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You Better Check Your Shelf: Inventory Management Strategies to Maximize Turns
July 10 @ 12:30 pm - 1:30 pm
Effective inventory management plays a vital role in ensuring patients have timely access to the medications they need while supporting the pharmacy’s sustainability. This session will explore strategies to optimize inventory, leverage technologies that enhance efficiency, and address common challenges with patient care in mind. Join us to learn practical solutions for reducing waste, improving medication availability, and creating an inventory plan that prioritizes patient outcomes and pharmacy excellence.
Pharmacist Learning Objectives
1. Review key strategies for optimizing inventory management in community pharmacy practice.
2. Discuss technologies that streamline inventory tracking, ordering, and restocking processes.
3. Identify recommended practices for improving inventory turns and reducing waste.
4. Evaluate common inventory management challenges and related solutions.
5. Create an inventory optimization plan that integrates technology and recommended practices to maximize inventory turns and optimize patient care.
Technician Learning Objectives
1. Review key strategies for optimizing inventory management in community pharmacy practice.
2. Discuss technologies that streamline inventory tracking, ordering, and restocking processes.
3. Identify recommended practices for improving inventory turns and reducing waste.
4. Evaluate common inventory management challenges and related solutions.
5. Create an inventory optimization plan that integrates technology and recommended practices to maximize inventory turns and optimize patient care.
Meet Your Speakers
Johnathan Hamrick, PharmD.
Lead Network Facilitator
CPESN Georgia
Dr. Johnathan Hamrick is an experienced pharmacist and industry leader specializing in pharmacy operations, inventory management, and clinical services. Currently serving as the Pharmacist in Charge at Carter’s Pharmacy in Smyrna, GA and the Lead Network Facilitator for CPESN Georgia, he plays a pivotal role in advancing community pharmacy practice. With over a decade of experience in independent pharmacy, academia, and leadership roles, Dr. Hamrick has guided numerous pharmacies in optimizing workflow, medication adherence programs, and incorporating clinical services. His background includes serving as Director of Introductory Pharmacy Practice Experiences at Mercer University College of Pharmacy and contributing to various national and state pharmacy organizations.
Thomas Sherrer, PharmD.
Co-Owner/Pharmacist-in-Charge
Poole’s Pharmacy
Thomas Sherrer is a 2015 graduate of Mercer University College of Pharmacy and a 2010 graduate of the University of Georgia Terry School of Business. He is co-owner of Poole’s Pharmacy in Marietta, Georgia and Carters Pharmacy in Smyrna, Georgia. He is also the owner of Dallas Prescription Shop in Dallas, Georgia. He has held multiple committee positions with the Georgia Pharmacy Association and the National Community Pharmacist Association. He currently serves as a member of the Georgia Pharmacy Association Board of Directors, Chairman of the Georgia Pharmacy Foundation, and as a member of the Board of Directors for CPESN Georgia. Thomas is also Immediate Past President of the Mercer University College of Pharmacy alumni board. He precepts students from both Mercer University College of Pharmacy and University of Georgia College of Pharmacy.
Johnathan Hamrick has no relevant financial relationships with ineligible companies to disclose.
Thomas Sherrer has no relevant financial relationships with ineligible companies to disclose.
Financial support for this course was provided through an educational grant from McKesson Health Mart.
Pharmacist Universal Activity Number (UAN): 0107-0000-25-094-L04-P
Technician Universal Activity Number (UAN): 0107-0000-25-094-L04-T
Application-based activity
CPE Redemption:
To obtain 1 contact hour of continuing pharmacy education credit (0.1 CEU), learners must participate in the course and complete the exam* and evaluation. Shortly after both the exam and evaluation are successfully completed and submitted, the CPE Statement of Credit can be accessed on CPE Monitor at www.MyCPEMonitor.net.
*CEimpact provides two (2) opportunities to complete the exam. The learner will not receive CPE credit after two failed attempts.
CEimpact is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education.