Publication:

The ABC and VED analysis of the medical store of the tertiary care teaching hospital in Maharashtra, India

Background Substantial amount of money need to be spent on medicines. The ABC-VED matrix is an attempt to evolve on proper inventory control systems.

Methods The study was conducted at medical store of tertiary care hospital in FY 2016-2017. The annual drug consumption and expenditure incurred on each medicine were collected. The data were subjected to ABC and VED analysis. For a management purpose ABC-VED matrix was formulated by combining results of both the analysis.

Results Total 124 drugs consumed budget of INR 2,03,24,881. In the ABC analysis, Category A, B and C were consisted of 18 (14.51%), 21 (16.94%) and 85 (68.55%) medicines respectively. Whereas in the VED analysis, 67 (54.03%) medicines were belongs to category V [INR 1, 61, 13, 992 (79.28%)], 38 (30.65%) medicines to Category E [INR 35, 26,095 (17.35%)] and 19 (15.32%) medicines to Category D [INR 6, 84,794 (3.37%)]. The ABC-VED Matrix shows that category I, II and III contained 69, 38 and 17 medicines respectively. The ADE for Category I was INR 1,71,80,643 (84.53%), for category II was INR 27, 29,919 (13.43%) and for a category III medicines was INR 4, 14,319 (2.04%). According to matrix, category I require topmost management control. Middle and lower managerial staff may supervise category II and category III respectively.

Conclusions ABC-VED analysis helps us to know about the medicines which require more stringent monitoring and management, to narrow down on fewer medicines.