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Pharmaceutical Management and Models for Modernizing a Pharmacy in Romania Cover

Pharmaceutical Management and Models for Modernizing a Pharmacy in Romania

By: Cadar Emin and  Gurgas Leonard  
Open Access
|Jan 2023

Abstract

In order to increase the profits of companies, and their efficiency, a modern and valuable management method called Pareto analysis was used. This model was discovered by Vilfredo Pareto, an Italian economist in 1897, hence the name of this analysis. It is also called the 80/20 analysis, which can show us that few causes generate many results in most cases.

Pareto analysis was used to determine the most vital drugs dispensed from the pharmacy, from the point of view of the sales made and the supply process of the community pharmacies.

In this study, the importance of the Pareto method was highlighted in the selection of the most valuable preparations in 10 community pharmacies in the city of Constanța over a period of 12 months, 01.05.2021-01.05.2022. The results obtained validate the Pareto method, 5 of the 10 formulations taken into the study gave approximately 80% of the total value of the pharmaceutical formulations.

The obtained results indicate that the Pareto analysis is an important tool that can be successfully used by the pharmacy manager

DOI: https://doi.org/10.2478/arsm-2021-0036 | Journal eISSN: 1841-4036 | Journal ISSN: 1223-9666
Language: English
Page range: 189 - 192
Published on: Jan 14, 2023
Published by: Ovidius University of Constanta
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2023 Cadar Emin, Gurgas Leonard, published by Ovidius University of Constanta
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.