Original Research Article
Year: 2017 | Month: January | Volume: 7 | Issue: 1 | Pages: 227-231
Medical Materials Inventory Control Analysis at University Hospital in Turkey
Vahit YİĞİT
Asst. Prof., Süleyman Demirel University of Faculty of Economics and Administrative Sciences, Department of HealthCare Management, Isparta, Turkey.
ABSTRACT
Introduction: Objective of this study was to analyses the annual medical materials expenditure and consumption using inventory control techniques.
Methods: ABC, VED and ABC-VED matrix analysis were utilized to study based on cost and criticality criteria. The study was conducted at 600 bedded a university hospital in Turkey. The data was collected for the financial year 2015.The research data were collected from the administrative and financial records of the hospital. Study data was then transcribed in a MS Excel spreadsheet and analysis was done using the MS Excel statistical functions.
Results: According to the findings obtained from this study, total annual expenditure on 1501 medical materials was 10.247.017 -TL amounting to 14% of total budget. ABC analysis showed 12%, 21% and 67% medical materials as A, B and C category, respectively, accounting for 70%, 20% and 10% of annual medical materials expenditure. VED analysis found out 11%, 68% and 21% items as V, E, and D category, respectively, accounting for 20%, 54% and 26% of annual expenditure. On ABC-VED matrix analysis, 20%, 67% and 13% medical materials were found to be category I, II and III, respectively, accounting for 78%, 17% and 5% of annual medical materials expenditure.
Conclusions: As a result, the management of class I (301 items) vital medical materials requires top managerial control and these materials must be constantly keep in stock for uninterrupted health care service.
Key words: ABC VED Analysis, Inventory Control Techniques, Hospital.