Skin Stapler, 35 Wide, Disposable
SurgicalEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-222987
Stock position
- On hand
- 95 each11.9 days of supply
- On order
- 6 eachfirst arrives Mon Sep 14
- Forecast rate
- 8.0 each/daynext 30 days
- Demand over 9 days
- 76 eachlead time plus review period
- Safety stock
- 6 eachempirical 95th percentile of forecast error
- Reorder point
- 83 eachabove
- Stockout
- Fri Sep 25
- Recommended order
- noneby Wed Sep 23
- Inventory value
- $1,093at $11.50 per each
How the forecast was made
Exponential smoothing12% weekly error, unbiased16% 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 (32% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 14%.
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-222987 | SKIN STAPLER 35 W DISP BX/6 | BX of 6 | $9.75 | 13 | $5,087 | stand-in |
| Northwind Health Distribution | NW0980767 | Skin Stapler, 35 Wide, Disposable - 6/Bx | BX of 6 | $10.25 | 14 | $2,460 | stand-in |
Northwind Health Distribution charges $10.2495 per each for this item; Meridian Medical Supply charges $9.7456. That is 5% more on about 973 each a year, or $490 a year.