Optimizing hospital pharmacy inventory management systems: Challenges and Solutions

Abstract

Effective inventory management systems are critical for hospital pharmacies to ensure the availability of medications, minimize wastage, and control costs. This article explores the challenges associated with inventory management in hospital pharmacies and provides evidence-based solutions for optimization. Supported by previous studies, data records, and comparative analyses, the findings emphasize the role of advanced technologies, predictive analytics, and workflow improvements in addressing inefficiencies. The discussion highlights key strategies, including the implementation of automated inventory systems and the application of Lean Six Sigma principles, demonstrating their impact on operational efficiency and medication safety.