Question: During the pharmacy management module studies, we delivered around 10 major topics all are related to management in general and its applications in the pharmacy
During the pharmacy management module studies, we delivered around 10 major topics all are related to management in general and its applications in the pharmacy practicing fields as in community pharmacy, pharmaceutical manufacturing and alternative fields of practicing
As you know that inventory management came to be one of the most important tools to support any pharmaceutical organization as community pharmacy or manufacturing firm achieve a good profit and secure the operation against any unplanned shocks Based on the above with sticking to the university rules, regulations and project guidelines, kindly search for a real case of inventory management and control concentrating on the following points:
The supply chain or purchasing department position in the organization chart and its job description
Available warehouses in the selected model and type of products to be handled as inventories
Main differences between the inventory costs types and models applied to improve the business performance
The applied inventory analysis model for each products group to evaluate the item cycle and vale
A clear mathematical model applied to either minimizing cost or maximize profit out of the inventory management system
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
