Inventory Flashcards
How is a non-preferred supplier described?
-Aren’t as cost-effective and the pharmacy may lose money
-Has limited distribution or meds have special storage needs
-May transfer meds to pharmacies within the same company
-Usually used by larger chain pharmacies for an automated delivery
Aren’t as cost-effective and the pharmacy may lose money
Which order check-in-step ensures items that are supposed to be delivered have been delivered?
-calling the supplier to verify items have been delivered
–pointing out discrepancies to the delivery driver
-Scanning or entering each item into the inventory system
-Marking off items on the packing slip as they’re removed from the bin
Marking off items on the packing slip as they’re removed from the bin
How is a manual ordering process managed?
-Keeping an eye on physical levels of current stock
-Being alerted when a product falls below par level
-Having an ongoing, real-time account for stock levels
-Receiving a list of all products that need to be replenished
Keeping an eye on physical levels of current stock
Which type of supplier functions as the pharmacy’s own internal wholesaler?
-distribution center
-manufacturer
-non-prefered supplier
-other pharmacies
distribution center
What is the reorder point for a specific medication called?
par level
Which check-in step maintains pharmacy compliance?
-Filling the order invoice appropriately
-labeling packages with appropriate ordering stickers
-pointing out noticeable damage to the delivery driver
-Marking off items on the packing slip as they’re pulled from the bin
Filling the order invoice appropriately
You have 6 bottles of lisinopril 10mg in stock. The par level is 4 bottles, and the maximum quantity is 10 bottles. How many bottles should be ordered?
-0
-2
-4
-10
0
An ongoing, real-time account of stock levels is also known as
perpetual inventory
Which type of ordering process provides a listing of all products that need to be replenished?
-automated
-manual
-quarterly
-seasonal
automated
What strategy is used to provide affordable medication options to pharmacies?
-par levels
-perpetual inventory
-automated reordering
-automatic drug substitutions
automatic drug substitutions
When a quantity level discrepancy is discovered for a medication, how should it be handled?
-Inform other pharmacy staff members of the discrepancy
-Update the quantity to the on-hand amount quickly to avoid future errors
-Research the discrepancy to see is it warrants the need to update the quantity
-Alert the pharmacist to the discrepancy and request an update in the computer system
Research the discrepancy to see is it warrants the need to update the quantity
Which scenario can make a pharmacy a target for robbery?
-rotating pharmacy staff often
-leaving the pharmacy door open
-pharmacy staff taking frequent work breaks
-ensuring adequate visibility in the parking lot
leaving the pharmacy door open
Why are short dated products sometimes sent back to the pharmacies supplier?
-because the supplier is short on stock
-to get rid of excess inventory and free up inventory dollars
-to fulfill the suppliers notice to send back the defective meds
-because the patients likely wont use the med before they expire
because the patients likely wont use the med before they expire
What is it called when a supplier sends another size or manufacturer of a medication because it’s less costly?
automatic drug substitution
Why would a pharmacy send back overstock items to their supplier?
the pharmacy can earn credit for meds they likely wont use