CVS Pharmacy uses the Assisted Inventory Management system, often referred to as AIM by their users, to help keep their inventory levels down and have a controlled amount of overstock. This system is designed to help the employees be attentive and organized. While the AIM system allows employees to override orders and order more items for promotional sales, the main goal was to incorporate a system that can auto replenish an item when it is scanned through the checkout counter. This is the key to CVS in maintaining products are in-stock.
Although the AIM system is meant to work, many employees come across problems when working with the program. The system auto replenishes products but it does not consider refunds, which affects the balance on hand. That is a problem a lot of managers face, along with the AIM system does not count the products that are shipped in pre-packed boxes with a display by the manufacturer. This can also affect balance on hand numbers in a negative way.
All in all, the Assisted Inventory Management system is a wonderful tool for CVS pharmacy. It has reduced the amount of man hours it would take to order products for that store. It also helps maintain the correct amount of products on hand every day.
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