Stock Options

Abstract:A previous analysis into reducing a pharmacy's waste was not being effectively executed. A new algorithm to calculate the minimum and maximum stock quantities was difficult to implement due to a lack of corresponding changes to inventory control system, supply chain management, and employee training. The pharmacy workflow was analyzed for areas in which these areas could be streamlined. By applying lean principles to inventory control and supply chain management, new processes could be developed which reduced the pharmacy's overall waste …

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The improvement plan is effective and can adopt to manage our inventory at any health care supplies.
Thanks for the article.
--Amal Atef, 08-14-2017


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