Stock quantity verification is done by the chief pharmacist along with the accountant once in a month for high-value stock and once in a quarter for the entire stock
Quarterly Audit stock checking:
The stock verification is done by chief pharmacist
Each category of medicine is checked physically through records of purchase, sale, refund, indent/ issue, stock transfers, & stock taken last month.
The list for stock-taking has the following particulars:
Category of drug/ medicine.
Brand name
Quantity
Batch number
Expiry date
Manufacture
Distributor
Location
Quantity counted
Quantity as per records.
Quantity as per store
Discrepancy (if any)
Discrepancy after reconciliation
Signature of the chief pharmacist
Action is taken in case of discrepancy
Apart from this quarterly stock quantity audit, a complete stock audit is done by the senior pharmacist along with the PTC committee members as per the NABH guidelines in all the department and also in the pharmacy.
