Reducing Pharmaceutical and Non-Pharmaceutical Inventory Waste in Tertiary Hospital: Impact of ABC-VEN Analysis in a Zero-Waste Strategy Over 7 Years

To evaluate the prevalence and trend of inventory waste in a tertiary hospital over the last 7 years. This included the type and average monetary value (MV) of inventory waste, as well as the outcome of using the Always-Better-Control (ABC)-Vital-Essential-Non-essential (VEN) matrix as part of a Zer...

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Bibliographic Details
Published in:Risk management and healthcare policy 2024-11, Vol.17, p.2659-2675
Main Authors: Alanazi, Menyfah Q, Alkhadhairi, Eyad K, Alrumi, Waleed H, Alajlan, Sami A
Format: Article
Language:English
Subjects:
abc-ven matrix
expired pharmaceutical inventory
inventory wastage
non-moving inventory
obsolete inventory
Refuse and refuse disposal
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Summary:To evaluate the prevalence and trend of inventory waste in a tertiary hospital over the last 7 years. This included the type and average monetary value (MV) of inventory waste, as well as the outcome of using the Always-Better-Control (ABC)-Vital-Essential-Non-essential (VEN) matrix as part of a Zero-Waste Strategy. This was a retrospective observational study conducted at King Abdulaziz Medical City (KAMC) over 7 years. The prevalence of waste was 0.21%, which equates to (SAR) 15 million out of SAR 7 billion. The pharmaceutical inventory had significantly higher waste in terms of MV and the number of items (89.8%, and 80.3%, respectively) (P
ISSN:1179-1594
1179-1594
DOI:10.2147/RMHP.S467230