Enteral Feeding Bag Set, 1000 mL
Urology & DrainageEssential, 95% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-859588
Stock position
- On hand
- 237 each12.6 days of supply
- On order
- 0 eachnothing open
- Forecast rate
- 18.9 each/daynext 30 days
- Demand over 9 days
- 173 eachlead time plus review period
- Safety stock
- 18 eachempirical 95th percentile of forecast error
- Reorder point
- 190 eachabove
- Stockout
- Sun Sep 27
- Recommended order
- noneby Thu Sep 24
- Inventory value
- $972at $4.10 per each
How the forecast was made
Exponential smoothing7% weekly error, unbiased6% 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 7% on average (29% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 8%.
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-859588 | ENT FEED BAG SET 1000 ML CS/30 | CS of 30 | $3.83 | 12 | $4,372 | stand-in |
| Northwind Health Distribution | NW8192561 | Enteral Feeding Bag Set, 1000 mL - 30/Cs | CS of 30 | $4.26 | 14 | $2,428 | stand-in |
Northwind Health Distribution charges $4.2594 per each for this item; Meridian Medical Supply charges $3.8350. That is 11% more on about 2,312 each a year, or $981 a year. No contract is on file for this Northwind Health Distribution line.