THE MANAGEMENT AND CONTROL OF INVENTORIES (DRUGS) IN GOVERNMENT HEALTH INSTITUTION
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Abstract
The research work focused on THE MANAGEMENT AND CONTROL OF INVENTORIES (DRUGS) IN GOVERNMENT HEALTH INSTITUTIONand the case study was the GOVERNMENT HEALTH INSTITUTION . The main objectives of this study was to look at what inventory is and to come out with relevant criteria to improve uponinventory management practices in the New GOVERNMENT HEALTH INSTITUTION. Government Hospital (NEGH). The specific objective includes identifying inventory management practices at the New GOVERNMENT HEALTH INSTITUTION, determining if the inventory management prac tices are efficient and effective, and to investigate the challenges confronting the management of inventory in the Hospital. The researcher then gave a brief insight into the chosen case study organization. Stratified random sampling was adopted to selec t a sample size of sixty workers for the study. The investigator used the primary method of data collection to gather information for the study. The investigator found out that the materials ordered are not received on time, unauthorized personnel are allowed into the stores, and store keys are left at the security gate upon closure of work. Based on the findings, the researcher proposed some recommendations which include coordination between suppliers and stores to ensure faster delivery of supplies, bringing to an end unauthorized entry into the stores, and the store keys to be handled by only store staffs.Findings from this study indicate that as currently practiced public procurement is not effective in reducing the cost of drugs. Therefore there is need to evolve, for example to e-procurement which saves the costs of the preparation and transmission of paper purchase requests and invoices and thus eliminating costly, time –consuming errors from manual data entry. To ensure steady, accessible and affordable stock of essential drugs, the supply chains need to be cushioned against price fluctuation. Adequate funding of the sector is also recommended.
TABLE OF CONTENT
Approval page I
Dedication II
Acknowledgement III
Abstract IV
CHAPTER ONE 1
1.0 Introduction 1
1.1 Background of the study 1
1.2 Statements of the problem 4
1.3 Objectives of the study 5
1.4 Research Questions 5
1.5 Hypothesis of the study 6
1.6 Significant of the study 6
1.7 Scope and limitation of the study 7
1.8 Definition of terms 8
Reference 10
CHAPTER TWO
2.1 THE NATURE AND SCOPE OF INVENTORIES
2.2 REASONS FOR KEEPING STOCK OR INVENTORIES
2.3 MOTIVES FOR HOLDING INVENTORIES
2.4 TYPES OF INVENTORIES
2.5 INVENTORY MANAGEMENT
2.5.1 IMPORTANCE OF INVENTORY MANAGEMENT
2.5.2 OBJECTIVES OF INVENTORY MANAGEMENT
2.5.3 INVENTORY MANAGEMENT METHOD
2.5.4 LIMITATIONS OF ECONOMIC ORDER QUANTITY MODEL
2.5.5 UNDERLYING ASSUMPTION OF ECONOMIC ORDER QUANTITY MODEL
2.5.6 REASONS FOR APPLYING ECONOMIC ORDER QUANTITY
2.5.7 DETERMINANT OF INVENTORY MANAGEMENT
2.5.8 METHODS OF DETERMINING ECONOMIC ORDER QUANTITY
2.6 INVENTORY CONTROL
2.6.1 ACHIEVEMENT OF INVENTORY CONTROL
2.6.2 IMPORTANCE OF INVENTORY CONTROL
2.6.3 INVENTORY CONTROL METHODS
2.6.4 METHODS OF DETERMINING REORDER POINT
2.6.5 OTHER INVENTORY CONTROL METHODS IN HOSPITALS
2.6.6 SEGREGATION OF DUTIES IN PHARMACY WHEN COLLECTING DRUGS
2.7 DIFFERENCE BETWEEN INVENTORY MANAGEMENT AND INVENTORY CONTROL
2.8 SYSTEMS INVOLVED IN INVENTORY
2.9 HOW TO ENSURE INVENTORY CONTROL AND MANAGEMENT
2.10 HOW AUDIT PROCESS WORKS
Reference 47
CHAPTER THREE
3.0 Research design and methodology 48
3.1 Research design 48
3.2 Sources of data 49
3.3 Research instrument 50
3.4 INVENTORY MANAGEMENT
3.5 INVENTORY MANAGEMENT
3.6 IMPORTANCE OF INVENTORY MANAGEMENT
3.7 Administration of research instrument 55
3.7.1 OBJECTIVES OF INVENTORY MANAGEMENT
3.8 INVENTORY MANAGEMENT
3.9 Decision Criterion for the validation of hypothesis 56
Reference 57
CHAPTER FOUR
4.0 Data presentation and analysis 58
4.1 Data presentation and analysis 58
4.2 Testing of hypotheses 79
CHAPTER FIVE
Summary of findings, conclusion and recommendation
5.1 Summary of findings 87
5.2 conclusions 88
5.3 Recommendations 89
Bibliography 91
Appendix 93
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