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
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,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
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, 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?
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