Team-Tested Practices

Pharmacy Team Turns Inventory Blemish Into Success

When Susan Luu, an inventory technician and member of UFCW Local 555, learned that her Northwest pharmacy had lost $70,000 in expired medications, she partnered with co-workers to turn the team’s tragedy into triumph. She and manager Rob Yancey engaged Pharmacy Analytics to identify slow-moving medications. Team members also monitored the pharmacy for outdated or slow-moving medications. By the time the team completed its next inventory, losses had dropped to $7,000 – a 90 percent reduction in the cost of expired medications.

Here's What Worked

  • Partnering with Pharmacy Analytics to identify and remove outdated drugs from the shelf
  • Engaging team members to “own” a section of the pharmacy and monitor expired or slow-moving medications

What can your team do to better manage your inventory? What else could you do to save money and keep KP affordable for members and patients?


Read the Full Story
21 people found this helpful. Was it helpful to you? YesNo