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'Inventory' is defined as list or stock of items in store, which have economic value.'Inventory Control' is defined as the stocking adequate number & kind of stores so that the drugs/materials are available when ever required & where ever required.The objectives of this work are as follows:- To identify of the drug category requiring monitoring for provisioning, procurement, stocking, issue & accounting by using ABC, VED & FSN analysis methods.- To maintain availability of the drugs whenever & wherever required in optimum quantity.- To identify various categories of drugs to optimize & reduce the various costs associated with inventories.- To minimize the ineffective stock.- To improve patients' satisfaction & good will of the hospital in the community.