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Inventory Management For Pharmacists
Inventory Management For Pharmacists
Inventory Management For Pharmacists
Technician
4 Contact Hours
By Katie Ingersoll, RPh, PharmD, and Staff Pharmacist for a national chain
continuing pharmaceutical
Author Disclosure: Katie Ingersoll and Elite Professional Education, To Obtain Credit: A minimum education. This program is
test score of 70 percent is approved for 4 hours (0.4 CEUs)
needed to obtain a credit. Please of continuing pharmacy
LLC do not have any actual or potential conflicts of interest in education credit. Proof of
relation to this lesson. submit your answers either by
mail, fax, or online at
PharmacyTech.EliteCME.com.
Universal Activity Number (UAN): 0761-9999-15-163-H04-T
participation will be posted to
Questions regarding statements of your NABP CPE profile within
Activity Type: Knowledge-based credit and other customer service 4 to 6 weeks to participants who
issues should be directed to 1-888- have successfully completed the
Initial Release Date: June 1, 2015 666-9053. This lesson is $17.00. post-test. Participants must
participate in the entire
Expiration Date: May 31, 2017 Educational Review Systems is presentation and complete the
accredited by the Accreditation course evaluation to receive
Council of Pharmacy Education continuing pharmacy education
Target Audience: Pharmacy Technicians in a community-based setting. (ACPE) as a provider of credit.
Learning objectives
application in considerations. new procedures for medications
After completing this continuing education managing products returning from bulk
program, the pharmacy technician should be inventory. as well medications that bottles into unit
Introductio as are outdated, dose packages
able to:
Discuss the n paying damaged, and the labeling
invoices recalled, or requirements for
Discuss the technology available to help process of and overstocked, repackaged
pharmacies manage inventory, including ordering Summarize
medication for a what to including medications.
computer systems, perpetual inventory the process of
do if an controlled
systems, and automatic dispensing systems. pharmacy, receiving
order is substances, and
including medication orders, Recall the
terminology incorrect when it is temperatures
including
Describe the automatic dispensing associated with or appropriate to required for
receiving regular
machines available to help pharmacies ordering, where damage destroy medication
orders,
manage their inventory, including how errors medications may d upon medications that storage at room
medications with
can occur with these machines. be obtained from, receipt. cannot be used. temperature as
special storage
automatic and conditions, well as
Recognize the concepts of availability, manual ordering controlled List five refrigeration and
expiration dates, and turnover rates, and their procedures, and substances, and Describe reasons for freezing.
special ordering the repackaging
of a on the restocking hospital. general will review
In the pharmacy environment, the needs of pharmacy. facilit in a retail Despite principles basic
inventory refers to all of the the patients a y, and pharmacy to the of inventory
medications and medical supplies pharmacy The level of can purchasing variety in pharmacy managemen
used in daily operation of a serves, and pharmacy range and responsibiinventory t
pharmacy. The management of careful technician from maintaining lity level managemen terminology
inventory comprises a large portion inventory involvement basic the and t remain the and
of the pharmacy technician’s managemen in inventory inventory of location- same. procedures
responsibilities. It is essential to t can also specific
management orderi all for the
ensure there is an adequate stock of increase the varies based medications considera This course pharmacy
ng and
medications and supplies to serve profitability for a tions, the technician.
Purpos e and goals of inven tory mana gement
carefully inventor ●● occurre stocks on Decreas maintainin cost icati
Ensuring there is manage y. Other Mini nce of to patient ing the g an s of ons
adequate stock of a reasons mizi unexpe decrea care. carryin inventory. orde fro
medications is only one pharmac include: ng cted se the g cost ●● ring m
of the many reasons to y’s the out-of- impact ●● of Lowering med who
lesalers. medicati asso age and ry. asing cy and organizatio prod est
ons and ●● ciate expirati total overall n by ucts cost
●● Ensuring minimal purchasi Preventi d on of ●● costs to health focusing with .
time is spent ordering ng tasks. ng costs with invento Decre the care on the
dam pharma purchasing low
Page 53 Pharm acyTech.Elit eCME.com
There are two main goals to keep in mind when managing an from or contract pricing with specific drug companies to
inventory for a pharmacy. The first is to ensure medications are decrease the cost of purchasing medications. The pharmacy
available when patients need them. The products that are regularly technician should make an effort to use preferred delivery systems to
kept in stock are based on the needs of the pharmacy and its try to keep acquisition costs as low as reasonably possible.
customers. While some rarely used, extremely expensive or
cumbersome products may be ordered in as needed, efforts should be Preventing profit loss is also a contributing factor to controlling
made to keep the medications used regularly in stock and available for medication costs. Properly managing stock by using medications
use – not outdated or damaged. before they expire and processing returns regularly can help keep
medication costs down.
The second goal of inventory management is to keep medication costs
at a minimum. Many pharmacies have preferred wholesalers to order
Inventory management computer systems
wholesaler’s computer passwords to use to access pharmacy technician should complete
system. This function can the system. This allows the computer regularly to ensure continued
Computer systems are used in
both hospital and retail allow the pharmacy staff to employer to prevent systems are operation of vital systems.
order medications directly unauthorized access to essential to
pharmacies to assist with the
through the wholesaler’s protected health the
maintenance of inventory as Checking reports for errors
well as processing website and check stock at the information and keep a continued after information is entered
prescription orders and wholesaler’s facility as well record of who performed function of into the computer system is
as look up specific each task in case an error the system.
maintaining patient files. an important step in making
information on the products occurs. Pharmacy staff Ensuring the sure information is recorded
the wholesaler carries. should protect their computers correctly. A simple data entry
usernames and passwords are clean and
error, such as missing a zero
Wholesalers often have and avoid giving them out free of dust
Users of pharmacy computer or a decimal point, could
computer programs that they systems are generally limited to
to unauthorized individuals. or moisture
result in severely incorrect
allow pharmacies to use to pharmacy staff members, who is a task the information.
access information in the are given usernames and Backup and maintenance of pharmacy
Perpetual inventory syste ms
for the the computer filled track turnover levels are When a entry also may be
Most pharmacies prescription is system. and rates, predict low. These medication stock used to help
use a removed from gener future drug needs, points can level in the maintain a
computerized the inventory to There are several ate notify pharmacy be set in theperpetual perpetual
perpetual ensure the tools used in the autom staff when computer inventory system inventory in a
inventory system quantity on hand management of a ated possible system for is reduced to the pharmacy. These
to maintain the in the computer perpetual and each pre-set minimum portable devices
stock of manua level, the
is always current. inventory system. errors are medication, allow the user to
medications in the l computer system
Deliveries and The inventory is detected, and which walk around the
pharmacy. A reports can
returns are also generally to
even order more allows the automatically pharmacy and
perpetual recorded, often managed through medication user to set a order enough scan the barcode
inventory system allow
automatically, as a computerized pharm based on set maximum medication to or enter the ID
is a method of they occur. inventory reorder points. amount of reach the number for a
management acy
recording the medication maximum level medication that
quantity of a system (although staff to
Federal law Schedule II analyz In a perpetual that the again. This needs to be
particular e and pharmacy allows for a ordered. These
requires the use of controlled inventory
medication this inventory substances are monito system, many would like simplified devices can also
continuously as r the
system for required to be pharmacies use to have at ordering be used for
prescriptions Schedule II managed on paper invent reorder points, orany point in system and updating on-hand
are filled. After controlled ory. In time and a decreased quantities as well
as well). The periodic
each substances, but computer system genera minimum workload for the as performing
automatic
prescription is using this system is designed to l, the level that pharmacy other functions,
compu replacement
filled and for all medications automatically
(PAR) levels, to should be technician. such as recalls or
dispensed to ensures an update on-hand ter automatically maintained outdates.
the patient, the accurate quantities as system
order more at all times.
amount of reflection of the prescriptions are can Handheld
current stock in often medication when
medication used devices for order
Automati c dis pensing syste ms
to help community tha ured that can them in automatic pharmacy that have machines
pharmacie and hospital t through for print prescriptio dispensing technicia these can be very
There are
s fill setting. pill counting to labels, n vials. systems is n’s elaborate
many
prescriptio They range s elaborate count an responsib machines. and require
different important ilities in Because a lot of
machines ns in both from simple are robotic pills, Maintenanc
the machines po machines and put part of the facilities the user input
available e of
to work many can occur. dep nt should safety the properly , and ensure are
correctly, different The art have a plan to machines filled and technicia these followed
there are ways errors pharmacy me written ensure are maintained ns should regulations closely.
2
Ther
e are
seve
ral
diffe
rent
type
s of
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ns
that
need
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plete
d
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mac
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ntor
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and
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mus
t be
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icatih se th
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P
a
specific pharmacy. All on the processing of expired,
medication the patient receives recalled, or damaged medications.
must be used up before the They take these products back from
expiration date occurs, and because pharmacies and complete the
many patients get 90-day supplies necessary paperwork required by
of their medications, the expiration each manufacturer to receive credit
date must be at least three months for returned items. Then they
away for these patients. The
pharmacy technician should ensure
this task is done regularly to
maintain the safety and
effectiveness of products in the
pharmacy’s inventory.
a e m di at n ul packa
Storg of e c io sB k ging
ac st ttle uir an s a dr C) an e
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in iv . eli D ug r io e name of re
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eform, a la i
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U eacturern vn i
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P ar m ac y ech.E l
●● A registered pharmacist
must verify all medications for
accuracy and completeness.
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Inventory Management for the Pharmacy Technician
Choose the best answer for questions 1 through 5 and mark your answers online at
PharmacyTech.EliteCME.com.
a technician should
Which of the following is NOT a take when receiving a Class I recall.
purpose of inventory management? medication delivery?
Minimizing the occurrence of Verify that the quantity of
Class II recall.
unexpected out-of-stocks to decrease the boxes or totes delivered
impact on patient care. matches the expected
Preventing costs associated with damage quantity of packages. Class III recall.
and expiration of inventory. Each product shipped
Decreasing total costs to the pharmacy should be matched up Class IV recall.
and overall health care organization by with the invoice to verify
focusing on purchasing products with that the quantity, strength, Which of the following
the lowest cost. package size, and number
of units match what was are trays of medication
ordered. that are used when
Increasing costs and thus boosting
income by ordering medications from patient’s medical
wholesalers. The invoice should be
signed and dated. condition is rapidly
decompensating, such as
Which of the following forms does the when the patient’s heart
DEA require pharmacies to use to order Invoices must be paid stops or they stop
Schedule II controlled substances? according to the breathing?
Form 222. accounting procedures of
the facility.
Code or crash carts.
Form 41.
Which of the following
recall levels occurs when Automated dispensing
Form 72. medications are recalled systems.
because they may cause
Form 333. serious harm to a patient’s Baker Cells®.
health, potentially
Which of the following is the first stepincluding death? Kirby Lester®
RPTF
L04I
ME14
PharmacyTech.EliteCME.co
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