Title 12. PROCUREMENT & WAREHOUSING OF DRUGS AND PHARMACEUTICALS.pdf ✅

PHARMD GURU Page 1 PROCUREMENT & WAREHOUSING OF DRUGS AND PHARMACEUTICALS PROCUREMENT OF DRUGS AND PHARMACEUTICALS:  Procurement is defined as a process of acquiring supplies through purchases from the manufacturers, their agents like distributors or from private or public suppliers.  Purchasing of medicines starts with the framing of buying policies and ends with receiving, stocking and payment.  It involves the application of special skills and knowledge from both the professional and legal viewpoints. STRATEGIES: 1. Procurement of cost effective medicines in the right quantities. 2. Indenting of items and quantity:  Annual indents.  Supplementary indents.  Emergent indents. HOSPITAL PHARMACY SERVICES RIGHT QUALITY QUANTITY COST TIME ITEM SOURCE

PHARMD GURU Page 3 8. In house manufacture of medicines in the hospitals. PROCUREMENT IN COMMUNITY PHARMACIES:  Selection of medicines & fixing order quantity.  Identifying the financial position.  Identification of procurement method.  Identification of dependable sources of supply.  Negotiating & finalizing suitable purchase terms.  Transferring the title of the items (merchandise) from the supplier to the pharmacy.  Monitoring order status & consumption trend.
PHARMD GURU Page 4 ROLE OF PHARMACIST IN DRUG PROCUREMENT:  By direct purchase from manufacturer and/or wholesaler.  By bid from either manufacturers or wholesalers.  By purchase from a local retail pharmacy.  By a contract purchase arrangement with manufacturer.  By a contract purchase through a hospital purchase bureau /corporation. HOSPITAL PHARMACIST IN COLLABORATION WITH PURCHASING AGENT ASSUME FOLLOWING DUTIES:  Maintain a list of names, address & telephone numbers of drug manufacturers, wholesalers & their representatives.  Prepare detailed specifications of drugs, chemicals & biological.  Prepare request for purchase forms.  Prepare receiving memo if drugs are received directly by the pharmacy.  Prepare return memo, whenever applicable.