SupplyIQCascade Ridge Medical Center
Today

Blood Collection Tube, Light Blue (Citrate), 2.7 mL

Lab & SpecimenEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-636191

Stock position

On hand
5,859 each21.8 days of supply
On order
0 eachnothing open
Forecast rate
269.1 each/daynext 30 days
Demand over 9 days
2,449 eachlead time plus review period
Safety stock
648 eachempirical 95th percentile of forecast error
Reorder point
3,097 eachabove
Stockout
Tue Oct 6
Recommended order
noneby Fri Oct 2
Inventory value
$1,172at $0.20 per each

How the forecast was made

Exponential smoothing12% weekly error, under-forecast5% 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 12% on average (26% day by day), and it under-forecast by 11% overall. A same-weekday-last-week guess would have been off by 13%.

0313626todayreport card windowThu Mar 19Wed Oct 14
actual forecast, 80% and 95% range what the model said during the report card windoweach/day
0safety stock 648runs out Tue Oct 6tomorrowSun Oct 11
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
L000061,851Tue Dec 2299$0.200 each · $0
L000054,008Fri Oct 15396$0.200 each · $0

Vendors and prices, last 90 days

VendorPart numberVendor descriptionSells byPaid per eachInvoices90-day spendPairing
Meridian Medical SupplyMMS-636191BLD COLL TUBE LIGHT BLUE CIT 2.7 ML BX/100BX of 100$0.1814$3,504stand-in
Northwind Health DistributionNW0881327Blood Collection Tube, Light Blue (Citrate), 2.7 mL - 100/BxBX of 100$0.1913$1,408stand-in