Negative Pressure Wound Therapy Dressing Kit, Medium
Wound CareEssential, 95% service targetPrimary vendor Apex Surgical Direct, lead 21 days, ordered every 30 daysAX8283-689
Stock position
- On hand
- 177 each46.1 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 3.8 each/daynext 30 days
- Demand over 51 days
- 195 eachlead time plus review period
- Safety stock
- 37 eachempirical 95th percentile of forecast error
- Reorder point
- 232 eachbelow: order now
- Stockout
- Sat Oct 31risk: uncovered
- Recommended order
- 11 CSby Wed Sep 30
- Inventory value
- $8,156at $46.08 per each
How the forecast was made
Exponential smoothing23% weekly error, under-forecast13% worse 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 23% on average (57% day by day), and it under-forecast by 10% overall. A same-weekday-last-week guess would have been off by 20%.
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 |
|---|---|---|---|---|---|---|---|
| Apex Surgical Direct | AX8283-689 | Negative Pressure Wound Therapy Dressing Kit, Medium - 5/Cs | CS of 5 | $39.43 | 3 | $16,756 | stand-in |