A veterinary practice manager is implementing an inventory management system to reduce costs and improve efficiency. Which of the following is the MOST effective strategy for managing pharmaceuticals and high-value items?
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A
Ordering large quantities quarterly to receive bulk discounts.
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B
Establishing reorder points based on historical usage data and lead times.
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C
Allowing any trained team member to place orders as they notice low stock.
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D
Conducting a full physical inventory count only once per year for tax purposes.