Pharmacy Inventory Control

This course provides educational information and does not replace professional medical advice, diagnosis, treatment, or clinical judgment.

What You Will Learn

• 1 Learn the fundamentals of pharmacy inventory management and its impact on patient safety and financial performance.
• 2 Understand key inventory metrics, including turnover ratio, days of supply, and ABC analysis.
• 3 Apply regulatory requirements from DEA, FDA, and state boards to controlled substance and general inventory practices.
• 4 Analyze inventory data to identify trends, forecast demand, and prevent stockouts and overstock.
• 5 Implement inventory control systems including perpetual inventory, cycle counting, and barcode scanning.
• 6 Evaluate vendor performance, contract terms, and purchasing strategies to optimize cost and availability.
• 7 Develop policies for handling expired, damaged, and recalled medications.
• 8 Create inventory budgets and manage purchasing cycles using just-in-time and min-max methods.
• 9 Integrate inventory management with pharmacy workflow, including automation and technology tools.
• 10 Build a culture of accountability through staff training, audit readiness, and continuous improvement.