Managing the inventory control system.
The four functions of management--planning, organizing, directing, and controlling--are described in relation to the hospital pharmacy inventory control system. Planning includes the development of inventory system objectives and identification of the resources needed to complete them. Organizing requires the manager to decide on the best method of grouping system activities and resources to complete the objectives in order of priority. Directing is a continual activity that involves obtaining optimal performance from the inventory system resources available. Controlling consists of regulation and verification of inventory system activities. The effective inventory system manager integrates planning, organizing, directing, and controlling in a continuous cycle.
D003365:Costs and Cost Analysis; D007445:Inventories, Hospital / Q000379:methods*; D008421:Materials Management, Hospital / Q000379:methods*; D010607:Pharmacy Service, Hospital / Q000458:organization & administration*