Corpus ID: 202678532

Development and Evaluation of AVSER Matrix Analysis of Inventory Control Technique for Community Pharmacy Practice in a Tertiary Care Hospital

@inproceedings{Thomas2014DevelopmentAE,
  title={Development and Evaluation of AVSER Matrix Analysis of Inventory Control Technique for Community Pharmacy Practice in a Tertiary Care Hospital},
  author={Levin Thomas and T. Suriyaprakash},
  year={2014}
}
Approximately 40% of annual hospital budget is spent on drug procurement. The objective of the study was to design and evaluate suitable inventory management formula for a community pharmacy attached to a tertiary care government medical college hospital. The duration of the study was 10 months. All the conventional inventory control techniques, such as ABC analysis, VED analysis, ABC –VED Matrix analysis, EOQ and SOS classification were done and their merits and demerits were identified. All… Expand
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