SOP for Inventory Management – Standard Operating Procedure

1) Purpose

To establish guidelines for the management and control of inventory to ensure adequate stock levels, minimize stockouts, optimize storage space, and maintain accurate inventory records within the pharmaceutical manufacturing department.

2) Scope

This SOP applies to the management of all inventory items, including raw materials, packaging materials, finished goods, and consumables used in pharmaceutical manufacturing and distribution.

3) Responsibilities

Warehouse Manager: Responsible for overseeing inventory management activities.
Production Planner: Responsible for forecasting inventory requirements based on production schedules.

4) Procedure

4.1) Inventory Planning:
4.1.1) Forecast inventory requirements based on production schedules, sales forecasts, and historical demand data.
4.1.2) Determine reorder points, safety stock levels, and lead times for each inventory item.

4.2) Inventory Receiving:
4.2.1) Receive incoming inventory items and verify against purchase orders and packing lists.
4.2.2) Inspect incoming materials for damage, quality issues, and compliance with specifications.

4.3) Inventory Storage:
4.3.1) Store inventory items in designated storage areas based on storage conditions and material compatibility.
4.3.2) Ensure proper labeling and segregation of materials to prevent mix-ups and cross-contamination.

4.4) Inventory Tracking and Control:
4.4.1) Use