Prefilled Saline Flush Syringe, 10 mL
Injection & SharpsVital, 99% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-596692
Stock position
- On hand
- 11,472 each15.2 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 755.5 each/daynext 30 days
- Demand over 9 days
- 6,925 eachlead time plus review period
- Safety stock
- 1,351 eachempirical 99th percentile of forecast error
- Reorder point
- 8,276 eachabove
- Stockout
- Wed Sep 30
- Recommended order
- noneby Sat Sep 26
- Inventory value
- $5,507at $0.48 per each
How the forecast was made
Exponential smoothing10% weekly error, under-forecast59% 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 10% on average (24% day by day), and it under-forecast by 3% overall. A same-weekday-last-week guess would have been off by 23%.
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-596692 | PREFILL NS FLUSH SYR 10 ML BX/30 | BX of 30 | $0.49 | 14 | $28,028 | stand-in |
| Summit Clinical Products | SC-338447 | PREFILL NS FLSH SYR 10 ML 180CS | CS of 180 | $0.62 | 7 | $13,712 | stand-in |
Summit Clinical Products charges $0.6244 per each for this item; Meridian Medical Supply charges $0.4902. That is 27% more on about 89,060 each a year, or $11,954 a year. No contract is on file for this Summit Clinical Products line.