Straight Catheter, 14 Fr, Intermittent
Urology & DrainageNon-essential, 90% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-191314
Stock position
- On hand
- 362 each12.2 days of supply
- On order
- 30 eachfirst arrives Wed Sep 16
- Forecast rate
- 29.6 each/daynext 30 days
- Demand over 9 days
- 272 eachlead time plus review period
- Safety stock
- 97 eachempirical 90th percentile of forecast error
- Reorder point
- 368 eachabove
- Stockout
- Mon Sep 28
- Recommended order
- noneby Tue Sep 22
- Inventory value
- $434at $1.20 per each
How the forecast was made
Exponential smoothing14% weekly error, under-forecast22% 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 14% on average (23% day by day), and it under-forecast by 9% overall. A same-weekday-last-week guess would have been off by 17%.
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-191314 | STR CATH 14 FR INTERM BX/30 | BX of 30 | $1.12 | 13 | $2,413 | stand-in |
| Northwind Health Distribution | NW6060376 | Straight Catheter, 14 Fr, Intermittent - 30/Bx | BX of 30 | $1.13 | 13 | $1,083 | stand-in |