Supply Chain Management main glossary
This is a glossary of key terms used throughout the site.
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The VEN concept or analysis is an inventory control technique by which items are classified into the categories vital (V), essential (E) and non-essential (N), thus setting priorities for selection, procurement, distribution and use. It is used by procurement agencies and countries to categorize medicines.
The VEN classification classifies inventory items in categories based on their importance for the patients or clients. These categories are: Vital - Essential - Non-essential. Vital items are potentially life-saving or crucial products with a major public health importance. They also contain medicines with a significant withdrawal side-effect. Essential items are those which are effective against less severe but significant forms of disease. Non-essential items are those used for minor or self-limited illnesses. They are the least important items to be stocked. Sometimes a country or an organisation has insufficient funds to buy all the desired medicines. The VEN analysis is a well-known method to help set up priorities for purchasing medicines and keeping stock.
Virus d’Immunodéficience Humaine
VPP is the acronym for Voluntary Pooled Procurement, a strategic initiative established by the Global Fund aimed at ensuring a cost effective and efficient procurement of core health commodities. Through this mechanism, Global Fund grant recipient countries can procure core ehakth products through the VPP prequalified procurement services agents. More recently, it has been renamed as Pooled Procurement Mechanism (PPM).