Describes about the types of Inventory, the techniques involved in the control of Inventory e.g., ABC, VED, HML, FSN, SDE. Analysis, advantages, and disadvantages of each of the techniques of Inventory control. the nurse's role in Inventory management.
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Inventory Control PPT
1.
2.
3.
4. Materials lying in main store,
Being accounted for,
Not been issued to user units.
E.g. Medical surgical items
Dressings
Linens
X-ray supplies
Lab items, etc.
5. Materials issued to user units e.g.
Dispensary
CSSD
Laundry
Wards
OPD
7. ALWAYS
BETTER
CONTROL
Process of classifying the items by using
values as measures.
Also called Pareto Analysis.
8. Less in number
Consumes major portion of funds
Managed by top management
Tight control, rigid estimates of requirements
Strict and closer watch
Require low safety stock
e.g. Defibrillator, Ventilator
9. Moderate control
Purchase on rigid requirement
Reasonably strict watch and control
Managed by mid-level management
e.g. Glucometer, medicines
10. Larger in number
Consume lesser amount of fund
Ordinary control measure
Require high safety stock
Management at lower level
e.g. Paper clips, Gauze pieces
11. Easy control of wastage of costly items
Easy to maintain cost and turnover rate
Simple, no confusing formulas
Helps to exercise selective control
12. Inconvenient to compute when items are in
large numbers.
More chance of deterioration of item of class C(
Purchased in bulk)
Loose control on C items cause shortages
Focuses on money value & not on functional
importance causing shortage of critical
items.
Does not take into account variation of prices
with time.
13. Vital
Essential
Desirable
Based on how critical an item is for providing
health services
14. Without which treatment comes to a stand
still.
Stocked in abundance
Very strict control
e.g. Anti snake venom
15. Non availability can be tolerated for 2-3 days
Stocked in medium amount
Reasonably strict watch
e.g. Corticosteroids
16. Non availability can be tolerated for a long
period
Stocked in small amounts
Purchased on usage estimate
Items depend on type and quantity of
workload
e.g. PCM
17. V E D
A
AV
Defibrillator
AE
X-Ray
Machine
AD
Air Curtains
Category I
B
BV
Ventilator
BE
Electric
Cautery
BD
BP Instrument
Category II
C
CV
SpO₂
Machine
CE
Patient trolley
CD
Thermometer
Category III
18. Category I items:
Most important
Controlled by administrator
Category II items:
Intermediate importance
Under control of officer in charge of stores
Category III items:
Least Importance
Under control of store keeper
** Highest Priority - High Criticality, Small Quantity
requirement
* Least Priority - Low Criticality, Large Quantity
requirement
19. Fast moving
Slow moving
Non moving
Based on consumption pattern of items
20. Issuing of items in past 2 – 3 years is
considered
No issuing of items during that period –
labeled as ‘N’ item
10 – 15 issues in that period – ‘S’ item
Exceeding such limit of number of issues
during that period – ‘F’ item
21. Helps avoid investment in non moving or
slow items
Facilitates timely control
Useful in controlling obsolescence
28. H – Unit value > 1000 (sanctioned by higher
officials)
M – Unit value 100 – 1000
L – Unit value < 100
29. Used to keep control over consumption at
department level.
30. Keeping adequate amount of equipment and
supplies in the ward.
Ensuring equipment & supplies are in good
working condition.
Requisition for necessary equipment for
repair and maintenance as needed.
Ensuring convenient location of equipment
and supplies.
31. Title- “ABC- VED analysis of expendable medical stores at a tertiary care
hospital”
Journal- medical journal armed forces India. Year of publication- 2015, Author
name- Sushil Kumar, A. Chakrobarty
Objectives- Use of ABC and VED analysis to identify the categories of drugs
needing focused managerial tool.
METHODS
Annual consumption and expenditure data of expendable medical store for 1
year was extracted from the drug expenditure book, followed by classification
on its annual usage value.
RESULTS
Out of 1536 items, 6.77% (104), 19.27 % (296) and 73.95% (1136) items were
found to be A, B and C category items respectively. VED analysis revealed that
only 322 (21% items out of an inventory of 1536 drugs belonging to category I
will require maximum attention