Journal of Young Pharmacists logo
Submit
Journal of Young PharmacistsACADEMIC PUBLISHING
Article

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

1★, 2, 3, 2★ Corresponding author

  1. 1Department of Hospital Administration, Pt. B. D. Sharma, Post Graduate Institute of Medical Sciences, Rohtak, INDIA.
  2. 2Department of Hospital Administration, Post Graduate Institute of Medical Education and Research, Chandigarh, INDIA.
  3. 3Department of Obstetrics & Gynecology, PT. B. D. Sharma, Post Graduate Institute of Medical Sciences, Rohtak, INDIA.

CORRESPONDENCE

Sukhbir Singh

Department of Hospital Administration, Pt. B. D. Sharma, Post Graduate Institute of Medical Sciences, Rohtak, INDIA.

drbrar1980@gmail.com

Volume 7, Issue 2 · pp. 76-80 · 2014 · DOI: 10.5530/jyp.2015.2.4

ABSTRACT

Aim: To conduct ABC, VED and ABC-VED matrix analysis of the pharmacy store of the tertiary care, teaching, research and referral institute of the Northern India to identify the categories of drugs needing strict management control.Method: The ABC and VED (vital, essential, desirable) analysis of the pharmacy/drug store of Post Graduate Institute of Medical Education and Research (PGIMER), Chandigarh, India, was conducted to identify the categories of drugs needing strict management control. The annual consumption and expenditure incurred on each drug item of pharmacy for the year 2008-09 and 2009-10 were studied and inventory control techniques, i.e. ABC, VED and ABC-VED matrix analysis, were applied.Results: The drug formulary consisted of 416 items (year 2008-09) and 379 drug items (year 2009-10). The total annual drug expenditure (ADE) on items issued in 2008-09 & 2009-10 was Rs 6.04 crores to Rs 4.84 crores respectively. ABC analysis of pharmacy store for the year 2008-09 revealed 11.23%, 24.60% and 75.4% items as A, B and C category items, respectively, accounting for 70.19%, 19.83% and 9.98% of ADE of the pharmacy. VED analysis showed 12.30%, 61.5% and 26.2% items as V, E, and D category items, respectively, accounting for 19.56%, 71.12% and 9.33% of ADE of the pharmacy. However ABC analysis of pharmacy store for the year 2009-10 revealed 11.08%, 22.16% and 66.75% items as A, B and C category items, respectively, accounting for 70.04%, 19.93% and 10.02% of ADE of the pharmacy. VED analysis showed 12.40%, 60.16% and 27.44% items as V, E, and D category items, respectively, accounting for 25.05%, 66.91% and 8.04% of ADE of the pharmacy.Conclusion:The ABC and VED techniques should be adopted for optimal and rational use of resources and elimination of out-of-stock situations in the hospital pharmacy.

KEYWORDS

Open in new tab

REFERENCES

As published

Showing references and in-text citations exactly as published.

    Cite this article

    SELECT FORMAT

    Singh, S., Gupta, A. K., Latika, L., & Devnani, M. (2014). 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. Journal of Young Pharmacists, 7(2), 76-80. https://doi.org/10.5530/jyp.2015.2.4

    Copyright and licence

    © 2014 Author(s)

    This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 License, which allows others to remix, tweak, and build upon the work non-commercially, as long as the author is credited and the new creations are licensed under the identical terms. CC BY-NC-SA 4.0