Inventory Management SOP Quiz: Consignment Inventory

Prior to retaining inventory on Consignment at a Hospital, it is the responsibility of the Rep to email which of the following personnel to request and motivate for placement:

Which of the following statements are True regarding stock retention at a Hospital on Consignment?

A. Stock cannot be placed nor delivered to a hospital where an Annexure has not been signed by the relevant personnel.

B. A stock item cannot be placed nor delivered to a hospital that is not included in the existing Annexure agreement.

C. Stock that is not included in the Annexure agreement can be provided from the Rep’s Boot Stock in the event of an emergency.

D. Both A and B

E. All of the above

Stock that is delivered to the Hospital by dint of Boot Stock or stock at another Hospital must be transferred by:

A. Scanning the item on QWIX out of the existing Consignment Bin/ Boot Bin and into the new consignment locations’ Bin Codes. The QWIX transfer must be co-signed by the Sales Team and the authorized Hospital Representative.

B. Scanning the item on QWIX out of the existing Consignment Bin/ Boot Bin and into the new consignment locations’ Bin Codes.

C. A manual delivery note must be completed. The Delivery Note must be co-signed by the Sales Team and Hospital Representative.

D. Both A and C.

E. All of the above

The management and monitoring of expired and close to expiring stock is the responsibility of:

Expired stock must be uplifted within 72 hours of expiration. The Rep must ensure the authorized hospital Representee has been informed and the stock is stored separately.

True

False

Consignment counts must be conducted at all consignment locations:

During an in-hospital count, which of the following is True?

A. The manual or Syspro sheet is used as the count guideline

B. The Rep is required to scan the barcode of the products in their territory onto QWIX during a count session

C. Both the manual sheet and the scan must be co-signed to be considered a valid and complete count

D. Both A and B

E. All of the above

Amongst other conditions, a purchase order is due from a hospital when:

A. Item is damaged or opened whilst in care of the Consignee.

B. The rep has misplaced an inventory item.

C. Stock is stolen or lost due to malpractice or incorrect storage.

D. Stock was used on a patient with signed POD’s for receipt of stock by hospital personnel.

E. A, C and D.

Where a Rep is unable to resolve a discrepancy, he/she must first escalate their concerns to:

Upon resignation from the Group of Companies, stock items that are unaccounted for will result in a financial deduction for the sales representative.

True

False

Inventory Management SOP Quiz: Consignment Inventory

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