Rx Note

Introduction The advice presented in this post are solely based on my four-year experience in inventory management at my hospital. Hopefully, these will serve as some tips when you are new to inventory management. As the rule of thumb, we should practice FEFO principle (i.e. First Expiry First Out). When receiving new stocks, remember to compare the expiry date of new and existing stocks. Storing medications with different expiry date at different location to avoid confusion is a handy measure. This is because humans are forgetful . NOTE: For the details in inventory management in logistics pharmacy at government facilities, you may refer to Garis Panduan Pengurusan Farmasi Logistik Kementerian Kesihatan Malaysia, 2020 and Modul Latihan Farmasi Logistik, 2024 . Monthly Usage As the rule of thumb, when comes to inventory management, the decision should not be based on one's intuition. The important parameter that we should always refer to will be monthly usage. However, monthly ...

Introduction An inventory management is an organized approach designed to maintain just the right amount of pharmaceutical products in the pharmacy at all times. A key goal of inventory management is to maximize inventory turns while at the same time minimize inventory carrying costs (or holding costs). Products should be used and not remain on the shelf aging. Although drugs left on the shelf could be considered as financial assets, their useful shelf life wanes with each passing day and excessive inventory is an unproductive asset, tying up money and resources that can be used in running other elements of the pharmacy operation or business as a whole. A variety of inventory systems are used in pharmacy practice, ranging from simple to complex. Order Book When pharmacists or pharmacy technicians identify a product that need to be reordered, they simply write the item in the order book. The listed drugs are then ordered periodically from wholesalers or other suppliers. It is highly d...