When the inventory accuracy of a specific segment is less than 95 percent, when must that segment be re-inventoried?

A segment with an inventory accuracy of less than 95 percent indicates a significant discrepancy between the recorded stock and the actual stock. To ensure the reliability and integrity of inventory records, it is essential to conduct a re-inventory promptly.

Re-inventorizing within 6 months is a protocol designed to improve inventory practices, address any errors, and maintain operational efficiency. This timeframe allows for timely corrective measures and reduces the risk of further inaccuracies developing within the segment. It strikes a balance between being proactive in addressing potential issues without overwhelming the logistics operations with too frequent re-inventories, which might not be practical or resource-efficient.

This standard emphasizes the importance of high inventory accuracy in medical logistics, where discrepancies can impact patient care and operational effectiveness. Failure to maintain a high level of inventory accuracy could lead to stockouts or excess stock, both of which are detrimental in medical settings.