Inventory Management Flashcards
What is a System Generated Cycle count?
One that is completed daily and is automatically added to counts.
What are the two types of cycle counts?
- ) System Generated
2. ) Store Initiated
What is a Store Initiated cycle count?
One that is manually added and completed after the system generated cycle counts.
When does an Out of Stock scan occur?
Weekly, on the day before order day.
Why must label maintenance be done?
To fix OV/warehouse changes and to update new/discontinued items.
What is BOH?
Balance on hand.
What is AIMRx?
Assissted Inventory Management Rx. The inventory/ordering system used by CVS. Updates in real time.
What is TIL?
Target Inventory Level. Based on store 6 week data.
What is BOO?
Balance on Order.
BOH + BOO >/= ?
BOH + BOO >/= TIL
How do you generate a new shelf tag?
With gun➡️Cycle Count➡️Scan Drug➡️L for label➡️Prints to manager office
When is the warehouse order submitted?
Weekly by 3 PM. Automatically.
Who can order CII narcotics?
Pharmacist with a valid Power of Attorney only
Where do narcotics orders come from? WH or OV?
OV
All narcotics orders take about how many days to deliver?
2-3 business days
