Needleless Connector, Neutral Displacement
IV TherapyEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-130988
Stock position
- On hand
- 4,601 each22.3 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 206.5 each/daynext 30 days
- Demand over 9 days
- 1,896 eachlead time plus review period
- Safety stock
- 155 eachempirical 95th percentile of forecast error
- Reorder point
- 2,052 eachabove
- Stockout
- Wed Oct 7
- Recommended order
- noneby Sun Oct 4
- Inventory value
- $7,362at $1.60 per each
How the forecast was made
Exponential smoothing9% weekly error, unbiased0% better 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 9% on average (21% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 9%.
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-130988 | NDLS CONN NEUT DISPL BX/100 | BX of 100 | $1.49 | 14 | $21,400 | stand-in |
| Northwind Health Distribution | NW3139629 | Needleless Connector, Neutral Displacement - 100/Bx | BX of 100 | $1.48 | 15 | $9,457 | stand-in |