Unveiling supply chain efficiency: exploring ABC-VED analysis studies on drug inventory management in India

Authors

  • Dinesh K. Meena Department of Pharmacology, Jawaharlal Institute of Postgraduate Medical Education and Research, Puducherry, India
  • Jayanthi Mathaiyan Department of Pharmacology, Jawaharlal Institute of Postgraduate Medical Education and Research, Puducherry, India

DOI:

https://doi.org/10.18203/2319-2003.ijbcp20241660

Keywords:

Drug inventory, Stock management, ABC-VED analysis, Essential medicines, Drug store

Abstract

About one-third of annual hospital budget is spent on buying materials and supplies including medicines. In any health facility, be it small health center or a big teaching institution, drugs forms an essential and indispensable element. Non-availability of drugs particularly in the developing countries is due to lack of proper material management. A poor management in a public pharmaceutical supply can result in wastage or blockade of financial resources, irrational utilization of drugs, shortage or overage of essential drugs, increased holding cost, and reduction in flexibility and decline in quality of health care services. Adaptation of a scientific approach of inventory management in healthcare manages all the issues regarding stocking of pharmaceutical items, ensuring safety, stability, efficacy, availability and maintenance of quality of drugs to provide better healthcare services. This review will focus on inventory management and its importance with special emphasis on always better control-vital, essential, desirable (ABC-VED) analysis technique on essential medicine concept and report of various research studies conducted on ABC-VED analysis in different parts of country.

References

Bhatnagar A. Textbook of Public Health and Community Medicine. First edition. Pune. Department of Community Medicine, Armed Forced Medical College, Pune in Collaboration of WHO, India Office, New Delhi. 2009;335.

Goren HG, Dagdeviren O. An Excel-Based Inventory Control System Based on ABC and VED Analysis for Pharmacy; A Case Study. Garole Int J Health Sci Res. 2017;2(1):11-7.

Gupta R, Gupta KK, Jain BR, Garg RK. ABC and VED analysis in medical stores inventory control. MJAFI. 2007;63:325-7.

Doshi RP, Patel N, Jani N, Basu M, Mathew S. ABC and VED analysis of drugs management in government tertiary care hospital in Kerala. Explorations in Health Economics Paper. Presented in iHEA 6th World Congress. 2007.

Theptong J. Drug Inventory Control. Case: Thai International Hospital Mahasarakham. Tampereen Ammattikorkeakoulu University of Applied Sciences Business School, Degree Programme in International Business. Tampere. 2010;56.

Vaz FS, Ferreira AM, Pereira-Antao I, Kulkarni MS, Motghare DD. Applications of inventory control techniques for drug management at a rural health centre. Indian J Prev Soc Med. 2008;39(3):120-3.

Kant S, Pandaw CS, Nath LM. A management Technique for Effective Management of Medical Store in Hospitals. J Acad Hosp Adm. 1996;8:41-7.

Academy of Hospital Administration. Management Development programme for doctors. Academy of Hospital Administration, New Delhi. 2005.

USAID Deliver Project. Addressing Procurement Bottlenecks: A Review of Procurement Bottlenecks in public Sector Medicine Supply Chains and Practical Approaches Taken to Resolve Them. U.S. Agency for International Development. 2013. Available at: https://iaphl.org/wp-content/uploads/2016/05/ AddrProcBottl.pdf. Accessed on 22 November 2023.

Gopalakrishnan P, Sundaresan M. Material Management: An Integrated Approach. 1st edition. New Delhi: Prentice Hall of India Pvt. Ltd. 1985.

Anand T, Ingle GK, Kishore J, Kumar R. ABC-VED Analysis of a Drug Store in the Department of Community Medicine of a Medical College in Delhi. Indian J Pharm Sci. 2013;75(1):113-7.

Chakraborty N, Mandal AK. Inventory control for drugs used in the urban training centre of a tertiary care hospital, Kolkata, West Bengal, India. Int J Community Med Public Health. 2016;3(9):2509-12.

MSH/WHO. Inventory management. Available at: https://msh.org/wp-content/uploads/2013/04/mds3-ch23-inventorymgmt-mar2012.pdf. Accessed on 22 November 2023.

D’ Arey PE. Essential medicines in the third world. BMJ. 1985;1(5):222-4.

Kidwai M. Inaugural Address. Logistics and Supply Management for Health and Family Planning Programme: A Report of Intercountry Course. New Delhi: National Institute of Health and Family Welfare. 1992:66-70.

Cooper R, Kaplan RS. Profit priorities from activity-based costing. Harv Bus Rev. 1991;69:130-5.

Pund S, Kuril B, Hashmi S, Doibale M, Doifode S. ABC-VED matrix analysis of Government Medical College, Aurangabad drug store. Int J Community Med Public Health. 2016;469-72.

American Society of Health-System Pharmacists. ASHP Statement on Bar-Code Verification During Inventory, Preparation, and Dispensing of Medications. Am J Health Syst Pharm. 2011;68(5):442-5.

Hidayat R, Saleh I. The Importance of Inventory Management in Pharmaceutical Practice. Open Access Indonesia J Soc Sci. 2020;3(1):80-4.

Sikdar SK, Agarwal AK, Das JK. Inventory analysis by ABC and VED analysis in medical stores depot of CGHS, New Delhi. Health and Population: Perspective and Issues.1996;19:165-72.

Thawani VR, Turanker AV, Sontakke SD. Economic analysis of drug expenditure at Government Medical College Hospital, Nagpur. Indian J Pharmacol. 2004;36:15-9.

Vaz FS, Ferreira AM, Pereira-Antao I. A Study of Drug Expenditure at a Tertiary Care Hospital: An ABC-VED Analysis. J Health Management. 2008;10:119-27.

Devnani M, Gupta AK, Nigah R. ABC VED Analysis of the Pharmacy Store of a Tertiary Care Teaching, Research and Referral Healthcare Institute of India. Department of Hospital Administration. 2010;2:201-5.

Khurana S, Chhillar N, Gautam V. Inventory control techniques in medical stores of a tertiary care neuropsychiatry hospital in Delhi. Health. 2013;5:8-13.

Wandalkar P, Pandit PT, Zite AR. ABC and VED analysis of the drug store of a tertiary care teaching hospital. Indian J Basic Appl Med Res. 2013;3:126-31.

Reddy YBSK, Sankar K. Pharmacoeconomic analysis of drug expenditure in government medical college and hospital, Vijayawada, India. Int J Basic Clin Pharmacol. 2018;7:873-7.

Pirankar SB, Ferreira AM, Vaz I Pereira-Antao FS, Pinto NR, Perni SG. Application of ABC-VED analysis in the medical stores of a tertiary care hospital. Int J Pharmacol Toxicol. 2014;4(3):175-7.

Mani G, Annadurai K, Danasekaran R. Drug Inventory control analysis in a Primary level Health care facility in Rural Tamil Nadu, India. Healthline. 2014;5:37-40.

Singh S, Gupta AK, Latika L, Devnani M. ABC and VED analysis of the pharmacy store of a tertiary care, Academic Institute of the Northern India to identify the categories of drugs needing strict management control. J Young Pharmacists. 2015;7:76-80.

Mathew B, Panavila L, Sindhu K, Rajaneesh P, Bharath V, Doddayya H. A study on inventory management by ABC, VED and ABC-VED Matrix analysis in pharmacy department of a tertiary care hospital. Asian J Pharm Health Sci. 2006;6(4):1563-68.

Hussain M, Siddharth V, Arya S. ABC, VED and lead time analysis in the surgical store of a public sector tertiary care hospital in Delhi. Indian J Public Health. 2019;63:194-8.

Downloads

Published

2024-06-25

How to Cite

Meena, D. K., & Mathaiyan , J. (2024). Unveiling supply chain efficiency: exploring ABC-VED analysis studies on drug inventory management in India. International Journal of Basic & Clinical Pharmacology, 13(4), 563–567. https://doi.org/10.18203/2319-2003.ijbcp20241660

Issue

Section

Review Articles