drug store management and inventory control slideshare

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

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