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CT Drugstore

The document discusses implementing an inventory management system for a pharmacy to track drug stocks and expiration dates more accurately than a manual system. It outlines objectives like tracking drug movement, ensuring time-saving and easy-to-use software, and generating reports. It also reviews related studies on improving inventory strategies and an equipment inventory system that provided standardized data.

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Romar Medelo
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47 views

CT Drugstore

The document discusses implementing an inventory management system for a pharmacy to track drug stocks and expiration dates more accurately than a manual system. It outlines objectives like tracking drug movement, ensuring time-saving and easy-to-use software, and generating reports. It also reviews related studies on improving inventory strategies and an equipment inventory system that provided standardized data.

Uploaded by

Romar Medelo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 6

"Inventory Control System of

CT Drugstore"

Submitted by:

Submitted to:

Doc. GendaNecio, MIT


Chapter 1

Introduction
A pharmacy must put in place some sort of inventory control system for
accounting purposes and to maintain an accurate stock count. As the firm
expanded and succeeded, certain issues arose. One drawback of manual
inventory management is the need for constant observation to guarantee that
every transaction is recorded and that items are kept at the proper stock levels.
Employees occasionally may fail to document a transaction or may simply
count the number of items incorrectly. When pharmacists inadvertently swap
information, they may wind up with inconsistent information or handwritten
notes that impair client service. Answering questions from customers is
challenging since medication information is kept in several locations. Ignore the
stocks that are approaching a key price.When new batches of the medication
arrive at the pharmacy, the register is manually entered, and this process is
repeated whenever a patient is given the medication. The pharmacy staff must
manually create a list or report of the medications in the pharmacy at the end of
each month. This task is done to keep the pharmacy's necessary supplies
stocked. This type of task might result in an employee error and a serious issue.

Background
The healthcare business has seen substantial transformations in recent
years as a result of technological advances. Precision medicine, which tailors
medical therapy to the unique characteristics of each patient, has emerged as a
viable strategy to improving patient outcomes. Within this paradigm, pharmacy
management is critical to ensuring proper drug distribution and improving
patient care.
Objectives of the Study

General Objective:
Simplifying record keeping, accounting, and payroll is the primary
objective of the pharmacy management system.
Specific Objectives:
 To track drug mobility throughout the pharmacy in order to give the best
possible drug inventory management.
 To guarantee the system's time-saving and user-friendly nature.
 To print and produce bills for clients within a certain time frame, as well
as to make staff records, sales reports, stock reports, and customer
management conveniently accessible.
 in order to assess the proposed system's acceptability.

Documentation of the Existing and Seriousness of the Problem


The stocks, manufacturing date and expiration dates of the drugs that
needed to be monitored but it also done by a manual inspection and may lead
into a time efforts and consumable days. A pharmacy inventory management
system is a software system that automatically tracks medicine stocks, expired
items, drug deliveries, and e-prescriptions, thereby enhancing operational
productivity and multi-location support, as well as reducing the risk of
overstocking and missed opportunities. It monitors drug availability at every
point of your supply chain — from purchasing to dispensing to restocking, and
the cycle continues.
Scope and Delimitation
Scope
Inventory components:

 The system will handle pharmaceutical products, medical supplies, and


associated things in the drugstore.
Transaction Processing:
 The system will manage stock updates, sales, returns, and restocking.
User Access:

 The system will specify roles and permissions for inventory management
users, such as stock clerks, pharmacists, and managers.

Integration:

 Integration with other systems (for example, POS and ordering systems)
that have a direct influence on inventory levels.

Reporting:

 Create reports on stock levels, sales patterns, and product expiration


dates.

Delimitations
Geographic Limitations:

 The solution will concentrate on inventory management inside the


physical constraints of the pharmacy and may not solve inventory
concerns across numerous locations.

Limited Historical Data:

 The system will save a specified timeframe of historical data for reporting
and analysis, but older data may not be easily accessible.
Security:

 While the system may have basic security protections, it may not include
sophisticated security features such as sensitive data encryption or
compliance with industry-specific security requirements.

Feasibility Analysis
The effective adoption of an Intelligent Pharmacy Management System
has the potential to transform medication distribution procedures while
increasing patient safety and treatment results. This study adds to the
developing area of precision medicine by addressing a vital part of the
healthcare system pharmacy management via the use of modern technolog

Review of Related Literature

Foreign Studies

Anjali Mishra and Harshal Anil Salunkhe oversee inventory.

The study's methodology consisted of in-depth interviews with business


financial executives, an on-site investigation, and a review of the annual report.
While secondary data was gathered from numerous papers and books, primary
data was gathered by the company's finance officers. Although the
organization's current inventory management system is effective, it can be made
better by using some fresh inventory management strategies. The company
ought to make an effort to incorporate more inventory management strategies,
such as the Just In Time (JIT) inventory system.
Local Studies
The Equipment Inventory Management System (EIMS) of Tapado and
Delluza (2016) in Catanduanes State University (CSU), an automated
inventory not only captured excessive papers and paperwork, minimized
waiting time and turnaround time of the inventory process, but also simplified,
and streamlined the long procedures of inventory. Having coherent,
standardized, updated, accessible, and printable data generated from the
automated system aids in the decision-making process of the university.
Disposal of no longer serviceable equipment can be easily called out in the
system.

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