Inventory Management

Inventory Management is one of the keys to a successful charitable pharmacy. Devolving and maintaining inventory processes will allow the pharmacy to maximize the use of limited resources and to serve patients to the best of their ability.

This chapter will cover concepts that may be considered when developing and managing an inventory including: developing a formulary, sourcing medications which may include donated medications, prescription assistance programs, developing standing orders for therapeutic substitution, proper drug disposal, computer systems, and routine inventory management tactics.