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CVS Pharmacy Technician Fast Movers Questions and Answers | Latest Version | 2024/2025 | Graded A+

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CVS Pharmacy Technician Fast Movers Questions and Answers | Latest Version | 2024/2025 | Graded A+ What is a "fast mover" in a CVS pharmacy setting? A medication or product that is sold frequently and has a high turnover rate Why is it important to track fast movers in the pharmacy? To ensure that high-demand medications are always in stock and available for patients How does CVS manage inventory for fast-moving products? By monitoring sales data and adjusting stock levels to meet demand while minimizing waste What is one common strategy used to prevent stockouts of fast movers? Regularly restocking popular items and placing automatic reorder requests when stock reaches a low threshold How can pharmacy technicians ensure fast movers are stored correctly? By following specific storage guidelines to maintain product integrity and accessibility 2 What is a potential issue when fast movers are not tracked properly? Stockouts or overstocking, leading to disruptions in patient care and excess inventory costs Why are fast-moving medications often given priority in restocking? To ensure that the most commonly requested medications are always available to meet patient needs How does CVS prevent expired fast-moving medications from being sold? Through regular inventory checks, rotating stock, and setting reminders for expiration dates What role does the pharmacy technician play in handling fast movers? Ensuring that fast-moving products are correctly stocked, stored, and tracked for inventory purposes What is an example of a common fast-moving product in a CVS pharmacy? Pain relievers such as ibuprofen or acetaminophen 3 Why is it essential to monitor the pricing of fast movers in CVS pharmacies? To ensure competitive pricing and adjust based on market demand and pharmacy goals How do fast movers impact the overall profitability of a CVS pharmacy? They contribute significantly to sales revenue due to their high turnover rate and frequent customer demand What does it mean when a fast mover is labeled as "high priority" in inventory? It indicates that the product is crucial to the pharmacy’s daily operations and must be replenished quickly How can pharmacy technicians ensure fast movers are properly categorized in the inventory system? By regularly updating the inventory management system and tagging fast-moving products for quick identification

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November 16, 2024
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2024/2025
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CVS Pharmacy Technician Fast Movers
Questions and Answers | Latest Version
| 2024/2025 | Graded A+
What is a "fast mover" in a CVS pharmacy setting?


✔✔ A medication or product that is sold frequently and has a high turnover rate




Why is it important to track fast movers in the pharmacy?


✔✔ To ensure that high-demand medications are always in stock and available for patients




How does CVS manage inventory for fast-moving products?


✔✔ By monitoring sales data and adjusting stock levels to meet demand while minimizing waste




What is one common strategy used to prevent stockouts of fast movers?


✔✔ Regularly restocking popular items and placing automatic reorder requests when stock

reaches a low threshold




How can pharmacy technicians ensure fast movers are stored correctly?


✔✔ By following specific storage guidelines to maintain product integrity and accessibility


1

,What is a potential issue when fast movers are not tracked properly?


✔✔ Stockouts or overstocking, leading to disruptions in patient care and excess inventory costs




Why are fast-moving medications often given priority in restocking?


✔✔ To ensure that the most commonly requested medications are always available to meet

patient needs




How does CVS prevent expired fast-moving medications from being sold?


✔✔ Through regular inventory checks, rotating stock, and setting reminders for expiration dates




What role does the pharmacy technician play in handling fast movers?


✔✔ Ensuring that fast-moving products are correctly stocked, stored, and tracked for inventory

purposes




What is an example of a common fast-moving product in a CVS pharmacy?


✔✔ Pain relievers such as ibuprofen or acetaminophen




2

, Why is it essential to monitor the pricing of fast movers in CVS pharmacies?


✔✔ To ensure competitive pricing and adjust based on market demand and pharmacy goals




How do fast movers impact the overall profitability of a CVS pharmacy?


✔✔ They contribute significantly to sales revenue due to their high turnover rate and frequent

customer demand




What does it mean when a fast mover is labeled as "high priority" in inventory?


✔✔ It indicates that the product is crucial to the pharmacy’s daily operations and must be

replenished quickly




How can pharmacy technicians ensure fast movers are properly categorized in the inventory

system?


✔✔ By regularly updating the inventory management system and tagging fast-moving products

for quick identification




Why is it important for pharmacy technicians to be aware of the demand for fast movers during

flu season?




3

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