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Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital

Year 2024, Volume: 14 Issue: 3, 618 - 624, 30.09.2024
https://doi.org/10.33808/clinexphealthsci.1204223

Abstract

Objective: Hospitals allocate approximately 35% of their budgets to pharmaceutical and material stocks in order to provide uninterrupted health services. For this reason, hospital managers spend a lot of time and effort in order to keep a minimum level of stock so as not to disrupt health service production and thus to better manage the limited resources of the enterprise. The aim of this study is to group the drugs according to their financial value and vital importance. In this way, it is aimed to perform stock management in the least costly, errorfree and effective way.
Method: In the study, data corresponding to one-year (2021) consumption of a total of 1327 items of drugs were analyzed. The total cost is approximately 83 million ₺. In this study, an ABC-VED cross-analysis was performed on the one-year drug consumption data of a university hospital with 853 beds in order to provide an example of a more controlled inventory structure.
Results: According to the results, it is seen that the ratio of drugs in the first category, that is, drugs that are both high cost and vital for the patient, to the total drug item is 38%. The cost of these drugs constitutes 87% of the total cost.
Conclusion: Taking into account the classifications put forward in the study, strict monitoring of a small number of drugs and regular weekly counts will make drug stock management much easier for managers.

References

  • Kelle P, Woosley J, Schneider H. Pharmaceutical supply chain specifics and inventory solutions for a hospital case. Operations Research for Health Care 2012;1(2-3):54-63. DOI: 10.1016/j.orhc.2012.07.001
  • Bhakoo V, Singh P, Sohal A. Collaborative management of inventory in Australian hospital supply chains: practices and issues. Supply Chain Management: An International Journal 2012;17(2):217-230. DOI: 10.1108/13598541211212933
  • Rachmania IN, Basri MH. Pharmaceutical inventory management issues in hospital supply chains. Management 2013;3(1):1-5. DOI: 10.5923/j.mm.20130301.01
  • Dursa E, Arslan M. ABC, VED, and ABC-VED matrix analyses for inventory management in community pharmacies: A case study. Journal of Pharmaceutical Sciences 2022;47(3):293-300. DOI: 10.55262/fabadeczacilik.1134573
  • Taddele BW, Wondimagegn AA, Asaro MA, Sorato MM, Gedayi BG, Hailesilase AA. ABC-VEN matrix analysis of the pharmacy store in a secondary level health care facility in Arbaminch Town, Southern Ethiopia. Journal of Young Pharmacists 2019;11(2):182. DOI: 10.5530/jyp.2019.11.38
  • Prassetiyo H, Berry Bachtiar LF, Rukmi HS. Analyzing the inventory system of medical medicine in type b pharmaceutical installations at regional hospitals using the ABC-VEN analysis and continuous review system methods. International Journal of Scientific Advances 2023;4(4):576-582. DOI: 10.51542/ijscia.v4i4.13
  • Anand T, Ingle GK, Kishore J, Kumar R. ABC-VED analysis of a drug store in the department of community medicine of a medical collage in Delhi. Indian Journal of Pharmaceutical Sciences 2013;75(1):113-117. DOI: 10.4103/0250-474X.113543
  • Nigah R, Devnani M, Gupta AK. ABC and VED analysis of the pharmacy store of a tertiary care teaching, research and referral healthcare institute of India. Journal of Young Pharmacists 2010;2(2):201-205. DOI: 10.4103/0975-1483.63170
  • Kampf R, Lorincová S, Hitka M, Caha Z. The application of ABC analysis to inventories in the automatic industry utilizing the cost saving effect. Naše More: Znanstveni Časopis Za More I Pomorstvo. 2016;63(3):120-125. DOI: 10.17818/nm/2016/SI8
  • Yılmaz F. The drug inventories evaluation of healthcare facilities using ABC and VED analyses. Istanbul Journal of Pharmacy 2018;48(2):43-48. DOI: 10.5152/IstanbulJPharm.2018.398141
  • Nirmala DA, Kannan V, Thanalakshmi M, Gnanaraj SJ, Appadurai M. Inventory management and control system using ABC and VED analysis. Materials Today: Proceedings 2022; pp.922-925. DOI: 10.1016/j.matpr.2021.10.315
  • Gupta RK, Gupta KK, Jain BR, Garg RK. ABC and VED analysis in medical stores inventory control. Medical Journal Armed Forces India 2007;63(4):325-327. DOI: 10.1016/S0377-1237(07)80006-2
  • Böker Z, Çetin O. Sağlık sektöründe ABC-VED, AHP ve TOPSIS yöntemleri kullanılarak çok kriterli stok sınıflandırması. Öneri Dergisi 2020;15(53):178-208. DOI: 10.14783/maruoneri.676528 (Turkish)
  • Durmuş A, Duğral E. Stock management with ABC and VED analysis in hospitals during the covid-19 pandemic process. J Basic Clin Health Sci. 2021;1:368-377. DOI: 10.30621/jbachs.905240
  • Güner Gören H, Dağdeviren Ö. An excel-based inventory control system based on ABC and VED analyses for pharmacy: A case study. Galore Int J Health Sci Res. 2017;2(1):11-17.
  • Antonoglou D, Kastanioti C, Niakas D. ABC and VED analysis of medical materials of a general military hospital in Greece. Journal of Health Management 2017;19(1):170-179. DOI: 10.1177/0972063416682643
  • Karagöz B. Tedarik zinciri risk ve belirsizlikleri: Koronavirüs pandemisi ve ortamında ilaç sektöründe risk yönetimi ve halkla ilişkiler. İstanbul Arel Üniversitesi İletişim Çalışmaları Dergisi 2020;8(17):107-130. (Turkish)
  • Manhas AK, Aubid M, Haroon R, Sheikh MA, Syed AT. Analysis of inventory of drug and pharmacy department of a tertiary care hospital. Analysis 2012;25(3):183-185.
  • Uygun S, Yiğit V. Hastane işletmelerinde etkin ilaç stok kontrolü. Balkan Sosyal Bilimler Dergisi 2016;742-751. (Turkish)
  • Wandalkar P, Pandit PT, Zite AR. ABC and VED analysis of the drug store of a tertiary care teaching hospital. Indian Journal of Basic and Applied Medical Research 2013;3(1):126-131.
  • Doshi RP, Patel N, Jani N, Basu M, Mathew S. ABC and VED analyses of drug management in a government tertiary care hospital in Kerala. In: IHEA 2007 6th World Congress: Explorations in Health Economics Paper 2007 July 8-11; Copenhagen, Denmark.
  • Pund SB, Kuril BM, Hashmi SJ, Doibale MK, Doifode SM. ABC-VED matrix analysis of government medical college, Aurangabad drug store. International Journal of Community Medicine and Public Health 2016;3(2):469-472. DOI: 10.18203/2394-6040.ijcmph20160434
  • Vaz FS, Ferreira AM, Kulkarni MS, Motghare DD, Pereira-Antao I. A study of drug expenditure at a tertiary care hospital: an ABC-VED analysis. Journal of Health Management 2008;10(1):119-127. DOI: 10.1177/097206340701000107
  • Khurana S, Chhillar N, Gautam VKS. Inventory control techniques in medical stores of a tertiary care neuropsychiatry hospital in Delhi. Health 2013;5(1):8-13. DOI: 10.4236/health.2013.51002
  • Yeşilyurt Ö, Sulak Y, Bayhan Y. Sağlık sektöründe stok kontrol faaliyetlerinin ABC ve VED analizleriyle değerlendirilmesi: Isparta Devlet Hastanesi örneği. Süleyman Demirel Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 2015;20(1):365-376. (Turkish)
  • Bialas C, Revanoglou A, Manthou V. Improving hospital pharmacy inventory management using data segmentation. American Journal of Health-System Pharmacy. 2020;77(5):371-377. DOI: 10.1093/ajhp/zxz264
  • Fenta TG, Gulilat B, Teshome D, Sebsibe F, Assefa T. Outcome of auditable pharmaceutical transactions and services implementation: Assessment report. Addis Ababa: Ethiopia Federal Ministry of Health, Ethiopian Pharmaceutical Association, and Systems for Improved Access to Pharmaceuticals and Services. 2016.
Year 2024, Volume: 14 Issue: 3, 618 - 624, 30.09.2024
https://doi.org/10.33808/clinexphealthsci.1204223

Abstract

References

  • Kelle P, Woosley J, Schneider H. Pharmaceutical supply chain specifics and inventory solutions for a hospital case. Operations Research for Health Care 2012;1(2-3):54-63. DOI: 10.1016/j.orhc.2012.07.001
  • Bhakoo V, Singh P, Sohal A. Collaborative management of inventory in Australian hospital supply chains: practices and issues. Supply Chain Management: An International Journal 2012;17(2):217-230. DOI: 10.1108/13598541211212933
  • Rachmania IN, Basri MH. Pharmaceutical inventory management issues in hospital supply chains. Management 2013;3(1):1-5. DOI: 10.5923/j.mm.20130301.01
  • Dursa E, Arslan M. ABC, VED, and ABC-VED matrix analyses for inventory management in community pharmacies: A case study. Journal of Pharmaceutical Sciences 2022;47(3):293-300. DOI: 10.55262/fabadeczacilik.1134573
  • Taddele BW, Wondimagegn AA, Asaro MA, Sorato MM, Gedayi BG, Hailesilase AA. ABC-VEN matrix analysis of the pharmacy store in a secondary level health care facility in Arbaminch Town, Southern Ethiopia. Journal of Young Pharmacists 2019;11(2):182. DOI: 10.5530/jyp.2019.11.38
  • Prassetiyo H, Berry Bachtiar LF, Rukmi HS. Analyzing the inventory system of medical medicine in type b pharmaceutical installations at regional hospitals using the ABC-VEN analysis and continuous review system methods. International Journal of Scientific Advances 2023;4(4):576-582. DOI: 10.51542/ijscia.v4i4.13
  • Anand T, Ingle GK, Kishore J, Kumar R. ABC-VED analysis of a drug store in the department of community medicine of a medical collage in Delhi. Indian Journal of Pharmaceutical Sciences 2013;75(1):113-117. DOI: 10.4103/0250-474X.113543
  • Nigah R, Devnani M, Gupta AK. ABC and VED analysis of the pharmacy store of a tertiary care teaching, research and referral healthcare institute of India. Journal of Young Pharmacists 2010;2(2):201-205. DOI: 10.4103/0975-1483.63170
  • Kampf R, Lorincová S, Hitka M, Caha Z. The application of ABC analysis to inventories in the automatic industry utilizing the cost saving effect. Naše More: Znanstveni Časopis Za More I Pomorstvo. 2016;63(3):120-125. DOI: 10.17818/nm/2016/SI8
  • Yılmaz F. The drug inventories evaluation of healthcare facilities using ABC and VED analyses. Istanbul Journal of Pharmacy 2018;48(2):43-48. DOI: 10.5152/IstanbulJPharm.2018.398141
  • Nirmala DA, Kannan V, Thanalakshmi M, Gnanaraj SJ, Appadurai M. Inventory management and control system using ABC and VED analysis. Materials Today: Proceedings 2022; pp.922-925. DOI: 10.1016/j.matpr.2021.10.315
  • Gupta RK, Gupta KK, Jain BR, Garg RK. ABC and VED analysis in medical stores inventory control. Medical Journal Armed Forces India 2007;63(4):325-327. DOI: 10.1016/S0377-1237(07)80006-2
  • Böker Z, Çetin O. Sağlık sektöründe ABC-VED, AHP ve TOPSIS yöntemleri kullanılarak çok kriterli stok sınıflandırması. Öneri Dergisi 2020;15(53):178-208. DOI: 10.14783/maruoneri.676528 (Turkish)
  • Durmuş A, Duğral E. Stock management with ABC and VED analysis in hospitals during the covid-19 pandemic process. J Basic Clin Health Sci. 2021;1:368-377. DOI: 10.30621/jbachs.905240
  • Güner Gören H, Dağdeviren Ö. An excel-based inventory control system based on ABC and VED analyses for pharmacy: A case study. Galore Int J Health Sci Res. 2017;2(1):11-17.
  • Antonoglou D, Kastanioti C, Niakas D. ABC and VED analysis of medical materials of a general military hospital in Greece. Journal of Health Management 2017;19(1):170-179. DOI: 10.1177/0972063416682643
  • Karagöz B. Tedarik zinciri risk ve belirsizlikleri: Koronavirüs pandemisi ve ortamında ilaç sektöründe risk yönetimi ve halkla ilişkiler. İstanbul Arel Üniversitesi İletişim Çalışmaları Dergisi 2020;8(17):107-130. (Turkish)
  • Manhas AK, Aubid M, Haroon R, Sheikh MA, Syed AT. Analysis of inventory of drug and pharmacy department of a tertiary care hospital. Analysis 2012;25(3):183-185.
  • Uygun S, Yiğit V. Hastane işletmelerinde etkin ilaç stok kontrolü. Balkan Sosyal Bilimler Dergisi 2016;742-751. (Turkish)
  • Wandalkar P, Pandit PT, Zite AR. ABC and VED analysis of the drug store of a tertiary care teaching hospital. Indian Journal of Basic and Applied Medical Research 2013;3(1):126-131.
  • Doshi RP, Patel N, Jani N, Basu M, Mathew S. ABC and VED analyses of drug management in a government tertiary care hospital in Kerala. In: IHEA 2007 6th World Congress: Explorations in Health Economics Paper 2007 July 8-11; Copenhagen, Denmark.
  • Pund SB, Kuril BM, Hashmi SJ, Doibale MK, Doifode SM. ABC-VED matrix analysis of government medical college, Aurangabad drug store. International Journal of Community Medicine and Public Health 2016;3(2):469-472. DOI: 10.18203/2394-6040.ijcmph20160434
  • Vaz FS, Ferreira AM, Kulkarni MS, Motghare DD, Pereira-Antao I. A study of drug expenditure at a tertiary care hospital: an ABC-VED analysis. Journal of Health Management 2008;10(1):119-127. DOI: 10.1177/097206340701000107
  • Khurana S, Chhillar N, Gautam VKS. Inventory control techniques in medical stores of a tertiary care neuropsychiatry hospital in Delhi. Health 2013;5(1):8-13. DOI: 10.4236/health.2013.51002
  • Yeşilyurt Ö, Sulak Y, Bayhan Y. Sağlık sektöründe stok kontrol faaliyetlerinin ABC ve VED analizleriyle değerlendirilmesi: Isparta Devlet Hastanesi örneği. Süleyman Demirel Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 2015;20(1):365-376. (Turkish)
  • Bialas C, Revanoglou A, Manthou V. Improving hospital pharmacy inventory management using data segmentation. American Journal of Health-System Pharmacy. 2020;77(5):371-377. DOI: 10.1093/ajhp/zxz264
  • Fenta TG, Gulilat B, Teshome D, Sebsibe F, Assefa T. Outcome of auditable pharmaceutical transactions and services implementation: Assessment report. Addis Ababa: Ethiopia Federal Ministry of Health, Ethiopian Pharmaceutical Association, and Systems for Improved Access to Pharmaceuticals and Services. 2016.
There are 27 citations in total.

Details

Primary Language English
Subjects Health Care Administration
Journal Section Articles
Authors

Murat Taşer 0000-0001-6871-4171

Murat Özban 0000-0003-4974-8442

Early Pub Date September 27, 2024
Publication Date September 30, 2024
Submission Date November 14, 2022
Published in Issue Year 2024 Volume: 14 Issue: 3

Cite

APA Taşer, M., & Özban, M. (2024). Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital. Clinical and Experimental Health Sciences, 14(3), 618-624. https://doi.org/10.33808/clinexphealthsci.1204223
AMA Taşer M, Özban M. Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital. Clinical and Experimental Health Sciences. September 2024;14(3):618-624. doi:10.33808/clinexphealthsci.1204223
Chicago Taşer, Murat, and Murat Özban. “Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital”. Clinical and Experimental Health Sciences 14, no. 3 (September 2024): 618-24. https://doi.org/10.33808/clinexphealthsci.1204223.
EndNote Taşer M, Özban M (September 1, 2024) Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital. Clinical and Experimental Health Sciences 14 3 618–624.
IEEE M. Taşer and M. Özban, “Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital”, Clinical and Experimental Health Sciences, vol. 14, no. 3, pp. 618–624, 2024, doi: 10.33808/clinexphealthsci.1204223.
ISNAD Taşer, Murat - Özban, Murat. “Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital”. Clinical and Experimental Health Sciences 14/3 (September 2024), 618-624. https://doi.org/10.33808/clinexphealthsci.1204223.
JAMA Taşer M, Özban M. Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital. Clinical and Experimental Health Sciences. 2024;14:618–624.
MLA Taşer, Murat and Murat Özban. “Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital”. Clinical and Experimental Health Sciences, vol. 14, no. 3, 2024, pp. 618-24, doi:10.33808/clinexphealthsci.1204223.
Vancouver Taşer M, Özban M. Improvement of Drug Stock Management Using ABC-VED Analysis in a University Hospital. Clinical and Experimental Health Sciences. 2024;14(3):618-24.

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