Blood Pressure Cuff, Disposable, Adult
Patient CareNon-essential, 90% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-206010
Stock position
- On hand
- 224 each10 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 22.5 each/daynext 30 days
- Demand over 9 days
- 207 eachlead time plus review period
- Safety stock
- 12 eachempirical 90th percentile of forecast error
- Reorder point
- 219 eachabove
- Stockout
- Thu Sep 24
- Recommended order
- noneby Tue Sep 22
- Inventory value
- $1,075at $4.80 per each
How the forecast was made
Exponential smoothing8% weekly error, over-forecast67% 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 (27% day by day), and it over-forecast by 6% overall. A same-weekday-last-week guess would have been off by 25%.
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-206010 | BLD PRESS CUFF DISP ADLT BX/20 | BX of 20 | $4.33 | 13 | $6,500 | stand-in |
| Northwind Health Distribution | NW7282704 | Blood Pressure Cuff, Disposable, Adult - 20/Bx | BX of 20 | $4.50 | 13 | $2,879 | stand-in |