S4R and S8 Medicines Inventory Discrepancies
Definition
Discrepancies in controlled medicines inventories must be reported and resolved, leading to rework, potential stock write-offs, and misappropriation risks.
Key Findings
- Financial Impact: 20-40 hours/month manual inventory + AUD 5,000-20,000 per major discrepancy event (stock loss + investigation)
- Frequency: Monthly for S8; regular for S4R
- Root Cause: Inaccurate Lot Number and NDC records from manual processes
Why This Matters
The Pitch: Wholesale Drugs firms in Australia lose AUD 10,000-50,000 yearly on excess stock and discrepancy probes from poor lot tracking. Automation prevents shrinkage and manual recount costs.
Affected Stakeholders
Pharmacy Manager, Warehouse Operator, Auditor
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Wastage from Oversupply and Expired Lots
Minimum Stockholding Requirement Breaches
Chargeback Fraud Claims
Chargeback Processing Errors
Manual Chargeback Reconciliation
PBS Wholesaler Supply Penalties
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