Nitrile Exam Gloves, X-Large, Powder-Free
PPENon-essential, 90% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-208612
Stock position
- On hand
- 7,406 each18.2 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 406.9 each/daynext 30 days
- Demand over 9 days
- 3,730 eachlead time plus review period
- Safety stock
- 730 eachempirical 90th percentile of forecast error
- Reorder point
- 4,459 eachabove
- Stockout
- Fri Oct 2
- Recommended order
- noneby Tue Sep 29
- Inventory value
- $667at $0.09 per each
How the forecast was made
Exponential smoothing8% weekly error, under-forecast11% worse than naive
A weighted recent average that learns the weekday pattern and any trend. Recent days count more than old ones.
Report card: the model was fit on history up to Tue Jul 21 and scored on the 56 days after. Weekly totals were off by 8% on average (23% day by day), and it under-forecast by 8% overall. A same-weekday-last-week guess would have been off by 8%.
actual forecast, 80% and 95% range what the model said during the report card windoweach/day
Projected on hand, each: today's stock plus open orders on their expected dates, minus the forecast, day by day.
Vendors and prices, last 90 days
| Vendor | Part number | Vendor description | Sells by | Paid per each | Invoices | 90-day spend | Pairing |
|---|---|---|---|---|---|---|---|
| Meridian Medical Supply | MMS-208612 | NITRILE EXAM GLOVE XL PF BX/100 | BX of 100 | $0.08 | 14 | $2,253 | stand-in |
| Northwind Health Distribution | NW2809112 | Nitrile Exam Gloves, X-Large, Powder-Free - 100/Bx | BX of 100 | $0.08 | 14 | $964 | stand-in |