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Inventory Management in Pharmacy Automation

Inventory Management in Pharmacy Automation
Seeking Efficiency in a Complex Process

July 29, 2011

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One organization described saving over $1 million from improving their inventory management system, while another described losing thousands of dollars from drug overstock and inventory inefficiency. How are providers moving from the more common second scenario to the first? With providers tightening belts all around, many want to improve their bottom line through better drug inventory management. Pharmacies want to decrease inventory on hand—“money on the shelf”—and expired medications—“money in the trash.” However, the best approach is not obvious.

Healthcare Providers,
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