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Buffer Stock Inventory Control Mechanism: An Approach of Minimizing the Buffer Stock Level Through Segmentation at a Tertiary Care Rural Hospital.
Cureus
August 2024
Department of Hospital and Healthcare Management, Symbiosis Institute of Health Sciences, Pune, IND.
Background Efficient management of hospital inventories, particularly pharmaceuticals, is essential for ensuring timely patient care and optimizing resource allocation. Buffer stock is the backup stock, which is kept for providing a supply of drugs when the main stock is consumed and new stock is in the process of procurement. The buffer stock is sometimes kept in excess, which causes unnecessary overutilization of the financial resources.
View Article and Find Full Text PDFInventory Control Mechanism of the Pharmacy Store of a Recently Established National Institute in Eastern India: A Cross-Sectional, Investigative Analysis.
Cureus
November 2023
Anesthesiology and Critical Care, All India Institute of Medical Sciences, Deoghar, Deoghar, IND.
Background New establishments frequently face challenges. Pharmacy is integral to healthcare delivery institutes, and inventory management is crucial. The present study investigated the problems faced by the pharmacy of a newly established health institute and proposed relevant solutions to identify drugs needing stringent management control.
View Article and Find Full Text PDFAssessment of Knowledge, Practices, and Challenges of Pharmaceuticals Inventory Control Among Pharmacy Professionals Working in Selected Public Health Facilities of West Arsi Zone, Oromia, Ethiopia.
Health Serv Insights
January 2022
Pharmaceutical Supply Chain Management Department, School of Pharmacy, Institute of Health, Jimma University, Jimma, Ethiopia.
Background: Good pharmaceutical inventory control enables health facilities (HFs) to provide complete health care by ensuring the availability of safe, effective, and affordable pharmaceuticals and related supplies of the required quality, inadequate quantity, at the required place and at all times. It boosts patients' trust in the HFs and motivates working staff. However, it needs well-trained and skilled professionals.
View Article and Find Full Text PDFHow is Information from ABC-VED-FNS Matrix Analysis Used to Improve Operational Efficiency of Pharmaceuticals Inventory Management? A Cross-Sectional Case Analysis.
Integr Pharm Res Pract
June 2021
Department of Social and Administrative Pharmacy, School of Pharmacy, Institute of Health, Jimma University, Jimma, Ethiopia.
Purpose: The categorization of inventories using various techniques optimizes the efficiency of warehouse operations. The ABC (always, better, and control); VED (vital, essential, and desirable); and FNS (fast-, normal-, and slow-moving) analyses provide items according to cost significance, criticality value, and consumption rate respectively. Thus, this study aimed to identify the categories of items requiring focused managerial control, priority, and replenishment intervals, as well as to evaluate whether the ABC-VED-FNS matrix is fit for effective and efficient inventory control of the Ethiopian Pharmaceutical Supply Agency (EPSA).
View Article and Find Full Text PDFABC, VED and lead time analysis in the surgical store of a public sector tertiary care hospital in Delhi.
Indian J Public Health
March 2020
Professor, Department of Hospital Administration, All India Institute of Medical Sciences, New Delhi, India.
Background: An efficient inventory control system would help optimize the use of resources and eventually help improve patient care.
Objectives: The study aimed to find out the surgical consumables using always, better, and control (ABC) and vital, essential, and desirable (VED) technique as well as calculating the lead time of specific category A and vital surgical consumables.
Methods: This was a descriptive, record-based study conducted from January to March 2016 in the surgical stores of the All India Institute of Medical Sciences, New Delhi.
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