[e-drug] Waste as share of procurement cost - what is acceptable?

["Beverley Snell" <bev@burnet.edu.au>]

E-DRUG: Waste as share of procurement cost - what is acceptable?
----------------------------------------------

Dear e-druggers

A colleague has quoted no more that 5% of total procurement as a 
reasonable target for waste (including expired medicines) and asked me 
if I knew the reference for this figure.  I have been unable to find 
such a reference and the figure does seem rather high to me. 

Any advice or references would be very helpful.

Thank you very much

Beverley Snell

*Beverley Snell*
*Senior Fellow*
*Centre for International Health*
*Macfarlane Burnet Institute for Medical Research & Public Health *
*GPO Box 2284, Melbourne 3001 Australia*
*http://www.burnet.internationalhealth.edu.au***
*Telephone 613 9282 2115 / 9282 2275*
*Fax 61 3 9282 2144 or 9282 2100*
*Time zone: 10 hours ahead of GMT.*
*email <bev@burnet.edu.au>*
*Site: Alfred Medical Research & Education Precinct (AMREP),*
*85 Commercial Road, Prahran 3004*