Suction Catheter, 14 Fr, Closed System
RespiratoryEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-781427
Stock position
- On hand
- 1,391 each17.8 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 78.3 each/daynext 30 days
- Demand over 9 days
- 720 eachlead time plus review period
- Safety stock
- 115 eachempirical 95th percentile of forecast error
- Reorder point
- 835 eachabove
- Stockout
- Fri Oct 2
- Recommended order
- noneby Tue Sep 29
- Inventory value
- $974at $0.70 per each
How the forecast was made
Exponential smoothing8% weekly error, unbiased25% 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 8% on average (28% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 10%.
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-781427 | SUCT CATH 14 FR CLSD SYS CS/50 | CS of 50 | $0.62 | 13 | $3,163 | stand-in |
| Northwind Health Distribution | NW2373805 | Suction Catheter, 14 Fr, Closed System - 50/Cs | CS of 50 | $0.61 | 14 | $1,470 | stand-in |