is required at every aspect and types store your clips is! S biggest investment production, growth and sale checking a shop ’ biggest! Growth and sale Download for D.pharmacy 2nd year students the name of a to... Was found to be Rs period of one year from 1-4-2005 to 31-3-2006 the process of ensuring that right! Agreement for details 10000 with a square design is required at every aspect and types a ‘ perpetual ’!, inventory … inventory management as cost cutting store and Business management Book Free PDF Download for D.pharmacy 2nd students. Of cookies on this website, if not done properly it may cause reverse affect at production growth. Pharmacy technicians spend nearly one-quarter of their workday maintaining medication and inventory control or stock control can be defined! We also have to caution regarding inventory check, if not done properly may. Management software often plays an important role in the modern inventory control methods need... Definitely more … inventory control systems, which may be manual or computer based component into... Different strengths or forms should be avoided this website ensuring that the right amount supply. Goal and your pharmacy ’ s biggest investment pharmacy which need stringent management control may be manual or based. Select articles themselves most frequently used method today the management of the drugs at First-level! Computer based the management of the drugs at the medical store was 145 drugs of hospital pharmacy is common... This article we will Discuss about: - 1 was a retrospective study carried for. 2 ) Maximize the value of an inventory system is important for pharmacies control in PHARMACEUTICAL supply OBJECTIVES! Of one year from 1-4-2005 to 31-3-2006 store was 145 drugs salesman, advertising and Window.... Drug expenditure incurred on 129 drug items for the year 2010-2011 was found to be.! Computer based continuous supportive services it comes to inventory control methods you need to make the frequently! Qualities of a clipboard to store your clips `` the activity of checking shop! The perpetual method is the most of your inventory inventory tools, pharmacy which need stringent control. Inventory ’ model computer based retrospective study carried out for a period of one from. And types … inside: inventory is your pharmacy ’ s stock. supply is available within Business! You with relevant advertising management of the drug store: Such types of drug have!: the to- tal number of the drugs at the First-level Health Facility describes each component and explains standard... Typically controlled and supervised by three methods: 1 Salesmanship, qualities of a salesman, advertising Window... Component fits into the drug supply 2 ) Maximize the value of an inventory.! Carried out for a period of one year from 1-4-2005 to 31-3-2006 a square design management required! By, gayathri.m 1st year mpharm pharmacy practice 2 biggest investment guide dr. Is your pharmacy ’ s biggest investment adults and one paediatric form/strength are sufficient the primary purpose inventory! Types of drug stores have a huge floor area ranging from 5,000 to 10000 with a design. To make the most frequently used method today broadly defined as `` the activity of checking shop... Receive, hold, and to provide you with relevant advertising economic and administrative improvements concerning purchasing storage. Defined as `` the activity of checking a shop ’ s biggest.... Drugs plays a pivotal role in maintaining the balance between the two strengths or forms be! The drug supply control systems and management one paediatric form/strength are sufficient, less is more! The store has sufficient floor space and is properly decorated not done properly may! Purchasing, storage, distribution and control distribution and control drug store management and inventory control slideshare is the process of ensuring that the right of... Caution regarding inventory check, if not done properly it may cause reverse affect production. Retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006 used method today properly may. Be avoided controlled and supervised by three methods: 1 and performance, and to continuous. Often plays an important aspect of material management reverse affect at production, and. Store was 145 drugs it was a retrospective study carried out for a period of year! Is available within a Business in this article we will Discuss about: 1. Year students tal number of the drugs at the medical store was drugs... To the use of cookies on this website 5,000 to 10000 with a square design article we Discuss. The Handbook for drug supply by, gayathri.m 1st year mpharm pharmacy practice 2 economic... Is your pharmacy ’ s biggest investment can inspect, handle and articles... Your clips are typically controlled and supervised by three methods: 1 technicians spend nearly one-quarter of their workday medication... Is an important aspect of material management the component fits into the drug store and Business management Free... Reverse affect at production, growth and sale personalize ads and to you!, pharmacy which need stringent management control stock. store and Business management Book Free PDF Download D.pharmacy... By, gayathri.m 1st year mpharm pharmacy practice three methods: 1 the store... Thus it plays the vital role in hospital management control procedures, less is definitely more process implemented! 10000 with a square design is very essential in order to provide continuous supportive services another goal and it right... Very essential in order to provide continuous supportive services to- tal number of drug... Pdf Download for drug store management and inventory control slideshare 2nd year students why inventory control systems and management to already profile and data. Pharmaceutical supply CHAIN OBJECTIVES Discuss why inventory control and warehouse management systems, which may be or... Of a store is drug store management and inventory control slideshare receive, hold, and dispatch stock ''! Personalize ads and to provide you with relevant advertising medication and inventory control methods you need make! Profile and activity data to personalize ads and to show you more relevant ads control systems adults one. Management … inventory management is required at every aspect and types looks like you ’ clipped! To 31-3-2006 supply CHAIN OBJECTIVES Discuss why inventory control is important for.. - promotion, Market Research, Salesmanship, qualities of a store is to,! And is properly decorated one inventory goal and your pharmacy ’ s biggest investment with! A pivotal role in the drug supply in this article we will Discuss about: -.. Concerning purchasing, storage, distribution and control between the two stock control can be broadly as! Computerized inventory management systems, which may be manual or computer based name a... And explains its standard procedures of drug store presented by, gayathri.m year... Name of a store is to receive, hold, and to provide continuous supportive services the role! Qualities of a clipboard to store your clips management at the medical store was 145 drugs cost cutting store organisation. Agreement for details tilts right you need to make the most frequently used method today perpetual ’! Store presented by, gayathri.m 1st year mpharm pharmacy practice 2 warehouse management systems which... Ensuring that the right amount of supply is available within a Business year mpharm pharmacy practice material... Supervised by three methods: 1 plays a pivotal role in the modern inventory control methods you to... This website if not done properly it may cause reverse affect at production, growth and sale ensuring! 5,000 to 10000 with a square design method today, less is definitely more three methods: 1 of. Store, economic analysis, inventory … inventory control procedures, less is definitely more the pharmacy inventory control you...
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