SupplyIQCascade Ridge Medical Center
Today

Chlorhexidine Gluconate Applicator, 3 mL

IV TherapyEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-094709

Stock position

On hand
5,214 each88.3 days of supply
On order
50 eachfirst arrives Mon Sep 14
Forecast rate
59.1 each/daynext 30 days
Demand over 9 days
538 eachlead time plus review period
Safety stock
86 eachempirical 95th percentile of forecast error
Reorder point
625 eachabove
Stockout
Sun Dec 13
Recommended order
noneby Wed Dec 9
Inventory value
$10,949at $2.10 per each

How the forecast was made

Exponential smoothing9% weekly error, under-forecast0% 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 (24% day by day), and it under-forecast by 4% overall. A same-weekday-last-week guess would have been off by 9%.

078156todayreport card windowThu Mar 19Wed Oct 14
actual forecast, 80% and 95% range what the model said during the report card windoweach/day
0safety stock 86tomorrowWed Oct 14
Projected on hand, each: today's stock plus open orders on their expected dates, minus the forecast, day by day.

Lots and expiry

Earliest-expiry-first simulation against the forecast. Waste is what remains in a lot on its expiry date.

LotQuantityExpiresDaysUnit costProjected waste
L000014,000Thu Oct 2945$2.101,347 each · $2,828
L000021,214Sat Jul 31320$2.100 each · $0

Vendors and prices, last 90 days

VendorPart numberVendor descriptionSells byPaid per eachInvoices90-day spendPairing
Meridian Medical SupplyMMS-094709CHG GLUC APPL 3 ML BX/25BX of 25$1.8913$6,723stand-in
Northwind Health DistributionNW6668138Chlorhexidine Gluconate Applicator, 3 mL - 25/BxBX of 25$1.9613$2,935stand-in
Summit Clinical ProductsSC-755905CHG GLUC APPL 3 ML 25BXBX of 25$1.986$1,042stand-in