When should Out of Stock (OOS) scans be performed?

Out of Stock (OOS) scans should ideally be performed once a week to maintain an accurate inventory and ensure that stock levels meet consumer demand. This frequency allows pharmacies and retail establishments to identify and replenish items that are selling quickly or have been depleted, thus minimizing the potential for lost sales due to stockouts. Weekly scans strike a balance between having the data necessary to make informed inventory decisions and the operational capacity to conduct these checks regularly without overburdening staff.

Performing OOS scans daily may be excessive for many retail pharmacy settings, leading to unnecessary labor and disruption, while conducting them only on order day could miss opportunities to restock essential items throughout the week. Scanning every two weeks might result in delays in addressing stock shortages, impacting customer satisfaction and revenue. Therefore, weekly scans provide the most effective and practical approach to inventory management in this context.