69APPLICATION OF ABC-VED ANALYSIS IN THE MEDICAL STORES OF A TERTIARY CARE HOSPITALThe aim and objective of this study is to analyze the annual drug expenditure at the medical stores in a Tertiary care hospital using ABC-VED inventory control techniques. Inventory control techniques ABC, VED and ABC-VED matrix analysis were utilized to study the drug expenditure at a 1000 bedded tertiary care hospital in Goa, India for the financial year 2011-12. The data was collected in pre designed formats. The data was then transcribed in a MS Excel spreadsheet. The statistical analysis was done using the MS Excel statistical functions. The results shows that out of the 141 drugs listed around 12.77 % of the drugs were found to account for 69.84 % of the annual drug expenditure at the hospital and were classified as A category drugs. Another 17.02% of the drugs consumed 19.88% of the budget (B category), while the remaining 70.21% of the drugs accounted for only 10.28 % of the annual drug expenditure (C category). Around 7.09% of the drugs were classified as vital drugs, 44.68% were Essential and 48.23% were considered as Desirable drugs. On ABC-VED matrix analysis around 18.44% of drugs were classified as category I and accounted for 71.95 % of the total drug expenditure. Another 48.94% of drugs were considered as category II drugs and were found to consume 24.39 % of the total drugs budget. The remaining 32.62% drugs were classified as category III drugs and these accounted for 3.66% of the total drug expenditure. Through the use of inventory control techniques Substantial improvement could be brought about not only in patient care but also in form of optimal use of resources.frederickvaz@rediffmail.comResearch432014Inventory techniques,ABC-VED Analysis,Expenditure,Medical storesSB Pirankar,AM Ferreira,F S Vaz,I Pereira-Antao,NR Pinto, SG PerniDepartment of Preventive and Social Medicine, Goa Medical College, Bambolim, Goa, India, 403202.,Department of Preventive and Social Medicine, Goa Medical College, Bambolim, Goa, India, 403202.,Department of Preventive and Social Medicine, Goa Medical College, Bambolim, Goa, India, 403202.,Department of Pharmacology, Goa Medical College, Bambolim, Goa, India 403202.,Department of Preventive and Social Medicine, Goa Medical College, Bambolim, Goa, India, 403202.,Department of Preventive and Social Medicine, Goa Medical College, Bambolim, Goa, India, 403202.