Control Analysis of Medicine Inventories Using ABC, Ven, and EOQ Approach in Pharmaceutical Companies

Indra Almahdy^1* , Muhammad Kholil¹ , Jakfat Haekal¹ and Tri Widodo²

Abstract

Pharmaceutical Companies is a place for people to get health services. One unit that has an important role is the Pharmacy division. Pharmacy services include patient care and are responsible for the provision of medicines and other medical devices. This study aimed to find the control of Medicine supplies in sufficient quantities, at the time needed and at the lowest cost. Management of Medicine supplies can be done using the Always, Better, and Control (ABC) method and the Vital, Essential, and Non-Essential (VEN) method to determine priorities in Medicine procurement so that funds are used efficiently. Furthermore, the EOQ (Economic Order Quantity) calculation is carried out to obtain optimal inventory.

Keywords:

inventory; medicine; ABC; VEN; EOQ

Cite This Article

Almahdy, I., Kholil, M., Haekal, J., Widodo, T. (2021). Control Analysis of Medicine Inventories Using ABC, Ven, and EOQ Approach in Pharmaceutical Companies. International Journal of Scientific Advances (IJSCIA), Volume 2| Issue 5: Sep-Oct 2021, Pages 708-712 , URL: https://www.ijscia.com/wp-content/uploads/2021/09/Volume2-Issue5-Sep-Oct-No.154-708-712.pdf

Volume 2 | Issue 5: Sep-Oct 2021