How frequently should pharmacies in Alaska review their inventory procedures to avoid discrepancies?

Pharmacies in Alaska should review their inventory procedures monthly to ensure accuracy and compliance with the regulations. This frequent review is critical for maintaining an accurate account of medications, preventing theft, and ensuring patient safety. Monthly reviews help to identify and rectify any discrepancies in inventory before they escalate into larger issues, such as stock shortages or excesses that could lead to regulatory violations.

In the context of pharmacy operations, a rigid schedule of infrequent reviews may not adequately address the dynamic nature of inventory management, where variances can occur due to several factors such as staff errors, data entry mistakes, or even theft. Regular, monthly evaluations of inventory procedures allow pharmacies to adapt quickly to any changes in what is on hand, align orders with actual usage, and maintain compliance with state and federal laws governing pharmaceutical inventory control.