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Inventory Management

Chapter 11
Horizontales
A purchasing system in which a pharmacy joins a group purchasing organization, which contracts with pharmaceutical manufacturers collectively for all members of that group.
A listing of drugs approved by a specific purpose
The process in which a drug manufacturer or the FDA requires that specific drugs or devices be returned to the manufacturer because of a specific concern about the recalled product
A purchasing system in which a pharmacy establishes contracts directly with each pharmaceutical manufacturer.
Verticales
An organization's strategy or procedure for obtaining medications, devices, and products.
Written agreements
Drugs that have not been dispensed as of the manufacturer's printed expiration date