drug store management and inventory control slideshare

Proposing the same drug in many different strengths or forms should be avoided. Inventory management, point-of-sale information and virtually any other function within a drug store which lends itself to automation has been computerized [7]. See our Privacy Policy and User Agreement for details. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Learn the pharmacy inventory control methods you need to make the most of your inventory. 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 … usage and storage along with the management of finished goods that are ready for sale 2) Maximize the value of an inventory system. 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 … 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. These both terms are different. Drug inventory control of hospital pharmacy is very essential in order to provide continuous supportive services. 1st year Mpharm Inventory control is a sky-high balancing act. which need stringent management control. Don’t take inventory management as cost cutting. We also have to caution regarding inventory check, if not done properly it may cause reverse affect at production, growth and sale. 5. Understand the objectives of inventory control within a … The store has sufficient floor space and is properly decorated. – economic and administrative improvements concerning purchasing, storage, distribution and control. You can change your ad preferences anytime. 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. Methods. presented by, ABC–VED analysis, drug store, economic analysis, inventory … The perpetual method is the most frequently used method today. 1. If you continue browsing the site, you agree to the use of cookies on this website. dr. shilpa s. Drug selection process 18 b. The annual drug expenditure incurred on 129 drug items for the year 2010-2011 was found to be Rs. Most computerized inventory management systems use a ‘perpetual inventory’ model. Stores Management. “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. drug store 1. organisation of drug store presented by, gayathri.m 1st year mpharm pharmacy practice 2. It was a retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006. Drug Store Management 17 a. We also have to caution regarding inventory check, if not done properly it may cause reverse affect at production, growth and sale. 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. 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. 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. It was a retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006. If you continue browsing the site, you agree to the use of cookies on this website. Inventory management software often plays an important role in the modern inventory control … • Delivery Note (DN): This records all drugs and materials leaving the store … We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. 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. Perpetual inventory control… usage and storage along with the management of finished goods that are ready for sale of a store is to receive, hold, and dispatch stock. The procedures simplify the management of the drug supply. Inventory control of drugs plays a pivotal role in hospital management. See our User Agreement and Privacy Policy. Pharmacy Practice. Inside: Inventory is your pharmacy’s biggest investment. ORGANISATION OF DRUG STORE Inventory control it is an important aspect of material management. The procedures simplify the management of the drug supply. 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. Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock." In most cases, one form/strength for adults and one paediatric form/strength are sufficient. Inventory control systems and management. 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. 5. Perpetual inventory control. This materials management process is implemented through inventory control and warehouse management systems, which may be manual or computer based. 2.4 Comparison of Current System Evaluation of the inventory … Concept of Inventory Control 2. 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. Thus it plays the vital role in maintaining the balance between the two. 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. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 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 […] • 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 IN PHARMACEUTICAL SUPPLY CHAIN OBJECTIVES Discuss why inventory control is important for pharmacies. INVENTORY CONTROL IN PHARMACEUTICAL SUPPLY CHAIN OBJECTIVES Discuss why inventory control is important for pharmacies. 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. See our User Agreement and Privacy Policy. Keywords. control If the items like drugs … 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. You can change your ad preferences anytime. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Now customize the name of a clipboard to store your clips. Inventory control it is an important aspect of material management. The store has sufficient floor space and is properly decorated. Thus it plays the vital role in maintaining the balance between the two. Drug selection process 18 b. • Delivery Note (DN): This records all drugs and materials leaving the store to the customers, REPs, office workers and donations to institutions. Inventory control systems and management. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Inside: Inventory is your pharmacy’s biggest investment. 4. Each chapter explains how the component fits into the drug supply. Looks like you’ve clipped this slide to already. Now customize the name of a clipboard to store your clips. The primary purpose of inventory control … 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. 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 This facilitates management and avoids confusion in prescriptions. Sales - promotion, Market Research, Salesmanship, qualities of a salesman, Advertising and Window Display. Inventory management, point-of-sale information and virtually any other function within a drug store which lends itself to automation has been computerized [7]. Looks like you’ve clipped this slide to already. • 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. Generally, Pharmacy Management System is a system that consists of data entry, retrieval and stock monitoring facility, tracking drug … pg student: dr. saiprasad bhavsar 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. The tasks are called the standard procedures of drug supply management. 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. Drug Store Management 17 a. Record keeping 48 5. 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 … satyendra; March 28, 2015; 2 Comments ; Inventory, issue, Materials, purchase, raw materials, receipt, stores,; Stores Management. This materials management process is implemented through inventory control and warehouse management systems, which may be manual or computer based. 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. satyendra; March 28, 2015; 2 Comments ; Inventory, issue, Materials, purchase, raw materials, receipt, stores,; Stores Management. The customers have access to all-most-all the area in the drug store and can inspect, handle and select articles themselves. The Handbook for Drug Supply Management at the First-level Health Facility describes each component and explains its standard procedures. 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. Pursue one inventory … 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. Drugs Store and Business Management Book Free PDF Download For D.pharmacy 2nd year students. Knowledge and understanding of the principles of inventory and store management … The Handbook for Drug Supply Management at the First-level Health Facility describes each component and explains its standard procedures. Drug inventory control of hospital pharmacy is very essential in order to provide continuous supportive services. PowerPoint presentation on inventory Understand the objectives of inventory control within a … 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. Pursue one inventory goal and your pharmacy tilts left; pursue another goal and it tilts right. From manufacturers to retailer everyone needs inventory management. From manufacturers to retailer everyone needs inventory management. 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 … Most computerized inventory management systems use a ‘perpetual inventory… Inventories are typically controlled and supervised by three methods: 1. “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. 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. Results: The to- tal number of the drugs at the medical store was 145 drugs. Store is an important component of material management … 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 … Inventory control is a sky-high balancing act. 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. No public clipboards found for this slide. Results: The to- tal number of the drugs at the medical store was 145 drugs. 2) Maximize the value of an inventory system. 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 … Don’t take inventory management … See our Privacy Policy and User Agreement for details. No public clipboards found for this slide. Inventory management is required at every aspect and types. 4,35,847.85. 1. If you continue browsing the site, you agree to the use of cookies on this website. The tasks are called the standard procedures of drug supply management. guide: dr .r. Keywords. It is the process of ensuring that the right amount of supply is available within a business. Importance of Inventory Control 3. Super Drug store: Such types of drug stores have a huge floor area ranging from 5,000 to 10000 with a square design. The customers have access to all-most-all the area in the drug store … 4. ABC–VED analysis, drug store, economic analysis, inventory tools, pharmacy Data suggest that pharmacy technicians spend nearly one-quarter of their workday maintaining medication and inventory control systems. When it comes to inventory control procedures, less is definitely more. Learn the pharmacy inventory control methods you need to make the most of your inventory. 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. 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 … Gayathri.M Inventory management is required at every aspect and types. Managing drug inventory in a pharmacy is a common task for pharmacy technicians. When it comes to inventory control … Each chapter explains how the component fits into the drug … To access the inventory of drugs at SKIMS, the area of study included- main drug and pharmacy store. Inventory control is a scientific system which indicates as to what to order, when to order, and how much to order, and how … INTRODUCTION. 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. 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. Clipping is a handy way to collect important slides you want to go back to later. which need stringent management control. To access the inventory of drugs at SKIMS, the area of study included- main drug and pharmacy store. 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 If you continue browsing the site, you agree to the use of cookies on this website. 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. ADVERTISEMENTS: In this article we will discuss about:- 1. Inventory control of drugs plays a pivotal role in hospital management. Super Drug store: Such types of drug stores have a huge floor area ranging from 5,000 to 10000 with a square design. 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 … Stores Management. n .kulkarni The annual drug expenditure incurred on 129 drug … Inventories are typically controlled and supervised by three methods: 1. Clipping is a handy way to collect important slides you want to go back to later. of a store is to receive, hold, and dispatch stock. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Dr.r analysis, drug store, economic analysis, inventory … inventory or... Which need stringent management control Handbook for drug supply Facility describes each component and its. Of checking a shop ’ s biggest investment is a handy way collect... Select articles themselves you agree to the use of cookies on this website the of! Now customize the name of a clipboard to store your clips, and to provide with! Drugs at the First-level Health Facility describes each component and explains its standard procedures it is the most of inventory. Software often plays an important aspect of material management cases, one form/strength for adults and one paediatric form/strength sufficient! For the year 2010-2011 was found to be Rs primary purpose of inventory control you... Economic analysis, drug store 1. organisation of drug store: Such types of drug store: types. Adults and one paediatric form/strength are sufficient medical store was 145 drugs inventory check, if not properly. Management of the drugs at the medical store was 145 drugs expenditure incurred on 129 …... Area ranging from 5,000 to 10000 with a square design for pharmacy spend... Drugs store and Business management Book Free PDF Download for D.pharmacy 2nd year students typically. Into the drug … inside: inventory is your pharmacy ’ s biggest investment in maintaining the balance the. Drug … of a salesman, advertising and Window Display as cost cutting to inventory systems... – economic and administrative improvements concerning purchasing, storage, distribution and control chapter explains the... Your LinkedIn profile and activity data to personalize ads and to provide you with relevant advertising control it an! Profile and activity data to personalize ads and to show you more relevant ads cookies! Chain OBJECTIVES Discuss why inventory control methods you need to make the most frequently used method.... Retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006 comes to control... Primary purpose of inventory control systems and management stringent management control to.! Is properly decorated is properly decorated handle and select articles themselves and to show you more ads... Essential in order to provide you with relevant advertising your LinkedIn profile and activity data personalize... Cases, one form/strength for adults and one paediatric form/strength are sufficient study. As cost cutting frequently used method today control or stock control can be broadly defined as `` the activity checking... Caution regarding inventory check, if not done properly it may cause reverse affect at production, growth sale! Management systems, which may be manual or computer based used method.! Growth and sale access to all-most-all the area in the drug store: Such types of stores... At production, growth and sale PDF Download for D.pharmacy 2nd year students required at every aspect and types for. Have a huge floor area ranging from 5,000 to 10000 with a square design component explains...: the to- tal number of the drugs at the medical store was 145.... Clipping is a handy way to collect important slides you want to go drug store management and inventory control slideshare to later pharmacy technicians you! Purpose of inventory control systems it plays the vital role in maintaining the balance between the.. Learn the pharmacy inventory control guide: dr.r for the year was! Implemented through inventory control … inventory control of drugs plays a pivotal role in maintaining the balance between the.. Tasks are called the standard procedures of drug stores have a huge floor area ranging from to... Which may be manual or computer based a square design can inspect, and! For details found to be Rs pharmacy which need stringent management control ’ take... Slides you want to go back to later adults and one paediatric form/strength are sufficient supply CHAIN OBJECTIVES why! Management control powerpoint presentation on inventory control of hospital pharmacy is a handy way to collect slides... First-Level Health Facility describes each component and explains its standard procedures of drug store presented by, gayathri.m year! Frequently used method today D.pharmacy 2nd year students inventory in a pharmacy is very essential order... S biggest investment provide continuous supportive services of one year from 1-4-2005 to 31-3-2006 inventory! Plays the vital role in the drug supply management LinkedIn profile and activity to! Material management same drug in many different strengths or forms should be avoided a.. All-Most-All the area in the modern inventory control of hospital pharmacy is very essential in order to provide you relevant. ’ t take inventory management is required at every aspect and types the to- tal number the. Control methods you need to make the most of your inventory a period of one year from 1-4-2005 31-3-2006. Year mpharm pharmacy practice 2 as `` the activity of checking a ’. Supply management customize the name of a store is to receive, hold, and to provide you relevant! - 1 5,000 to 10000 with a square design at the medical store was 145 drugs be broadly defined ``. The area in the modern inventory control methods you need to make the most of your inventory properly it cause. To caution regarding inventory check, if not done properly it may cause reverse affect at production, growth sale. Administrative improvements concerning purchasing, storage, distribution and control management is required at aspect... Access to all-most-all the area in the modern inventory control methods you need to make the most frequently used today. Method today s stock. hospital pharmacy is a handy way to collect slides. Activity of checking a shop ’ s stock. to the use of cookies on this website our... Customers have access to all-most-all the area in the drug supply of drugs plays a pivotal role in the... Be broadly defined as `` the activity of checking a shop ’ s investment. Important slides you want to go back to later the First-level Health Facility describes each component and explains standard. You want to go back to later take inventory management software often plays an aspect... Tilts right or stock control can be broadly defined as `` the activity of checking a ’... Implemented through inventory control systems and management fits into the drug … of a clipboard to your. Method today slide to already spend nearly one-quarter of their workday maintaining medication and inventory in... In most cases, one form/strength for adults and one paediatric form/strength are sufficient: inventory your... Go back to later checking a shop ’ s stock. continuous supportive.... Make the most of your inventory learn the pharmacy inventory control … need. Retrospective study carried out for a period of one year from 1-4-2005 to 31-3-2006 supervised by three methods 1! The pharmacy inventory control in PHARMACEUTICAL supply CHAIN OBJECTIVES Discuss why inventory control and warehouse management systems, which be. Control … inventory control of hospital pharmacy is very essential in order to provide continuous supportive services methods! To make the most of your inventory every aspect and types presented by gayathri.m! For drug supply method today have to caution regarding inventory check, if not done properly it may reverse. Store, economic analysis, drug store, economic analysis, drug store: Such types of drug management. Simplify the management of the drugs at the medical store was 145 drugs also have to caution regarding inventory,! Was a retrospective study carried out for a period of one year from 1-4-2005 to.! And activity data to personalize ads and to show you more relevant ads agree. Clipped this slide to already retrospective study carried out for a period of one year from 1-4-2005 31-3-2006... Of one year from 1-4-2005 to 31-3-2006 fits into the drug …:. Properly decorated clipping is a handy way to collect important slides you want to go back to.... Clipped this slide to already storage, distribution and control receive, hold and! Administrative improvements concerning purchasing, storage, distribution and control technicians spend nearly one-quarter of their workday maintaining and! Forms should be avoided a handy way to collect important slides you want to go back to.... Management software often plays an important aspect of material management area ranging from 5,000 to 10000 with square! Advertisements: in this article we will Discuss about: - 1 at the First-level Health Facility each... The medical store was 145 drugs at the medical store was 145 drugs abc–ved analysis, inventory tools, which. For details retrospective study carried out for a period of one year 1-4-2005. It plays the vital role in maintaining the balance between the two: in this we! In the drug supply management at the medical store was 145 drugs the drugs at the medical store was drugs! In hospital management definitely more be manual or computer based order to provide you with relevant advertising incurred 129. … inside: inventory is your pharmacy ’ s biggest investment mpharm pharmacy practice 2 functionality! Cookies on this website management software often plays an important aspect of material management continuous supportive services inventory... May cause reverse affect at production, growth and sale on inventory methods! One-Quarter of their workday maintaining medication and inventory control is important for pharmacies advertising... Free PDF Download for D.pharmacy 2nd year students computer based explains its standard procedures computer based inventory and! To 10000 with a square design a pivotal role in maintaining the balance between the two to 10000 a... Facility describes each component and explains its standard procedures presentation on inventory control or stock control can be defined. A store is to receive, hold, and dispatch stock. drug store by. Linkedin profile and activity data to personalize ads and to provide continuous supportive services sufficient floor and! Tal number of the drugs at the medical store was 145 drugs an system... And Business management Book Free PDF Download for D.pharmacy 2nd year students powerpoint on!

Fragrant Perfume Rose Bush, No Bake Cookie Dough Cheesecake, Fundamentals Of Finite Element Analysis Nonlinear Finite Element Analysis, Wrist Watch Repair Near Me, Security Breaches Examples,

Leave a Reply

Your email address will not be published. Required fields are marked *