Ertha Kusuma Dewi1, Maznah Dahlui2, Djazuly Chalidyanto3, Thinni Nurul Rochmah3. 1. Faculty of Public Health, Universitas Airlangga , Surabaya, Indonesia. 2. Centre of Population Health, Department of Social and Preventive Medicine, Faculty of Medicine, University of Malaya , Kuala Lumpur, Malaysia. 3. Department of Health Policy and Administration, Faculty of Public Health, Universitas Airlangga , Surabaya, Indonesia.
Abstract
BACKGROUND: A good drug inventory planning system is important for an efficient budgeting, procurement, and cost control of drugs. When stagnant drugs in the inventory are too much, wastage due to expired and spoiled drugs could occur. These will not only cause loss of income but could also jeopardize healthcare service delivery. RESEARCH DESIGN AND METHODS: This study aimed to determine the most efficient and effective management of stagnant and shortage drugs by comparing three pharmacy logistic methods; the economic order quantity (EOQ), minimum-maximum stock level (MMSL), and the traditional consumption of drug inventory, at RA Basoeni Hospital, Mojokerto. Drug inventory was analyzed to calculate the opportunity loss, opportunity cost, and proportions of both stagnant and shortage drugs. RESULTS: We found that EOQ and MMSL performed best for control of stagnant drugs and shortage drugs, respectively. Both methods had proved as effective pharmacy logistic planning. In addition, EOQ produced the lowest opportunity cost for stagnant drugs besides the lowest opportunity loss for shortage drugs. CONCLUSION: The study concluded that EOQ is the most effective and efficient method to manage stagnant and shortage drugs at hospital pharmacy.
BACKGROUND: A good drug inventory planning system is important for an efficient budgeting, procurement, and cost control of drugs. When stagnant drugs in the inventory are too much, wastage due to expired and spoiled drugs could occur. These will not only cause loss of income but could also jeopardize healthcare service delivery. RESEARCH DESIGN AND METHODS: This study aimed to determine the most efficient and effective management of stagnant and shortage drugs by comparing three pharmacy logistic methods; the economic order quantity (EOQ), minimum-maximum stock level (MMSL), and the traditional consumption of drug inventory, at RA Basoeni Hospital, Mojokerto. Drug inventory was analyzed to calculate the opportunity loss, opportunity cost, and proportions of both stagnant and shortage drugs. RESULTS: We found that EOQ and MMSL performed best for control of stagnant drugs and shortage drugs, respectively. Both methods had proved as effective pharmacy logistic planning. In addition, EOQ produced the lowest opportunity cost for stagnant drugs besides the lowest opportunity loss for shortage drugs. CONCLUSION: The study concluded that EOQ is the most effective and efficient method to manage stagnant and shortage drugs at hospital pharmacy.
Entities:
Keywords:
Economic order quantity; opportunity cost; opportunity loss; shortage; stagnant
Authors: Myriam Gallego Galisteo; Javier Romero Puerto; Maria José Martínez Bautista; Jorge Díaz Navarro; Rosa Seisdedos Elcuaz; Juan Gallego Galisteo; Alberto Villa Rubio; María Del Carmen Jiménez de Juan; Ana Ganfornina Andrades; Marcelo Domínguez Cantero; José Carlos Roldán Morales; Jaime Cordero Ramos; Alfonso Sánchez García; Carlos Núñez Ortiz; José Ramón Ávila Álvarez Journal: Drugs Ther Perspect Date: 2022-09-02