SupplyIQCascade Ridge Medical Center
Today

Blood Culture Bottle Set, Aerobic/Anaerobic

Lab & SpecimenEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-449208

Stock position

On hand
484 pair11 days of supply
On order
0 pairnothing open
Forecast rate
43.9 pair/daynext 30 days
Demand over 9 days
404 pairlead time plus review period
Safety stock
63 pairempirical 95th percentile of forecast error
Reorder point
467 pairabove
Stockout
Fri Sep 25
Recommended order
noneby Tue Sep 22
Inventory value
$2,517at $5.20 per pair

How the forecast was made

Exponential smoothing10% weekly error, unbiased11% 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 (27% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 12%.

052104todayreport card windowThu Mar 19Wed Oct 14
actual forecast, 80% and 95% range what the model said during the report card windowpair/day
0safety stock 63runs out Fri Sep 25tomorrowWed Sep 30
Projected on hand, pair: 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
L00009484Fri Apr 23221$5.200 pair · $0

Vendors and prices, last 90 days

VendorPart numberVendor descriptionSells byPaid per pairInvoices90-day spendPairing
Meridian Medical SupplyMMS-449208BLD CULT BTL SET AER/ANAER CS/50CS of 50$4.6913$12,436stand-in
Northwind Health DistributionNW4549791Blood Culture Bottle Set, Aerobic/Anaerobic - 50/CsCS of 50$5.0113$5,257stand-in
Summit Clinical ProductsSC-076894BLD CULT BTL SET AER/ANAER 50CSCS of 50$5.027$2,508stand-in

Northwind Health Distribution charges $5.0071 per pair for this item; Meridian Medical Supply charges $4.6929. That is 7% more on about 4,258 pair a year, or $1,338 a year.

Summit Clinical Products charges $5.0167 per pair for this item; Meridian Medical Supply charges $4.6929. That is 7% more on about 2,028 pair a year, or $657 a year.