Perpetual Inventory

What is Perpetual Inventory? How to Create a Perpetual Inventory: What are the Benefits?
The process of keeping book inventory continuously in agreement with stock on hand for a specified period of time. To efficiently and effectively manage inventory, leverage a pharmacy system with a true perpetual inventory tracking system that supports the management of on-hand values and reordering at the expected levels.

NOTE:  Even without system capabilities to support an actual perpetual inventory, processes and procedures can provide you with a best practice for managing your inventory levels.
  1. Improve cash slow by increasing the number of turns.
  2. Save your staff time spent on ordering.
  3. Increase patient service levels by reducing out of stock occurrences.

GET STARTED

  • Complete a physical inventory to establish on-hand inventory levels. It will help you establish subsequent opportunities to check ongoing performance against a baseline to track progress on effective management of inventory.

  • For those without a perpetual inventory function in the pharmacy system, McKesson Connect supports the ability to enter or upload physical inventory counts for snapshot reporting.

NOTE: McKesson ConnectSM also supports the creation of shelf labels for better inventory management.


FOR MORE INFORMATION

Contact eCommerce Support at 800.793.9875 or your Retail Sales Manager.

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