Isolation Gown, AAMI Level 2, Universal
PPEEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-821641
Stock position
- On hand
- 5,363 each17.9 days of supply
- On order
- 160 eachfirst arrives Wed Sep 16
- Forecast rate
- 299.8 each/daynext 30 days
- Demand over 9 days
- 2,759 eachlead time plus review period
- Safety stock
- 676 eachempirical 95th percentile of forecast error
- Reorder point
- 3,435 eachabove
- Stockout
- Sat Oct 3
- Recommended order
- noneby Tue Sep 29
- Inventory value
- $4,559at $0.85 per each
How the forecast was made
Exponential smoothing12% weekly error, under-forecast19% 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 12% on average (22% day by day), and it under-forecast by 6% overall. A same-weekday-last-week guess would have been off by 10%.
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-821641 | ISO GOWN AAMI LVL 2 UNIV PK/10 | PK of 10 | $0.80 | 13 | $15,860 | stand-in |
| Northwind Health Distribution | NW1878508 | Isolation Gown, AAMI Level 2, Universal - 100/Cs | CS of 100 | $0.78 | 14 | $7,209 | stand-in |
13 of 13 invoices in the last 90 days were above the contract price. Those lines averaged $8.00 per PK vs $7.55 contracted: 6% more, $888 overpaid in 90 days, about $3,603 a year at that rate.