How often should pharmacy inventory be audited?

Auditing pharmacy inventory regularly, at least once a year or according to facility policies, is essential to ensure accuracy in stock levels and to prevent issues such as stockouts, overstocking, or expired medications. Regular audits help maintain compliance with legal and regulatory requirements while also promoting efficient inventory management practices.

Frequent audits allow for the identification of discrepancies between recorded and actual inventory, enabling pharmacies to take corrective actions promptly. Additionally, consistent oversight can help detect potential issues like theft, loss, or errors in the ordering process. By adhering to facility policies regarding the frequency of audits, pharmacies can ensure their inventory management systems are reliable and that patients receive the correct medications in a timely manner.