Purchase by tender is normally quicker than buying by direct purchase

In evaluating new suppliers the service and product quality can be monitored after small quantities of selected items have been purchased

Some reasons for differences showing in the balance of the following equation:Opening stock + stock received = stock issued + closing stock are:Stock movement was not recorded

In a centralised model for logistics management professional staff can be used more efficiently

“Service” from suppliers includes well packed supplies without accurate paper work

The average monthly consumption (issue):the average consumption can be determined by adding the amounts issued over at least three months excluding any months when the medicine was out of stock and working out a monthly average.

Sources of drug supply include donations preparations made on the premises

Procurement involves the importation of large quantities of medicines and medical supplies only

During the procurement of quality products the purchaser is not very dependent on the supplier to do a good job

The value of the stock in the pharmacy can be calculated using the following formula:Amount ordered x price/unit