Course description

Efficient inventory control is the financial lifeblood of a retail pharmacy store. Storing medicines improperly or allowing stock to pass expiry results in severe financial losses and potential regulatory penalties.

This course teaches the First-Expiry-First-Out (FEFO) methodology, inventory turnover ratio calculation, reorder level optimization, managing damaged returns, and conducting digital cycle counts with zero store disruption.

What will i learn?

• Implement First-Expiry-First-Out (FEFO) store management systematically
• Calculate reorder points (ROP) and safety stock levels for essential medicines
• Maintain audit-ready regulatory registers and digital batch tracking
• Drastically reduce medicine write-offs and damaged stock write-downs

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