Disposable Underpad, 30 x 36 in
Patient CareNon-essential, 90% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-748762
Stock position
- On hand
- 5,953 each14.6 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 409.0 each/daynext 30 days
- Demand over 9 days
- 3,735 eachlead time plus review period
- Safety stock
- 798 eachempirical 90th percentile of forecast error
- Reorder point
- 4,533 eachabove
- Stockout
- Tue Sep 29
- Recommended order
- noneby Fri Sep 25
- Inventory value
- $1,667at $0.28 per each
How the forecast was made
Exponential smoothing11% weekly error, under-forecast24% 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 11% on average (24% day by day), and it under-forecast by 4% overall. A same-weekday-last-week guess would have been off by 15%.
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-748762 | DISP UNDERPAD 30X36 BG/10 | BG of 10 | $0.25 | 14 | $6,356 | stand-in |
| Northwind Health Distribution | NW3503482 | Disposable Underpad, 30 x 36 in - 100/Cs | CS of 100 | $0.25 | 14 | $2,835 | stand-in |
| Summit Clinical Products | SC-191976 | DISP UNDRPD 30 36 100CS | CS of 100 | $0.26 | 7 | $1,087 | stand-in |