Community Pharmacy Inventory Management Policy and Procedures Review
Explore the significance of inventory management in community pharmacy practice, focusing on a new initiative in Saudi Arabia. This research delves into the policies and procedures surrounding pharmacy inventory management, highlighting its crucial role in ensuring efficient and patient-centric services.
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Presentation Transcript
Community Pharmacy Policy and Procedures: The Inventory Management System Yousef Ahmed Alomi, Abeer Hussin Almasoudi, Sultan Suliman Alharbi, Hamidah Qasim Abushomi, Mohammed Lafi Alkordi
ABSTRACT ABSTRACT: : Objectives Objectives: : This research, which focuses on the Inventory Management policy in community pharmacy practice, particularly as a new and significant initiative in Saudi Arabia, is of paramount importance. It aims to inform and raise awareness about the crucial role of inventory management in community pharmacy comprehensive narrative review of the community pharmacy Inventory management policy. The research involved thorough and extensive literature searches in databases such as PubMed, Medline, and Google Scholar, covering specific Inventory management policies and procedures in pharmacy practice. The search period spanned from the 1960s until October 2024, and the terms used were in English and included narrative review, systemic review, meta-analysis, and guidelines. All hospital or community pharmacy services and national and international guidelines for general inventory management in hospital practice were included in the search term. The pharmacy inventory management committee was formulated and consisted of various expert members, including community pharmacists, clinical pharmacist pharmacists, and Inventory management pharmacist specialists. The guidelines of the policy draft by one member and the second member were reviewed and corrected. The inventory management specialist did the third revision. The topic is Pharmacy Inventory Management Policy and Procedures. practice. Methods Methods: : This was a
ABSTRACT: ABSTRACT: Results Results: : The Community Pharmacy Inventory management policy consisted of various items. That has included preparing a medication budget and Saudi formulary, short expiration medication system, pharmacy inventory management, financial planning, the risk management system of inventory management systems, fast-moving items, slow-moving items, prescription medication, over-the-counter medications, medication devices, and cosmetics products. Conclusion Conclusion: : The community pharmacy inventory management policy is not just a new initiative but a practical and crucial administrative service that ensures the availability of medication and devices for patients. Its practicality reassures pharmacists and patients about its successful implementation, promising a more efficient and patient- centric pharmacy practice in Saudi Arabia.
Key Words : Key Words : Inventory management, Policy, Pharmacy, Competency, Saudi Arabia.
CONCLUSION: CONCLUSION: Inventory management is not just a task but a weighty responsibility of a community pharmacy. The availability of medication in stock and the point-of-sale system directly depends on the effectiveness of inventory control and management systems. These systems, which help pharmacists order products and set prices, are instrumental in identifying fast- and slow-moving inventory, thereby ensuring the . uninterrupted supply of medication and other services Furthermore, the inventory management system ensures that specific medications and materials are stored under the required conditions from the manufacturer to the community pharmacy. Most inventory management systems are automated and computerized. Therefore, these systems are in high demand to establish policies and procedures to avoid overstocking and understocking community pharmacy medication and related products.
