Pharmacy inventory

automation project
A B D E L L A H O UA L I M 1 9 5 1 4 7
O M A R TA H A 2 0 1 8 1 1
S H A DY O SA M A 2 0 2 4 3 7
Agenda
• Problem
• Objectives
• The project value
• AI integration
• Project management tools and their application
The problem
The primary problem in
pharmacy inventory management
lies in balancing the need to
maintain sufficient stock to meet
patient demands while avoiding
overstocking, which can lead to
increased costs and waste due to
expired drugs.
THE PROBLEM

• Manual Inventory Processes.

• Medication Expiry.
• Storage Constraints.
• Supply Chain Disruptions.
• Demand Prediction Challenges.
• Capital Tied in Inventory.
OBJECTIVES

• Inventory Optimization.
• Real-Time Stock Monitoring.
• Accurate Demand Forecasting.
• Adaptive Storage Solutions.
• Automated Reordering.
• Financial Efficiency.
• Supply Chain Integration.
 THE PHARMACY INVENTORY
AUTOMATION PROJECT VALUE
• Considering the initial investment =$250 000.
• The payback period is estimated to be 2.5 years.
• 10%<ROI<20% within 5 years. $402,627.50
• The annual revenue($100000) is estimated to increase by 5%.

Future Value=Initial Investment×(1+Rate)^Time

Alternative:
• Bank investment with a 7% interest rate
After 5 years: $350,637.50
AI INTEGRATION

• Predictive and descriptive analysis.

• Real-time monitoring (smart shelves).
• Regression and classification algorithms.
PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
Mind map
PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
WBS
PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
Responsibility matrix
 PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
Network diagram

Critical path: B, G, I, J, K, M, N, O, T, V, W.
PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
Gantt chart
PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
Resource histogram
PROJECT MANAGEMENT TOOLS
AND THEIR APPLICATION
Cost performance and control

Cost performance index (CPI)

if the project is 50% complete but over budget by 20%, the actual
cost would be:
$250,000×50%×120%=$150,000$250,000×50%×120%=$150,00
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