Contribution to the improvement of inventory management in pharmacies in the municipality of Camajuaní, Cuba

Authors

DOI:

https://doi.org/10.5281/zenodo.15285085

Keywords:

Inventory management, pharmacy, decision-making, operations research

Abstract

Adequate inventory management is a fundamental component in any sector. Therefore, this research focuses on evaluating this activity in the Provincial Company of Pharmacies and Opticians, Camajuaní network, and in the Municipal Health Sectorial Company of the same municipality. The evaluation is based on a checklist and a set of indicators that facilitate the analysis of management performance. The practical implementation of the procedure in the companies studied yielded a level of inventory management rated as “good” in both entities. However, the analysis of the indicators made it possible to identify areas with poor performance: in the case of the Provincial Company of Pharmacies and Opticians, the quality of information, and in the Municipal Health Sector, demand management. These aspects are presented as priorities for a process of continuous improvement focused on optimizing management functions in both organizations

Downloads

Download data is not yet available.

References

Addo, S. K. (2020). Inventory Turnover as Indicator of Health of Inventory and business. Dama Academic Scholarly Journal of Researchers, 5(4), 69-77. https://doi.org/10.15373/DASJR/2020/VOL5/ISS4/APRIL006

Assidiq, M. I., Indupurnahayu, y Hurriyaturrohman (2022). Management Audit of Inventory Function (Case Study at Bigland Hotel Bogor). Jurnal HARMONI, 1(2), 109-117. https://doi.org/10.32832/jharmoni.v1i2.8764

Cachon, G. y Terwiesch, C. (2020). Matching Supply with Demand. An Introduction to Operations Management. (4a ed.). McGraw-Hill Education.

Chase, R. B y Jacobs, F. R. (2024). Operations and Supply Chain Management. (17a ed.). USA: McGraw-Hill LLC

Cheng, X. (2024). Research on the Inventory Management in the Modern Business. Proceedings of the 2nd International Conference on Financial Technology and Business Analysis. https://doi.org/10.54254/2754-1169/60/20231247

Ciroth, A. y Arvidsson, R. (2021). Life Cycle Inventory Analysis. Methods and Data. Springer.

Fakhrhosseini, S. F., y Naserhojjati Rudsari, R. (2024). Exploring the relationship between inventory management and performance across company life cycle stages. Transactions on quantitative finance and beyond, 1(2), 254–264. https://doi.org/10.22105/tqfb.v1i2.42

Farah, M. A., Mohamud, I. H., Mohamed, M. A., y Jakuula, H. A. M. (2024). Enhancing business efficiency through effective inventory management. A sistematic literature review. International Scientific Journal about Technologies, 10(4), 121-129. https://doi.org/10.22306/atec.v10i4.224

Gökbayrak, E., y Kayış, E. (2023). Single item periodic review inventory control with sales dependent stochastic return flows. International Journal of Production Economics, 255, 108699. https://doi.org/10.1016/j.ijpe.2022.108699

Jing-Sheng, J. S. (2023). Research Handbook on Inventory Management. Edward Elgar Publishing.

Krajewski, L. J. y Malhotra, M. K. (2022). Operations management. Processes and supply chains. (13a ed.). Pearson Education.

Kramnychna, S. y Rozborska, O. (2024). Inventory audit. The key to successful risk management and business reputation strengthening. ISSC 2024, Prospects of accounting development: the young researcher’s view. https://doi.org/10.53486/issc2024.27

Marpaung, S. A., Siagian, H. L. y Manalu, H. M. (2024). The Effect of Operational Audit and Internal Control on Raw Material Inventory Management. Jurnal Ilmiah Akuntansi Kesatuan, 12(2), 219-228. https://doi.org/10.37641/jiakes.v12i2.2508

Meana Coalla, P. P. (2024). Gestión de inventarios. (2ª ed.). Ediciones paraninfo, S.A.

Pentrakan, A., y Srinon, R. (2024). Assessing Inventory Management Indicators in Chain Pharmacy Stores: An Importance – Performance Analysis. The Eurasia Proceedings of Science Technology Engineering and Mathematics, 28, 141-147. https://doi.org/10.55549/epstem.1519401

Rahmawati, A.N. y Suhendi, C. (2024). The Inventory Audit Procedures in the Community Health Center: The Case Study of a Public Accounting Firm in Central Java Province. Small Business Accounting Management and Entrepreneurship Review (SBAMER), 4(1), 34-48. https://doi.org/10.61656/sbamer.v4i1.150

Rodríguez Ortega, A., Alfonso Alfonso, R., y Alfonso Llanes, A. (2017). ¿Cómo una empresa evalúa su gestión logística?: Herramienta para la toma de decisiones. Editorial Académica Española.

Schroeder, R. y Goldstein, S. M. (2021). Operations management in the supply chain. Decisions y cases. (8a ed.). USA: McGraw-Hill Education. https://n9.cl/hjhzbj

Shah, N. H., Mittal, M., y Cárdenas-Barrón, L. E. (2021). Decision Making in Inventory Management. Springer.

Sharma, D. K., y Jain, M. (2022). Data Analytics and Artificial Intelligence for Inventory and Supply Chain Management. Singapore. Springer.

Slack, N. Brandon-Jones, A. y Burgess, N. (2022). Operations Management. (10a ed.). Pearson Education.

Stevenson, W. J. (2021). Operations management. (14a ed.). USA: McGraw-Hill Education.

Tadayonrad, Y. y Ndiaye, A. B. (2023). A new key performance indicator model for demand forecasting in inventory management considering supply chain reliability and seasonality. Supply Chain Analytics, 3, 100026. https://doi.org/10.1016/j.sca.2023.100026

Teunter, R. H. y Kuipers, S. (2023). Inventory control with demand substitution: new insights from a two-product Economic Order Quantity analysis. Omega, 113, 102712. https://doi.org/10.1016/j.omega.2022.102712

Winata, E. T. (2022). Operational Audit in Inventory Management: Case Study of CV. X in Bali. International Journal of Management, Accounting and Economics, 9(2), 97-116. https://doi.org/10.5281/zenodo.6612379

Published

2025-05-02

Issue

Section

De Investigación

How to Cite

Contribution to the improvement of inventory management in pharmacies in the municipality of Camajuaní, Cuba. (2025). GEDI-PRAXIS, Revista De Gestión, Educación Y Ciencias Sociales, 3(2), 85-99. https://doi.org/10.5281/zenodo.15285085