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Inventory management of pharmacies/drugstores in selected areas of Cavite / by Marineth P. Montano.

By:

Montano, Marineth P [author]

Contributor(s):

Cresino, Nelia C [adviser]

Material type: Text

TextLanguage: English Publication details: Indang, Cavite, 2006. Cavite State University- Main Campus,Description: x, 42 pages : illustrations ; 28 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

DDC classification:

658.787 M76 2006

Online resources:

Click here to view thesis abstract and table of contents

Production credits:

College of Economics, Management, and Development Studies (CEMDS)

Abstract: MONTANO, MARINETH P. Inventory Management of Pharmacies/Drugstores in Selected Areas of Cavite. Undergraduate Thesis. bacnel-of Science in Business Management major in Marketing. Cavite State University. indang, Cavite. April 2006. Adviser: Dr. Nelia C. Cresino. A study was conducted in selected areas of Cavite to determine the inventory management of pharmacies/drugstores in selected areas of Cavite. Specifically, the study aimed to: describe the profile of pharmacies/drugstores in selected areas of Cavite, determine the procurement practices used in pharmacies/drugstores, determine the inventory management practices employed in pharmacies/drugstores and identify the problems encountered by the owners/managers of pharmacies/drugstores in inventory management. One hundred respondents were selected by means of purposive sampling. Data were collected with the use of the prepared interview schedule. The data were analyzed using statistical tools such as frequency count, percentage, mean, range and rank. Majority of the owners had been operating the pharmacies/drugstores for a relatively long period of time under sole proprietorship form of business organization. They usually hired paid workers to assist them in the operation of their pharmacies/drugstores. Pharmacies/drugstores in Cavite did not only sell medicines but also other items like personal care products, beverages, e-load and auto load, food products, health equipments, and phone card. Many owners of pharmacies/drugstores in Cavite had regular buying pattern. This could be justified by the respondents' easy access to their suppliers accompanied by the continuous sale of their fast moving stocks. They usually ordered medicines twice a week to once a month. This would mean that the respondents had easy access to their suppliers or sources of stocks. Aside from this, the normal lead time to receive orders ranged only from 1 to 7 days. Results showed that the owners of pharmacies/drugstores in Cavite employed a rather traditional method of inventory control, which is, visual control. Also, they considered inventory control as tedious and time consuming. Very few of the pharmacies/drugstores in Cavite utilized computer-aided inventory management software. This could be attributed to the fact that employing a computer-aided software for inventory control would mean high cost of investment for the company

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Holdings ( 1 )
Title notes ( 5 )

Holdings
Item type	Current library	Collection	Call number	Materials specified	URL	Status	Notes	Date due	Barcode
Theses / Manuscripts	Ladislao N. Diwa Memorial Library Theses Section	Non-fiction	658.787 M76 2006 (Browse shelf(Opens below))		Link to resource	Room use only	T-3434		00006695

Thesis (B.S.B.M.--Marketing) Cavite State University

Includes bibliographical references.

College of Economics, Management, and Development Studies (CEMDS)

MONTANO, MARINETH P. Inventory Management of Pharmacies/Drugstores in Selected Areas of Cavite. Undergraduate Thesis. bacnel-of Science in Business Management major in Marketing. Cavite State University. indang, Cavite. April 2006. Adviser: Dr. Nelia C. Cresino.

A study was conducted in selected areas of Cavite to determine the inventory management of pharmacies/drugstores in selected areas of Cavite. Specifically, the study aimed to: describe the profile of pharmacies/drugstores in selected areas of Cavite, determine the procurement practices used in pharmacies/drugstores, determine the inventory management practices employed in pharmacies/drugstores and identify the problems encountered by the owners/managers of pharmacies/drugstores in inventory management.
One hundred respondents were selected by means of purposive sampling. Data were collected with the use of the prepared interview schedule. The data were analyzed using statistical tools such as frequency count, percentage, mean, range and rank. Majority of the owners had been operating the pharmacies/drugstores for a relatively long period of time under sole proprietorship form of business organization. They usually hired paid workers to assist them in the operation of their pharmacies/drugstores.
Pharmacies/drugstores in Cavite did not only sell medicines but also other items like personal care products, beverages, e-load and auto load, food products, health equipments, and phone card. Many owners of pharmacies/drugstores in Cavite had regular buying pattern. This could be justified by the respondents' easy access to their suppliers accompanied by the continuous sale of their fast moving stocks. They usually ordered medicines twice a week to once a month. This would mean that the respondents had easy access to their suppliers or sources of stocks. Aside from this, the normal lead time to receive orders ranged only from 1 to 7 days.
Results showed that the owners of pharmacies/drugstores in Cavite employed a rather traditional method of inventory control, which is, visual control. Also, they considered inventory control as tedious and time consuming. Very few of the pharmacies/drugstores in Cavite utilized computer-aided inventory management software. This could be attributed to the fact that employing a computer-aided software for inventory control would mean high cost of investment for the company

Submitted to the University Library 07/18/2007 T-3434