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Year 2018, Volume: 48 Issue: 2, 43 - 48, 31.08.2018

Abstract

References

  • Agirbas I (2014). Saglik Kurumlarinda Finansal Yonetim ve Maliyet Analizi. Siyasal Kitabevi, Ankara.
  • Devnani M, Gupta AK, Nigah R (2010). ABC and VED analysis of the pharmacy store of a tertiary care teaching, research and referral healthcare institute of India. J Young Pharmacists 2: 201-205.
  • Electronic resource 1. (2017) Analysis of Aggregate Medicine Use Data, http://apps.who.int/medicinedocs/en/d/Js4882e/8.2.html. Accessed 07.01.2018.
  • Gandhi P, Basur A (2000). Application of ABC analysis in medical store of ESIC, Delhi. Health Administrator 9&10: 90–95.
  • Gupta R, Gupta KK, Jain BR, Garg RK (2007). ABC and VED analysis in medical stores inventory control. Med J Armed Forces India 63: 325-327.
  • Kant S, Pandaw CS, Nath LM (1996). A management technique for effective management of medical store in hospitals. Medical store management technique. J Acad Hosp Adm 8&9: 41-47.
  • Khurana S, Chhillar N, Gautam VKS (2013). Inventory control techniques in medical stores of a tertiary care neuropsychiatry hospital in Delhi. Health 5: 8-13.
  • Kumar S, Chakravarty A (2015). ABC–VED analysis of expendable medical stores at a tertiary care hospital. Med J Armed Forces India 71: 24-27.
  • Madan AK, Ranganath MS (2014). Application of selective inventory control techniques for cutting tool inventory modeling and inventory reduction-A case study, International Conference of Advance Research and Innovation (ICARI), ISBN 978-93-5156-328-0, 127-135.
  • Nigah R, Devnani M, Gupta AK (2010). ABC and VED analysis of the pharmacy store of a tertiary care teaching, research and referral healthcare institute of India. J Young Pharmacists 2: 201-205.
  • Pund SB, Kuril BM, Hashmi SJ, Doibale MK, Doifode SM (2016). ABC-VED matrix analysis of Government Medical College Aurangabad drug store. Int J Community Med Public Health 3: 469-472.
  • Tengilimoglu D, Guzel A (2013). Hastanelerde Lojistik Yonetimi. In: Sur H, Palteki T eds. Hastane Yonetimi, Nobel Matbaacilik, Istanbul, pp. 239-258.
  • Vaz FS, Ferreira AM, Kulkarni MS, Motghare DD, Pereira-Antao I (2008). A study of drug expenditure at a tertiary care hospital: An ABC-VED analysis. J Health Manag 10: 119-127.
  • Wandalkar P, Pandit PT, Zite, AR (2013). ABC and VED analysis of the drug store of a tertiary care teaching hospital. Indian J Basic & Appl Med Res 3: 126-131.
  • Yesilyurt O, Sulak H, Bayhan M (2015). Evaluation of Control Activities of Inventory Management with Analysis of ABC and VED in Health Sector: Instance of Isparta State Hospital. Suleyman Demirel University Journal of Faculty of Economics & Administrative Sciences 20: 365-376.

The drug inventories evaluation of healthcare facilities using ABC and VED analyzes

Year 2018, Volume: 48 Issue: 2, 43 - 48, 31.08.2018

Abstract

DOI: 10.5152/IstanbulJPharm.2018.398141


“Always Better Control” (ABC) and “Vital
Essential Desirable” (VED) are widely used methods for controlling drug
inventories. The purpose of this study is to contribute to the optimal level of
drug storage for the hospital by evaluating the annual amounts spent on drugs
with (ABC) and (VED). By this means, it is aimed to reduce inventory costs to
an optimum level. In this study, drug consumption data of a private hospital
operating in Istanbul for 2016 was used. Based on the annual unit consumption
and the unit costs of 910 medicines, the total annual expenditure for each drug
was calculated and drugs were ranked in increasing order according to this
calculation. Drugs that accounted for 70% of the total drug expenditure were
classified as Category A, 20% were classified as Category B, and 10% were
classified as Category C. The (VED) analysis was conducted with three
pharmacologists and drugs were classified according to their degree of vital
importance as category “Vital (V)”, “Essential (E)” and “Desirable (D)”. Then,
the data were combined with the (ABC-VED) matrix in three separate categories.
According to a ABC analysis, 70.08% of this expenditure consists of 46 drugs
(A), 19.88% of 92 drugs (B) and 10.04% of 772 drugs (C). According to the (VED)
analysis, it has been determined that 265 drugs are in category “V”, 467 drugs
in “E” and 178 drugs in “D”. According to the (ABC-VED) matrix, there are 298
drugs in the first category, 446 drugs in the second category and 163 drugs in
the third category. Consequently, these analyzes will contribute to management
especially in determining the safety stock levels of drugs that constitute a
significant part of the total expenditure.

References

  • Agirbas I (2014). Saglik Kurumlarinda Finansal Yonetim ve Maliyet Analizi. Siyasal Kitabevi, Ankara.
  • Devnani M, Gupta AK, Nigah R (2010). ABC and VED analysis of the pharmacy store of a tertiary care teaching, research and referral healthcare institute of India. J Young Pharmacists 2: 201-205.
  • Electronic resource 1. (2017) Analysis of Aggregate Medicine Use Data, http://apps.who.int/medicinedocs/en/d/Js4882e/8.2.html. Accessed 07.01.2018.
  • Gandhi P, Basur A (2000). Application of ABC analysis in medical store of ESIC, Delhi. Health Administrator 9&10: 90–95.
  • Gupta R, Gupta KK, Jain BR, Garg RK (2007). ABC and VED analysis in medical stores inventory control. Med J Armed Forces India 63: 325-327.
  • Kant S, Pandaw CS, Nath LM (1996). A management technique for effective management of medical store in hospitals. Medical store management technique. J Acad Hosp Adm 8&9: 41-47.
  • Khurana S, Chhillar N, Gautam VKS (2013). Inventory control techniques in medical stores of a tertiary care neuropsychiatry hospital in Delhi. Health 5: 8-13.
  • Kumar S, Chakravarty A (2015). ABC–VED analysis of expendable medical stores at a tertiary care hospital. Med J Armed Forces India 71: 24-27.
  • Madan AK, Ranganath MS (2014). Application of selective inventory control techniques for cutting tool inventory modeling and inventory reduction-A case study, International Conference of Advance Research and Innovation (ICARI), ISBN 978-93-5156-328-0, 127-135.
  • Nigah R, Devnani M, Gupta AK (2010). ABC and VED analysis of the pharmacy store of a tertiary care teaching, research and referral healthcare institute of India. J Young Pharmacists 2: 201-205.
  • Pund SB, Kuril BM, Hashmi SJ, Doibale MK, Doifode SM (2016). ABC-VED matrix analysis of Government Medical College Aurangabad drug store. Int J Community Med Public Health 3: 469-472.
  • Tengilimoglu D, Guzel A (2013). Hastanelerde Lojistik Yonetimi. In: Sur H, Palteki T eds. Hastane Yonetimi, Nobel Matbaacilik, Istanbul, pp. 239-258.
  • Vaz FS, Ferreira AM, Kulkarni MS, Motghare DD, Pereira-Antao I (2008). A study of drug expenditure at a tertiary care hospital: An ABC-VED analysis. J Health Manag 10: 119-127.
  • Wandalkar P, Pandit PT, Zite, AR (2013). ABC and VED analysis of the drug store of a tertiary care teaching hospital. Indian J Basic & Appl Med Res 3: 126-131.
  • Yesilyurt O, Sulak H, Bayhan M (2015). Evaluation of Control Activities of Inventory Management with Analysis of ABC and VED in Health Sector: Instance of Isparta State Hospital. Suleyman Demirel University Journal of Faculty of Economics & Administrative Sciences 20: 365-376.
There are 15 citations in total.

Details

Primary Language English
Subjects Pharmacology and Pharmaceutical Sciences
Journal Section Original Article
Authors

Faruk Yılmaz

Publication Date August 31, 2018
Submission Date February 23, 2018
Published in Issue Year 2018 Volume: 48 Issue: 2

Cite

APA Yılmaz, F. (2018). The drug inventories evaluation of healthcare facilities using ABC and VED analyzes. İstanbul Journal of Pharmacy, 48(2), 43-48.
AMA Yılmaz F. The drug inventories evaluation of healthcare facilities using ABC and VED analyzes. iujp. August 2018;48(2):43-48.
Chicago Yılmaz, Faruk. “The Drug Inventories Evaluation of Healthcare Facilities Using ABC and VED Analyzes”. İstanbul Journal of Pharmacy 48, no. 2 (August 2018): 43-48.
EndNote Yılmaz F (August 1, 2018) The drug inventories evaluation of healthcare facilities using ABC and VED analyzes. İstanbul Journal of Pharmacy 48 2 43–48.
IEEE F. Yılmaz, “The drug inventories evaluation of healthcare facilities using ABC and VED analyzes”, iujp, vol. 48, no. 2, pp. 43–48, 2018.
ISNAD Yılmaz, Faruk. “The Drug Inventories Evaluation of Healthcare Facilities Using ABC and VED Analyzes”. İstanbul Journal of Pharmacy 48/2 (August 2018), 43-48.
JAMA Yılmaz F. The drug inventories evaluation of healthcare facilities using ABC and VED analyzes. iujp. 2018;48:43–48.
MLA Yılmaz, Faruk. “The Drug Inventories Evaluation of Healthcare Facilities Using ABC and VED Analyzes”. İstanbul Journal of Pharmacy, vol. 48, no. 2, 2018, pp. 43-48.
Vancouver Yılmaz F. The drug inventories evaluation of healthcare facilities using ABC and VED analyzes. iujp. 2018;48(2):43-8.