Pharmacy Inventory Budget Paper

187 Words1 Pages
By April 2016, within the next six months the pharmacy department will cut the drug inventory budget by 25%. This in alignment with the Humble surgical request that every department need to cut its budget. In order to achieve the goal, the pharmacy will identify all the brand stock of fast moving drugs that will be equivalent to 25% of the pharmacy drug budget based on their costs and replace them with available cheaper generic when they run out. The pharmacy inventory procurement employee will review the stock inventory for the comprehensive brand drugs in pharmacy stock every month. The clinical pharmacist will review the brand drugs lists and select the comparable generic drug to replace each brand. The list of the comparable generic drugs