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Reducing Costs of Managing Medication Inventory in Automated Dispensing System in Hospital Units

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Title:Reducing Costs of Managing Medication Inventory in Automated Dispensing System in Hospital Units
Authors:Dobson, Gregory
Tilson, Vera
Sullivan, Sandy
Webster, Dave
Keywords:The Impact of Digitization on Business Operations
Organizational Systems and Technology
Hospital Pharmacy Inventory Management, Automated Dispensing Units, Joint Replenishment Under Stochastic Demand and Storage Constraints
Date Issued:08 Jan 2019
Abstract:Hospital pharmacies utilize automated dispensing systems (ADS) to store and dispense medication in hospital wards. We propose an algorithm to minimize the inventory management costs incurred in holding and refilling the medications stored in an ADS. The algorithm is a linear integer programming formulation to compute how to configure an ADS, and how to allocate medications into capacity-constrained containers. Using a numerical example with real hospital data we demonstrate significant percentage savings relative to the status quo.
Pages/Duration:8 pages
URI:http://hdl.handle.net/10125/60113
ISBN:978-0-9981331-2-6
DOI:10.24251/HICSS.2019.812
Rights:Attribution-NonCommercial-NoDerivatives 4.0 International
https://creativecommons.org/licenses/by-nc-nd/4.0/
Appears in Collections: The Impact of Digitization on Business Operations


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