04.11.2014 Views

manual on management of drugs

manual on management of drugs

manual on management of drugs

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Step 2<br />

Identify the stock available as at the date <strong>of</strong> preparati<strong>on</strong> <strong>of</strong> estimates.<br />

Determine the availability in m<strong>on</strong>ths based <strong>on</strong> the above forecasted<br />

m<strong>on</strong>thly requirement.<br />

Step 3<br />

Based <strong>on</strong> stock availability durati<strong>on</strong> in m<strong>on</strong>ths determined as above,<br />

identify the delivery <strong>of</strong><br />

1 st quarter/1 st lot <strong>of</strong> year - 2<br />

C<strong>on</strong>diti<strong>on</strong>:<br />

Acceptance <strong>of</strong> stock during the period from the date <strong>of</strong> stock<br />

c<strong>on</strong>sidered and end year should be <strong>on</strong>ly to build two m<strong>on</strong>ths buffer<br />

stock as at January <strong>of</strong> the following year (year - 2)<br />

Step 4<br />

Estimati<strong>on</strong> for the said year (Year - 2)<br />

C<strong>on</strong>diti<strong>on</strong>:<br />

Quantity estimated to build a two m<strong>on</strong>ths buffer stock as at January<br />

<strong>of</strong> year - 3<br />

based <strong>on</strong> forecasted m<strong>on</strong>thly requirement.<br />

Step 5<br />

Illustrated by an example for estimating year – 2 requirement<br />

is 14<br />

The anticipated stock durati<strong>on</strong> as at January <strong>of</strong> year - 2 is 1<br />

The number <strong>of</strong> m<strong>on</strong>ths from January Year –2 to February – Year –3<br />

Then request is for 14 –1 = 13.<br />

Hence the estimate for year - 02 is 13 x the Forecasted M<strong>on</strong>thly<br />

Requirement (FMR) ,<br />

Hence the estimate for year – 02 is 13x3,300 = 42,900units<br />

17

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!