Azithromycin for Injection, 500 mg Vial

Anti-infectivesEssential, 95% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days63323039810

Stock position

On hand
229 vial13.8 days of supply
On order
0 vialnothing open
Forecast rate
16.6 vial/daynext 30 days
Demand over 4 days
73 viallead time plus review period
Safety stock
8 vialempirical 95th percentile of forecast error
Reorder point
80 vialabove
Stockout
Mon Sep 28
Recommended order
noneby Sun Sep 27
Inventory value
$1,191at $5.20 per vial

How the forecast was made

Exponential smoothing34% weekly error, over-forecast29% worse 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 34% on average (46% day by day), and it over-forecast by 29% overall. A same-weekday-last-week guess would have been off by 26%.

Report card, week by week

Week ofUsedForecastErrorError %
Tue Jul 21104141+3736%
Tue Jul 2874141+6791%
Tue Aug 4109140+3128%
Tue Aug 1180140+6075%
Tue Aug 18151140-117%
Tue Aug 25105140+3533%
Tue Sep 1148140-85%
Tue Sep 898140+4243%
All 8 weeks8691,123+25429%

Weekly totals in vial. Error is forecast minus what was used, so a positive number means the model ran high. This window was hidden from the model when it was fit.

Demand forecast

last 180 days and the next 30
02245todayreport card windowThu Mar 19Wed Oct 14
actual forecast, 80% and 95% range what the model said during the report card windowvial/day

The model only knows the usage history. If you know something it does not, a coming surge, a new service line, a product being dropped, adjust the forecast and the stock math follows.

Projected on hand

0safety stock 8runs out Mon Sep 28tomorrowSat Oct 3
Projected on hand, vial: today's stock plus open orders on their expected dates, minus the forecast, day by day.

Lots and expiry

Earliest-expiry-first simulation against the forecast. Waste is what remains in a lot on its expiry date.

LotQuantityExpiresDaysUnit costProjected waste
L00027100Tue Feb 16155$5.200 vial · $0
L00028129Sat May 6600$5.200 vial · $0

Vendors and prices, last 90 days

VendorPart numberVendor descriptionSells byPaid per vialInvoices90-day spendPairing
Harborline Pharmaceuticals63323039810AZITHROMYCIN MONOHYDRATE 500 MG/5ML VIAL EAEA of 1$4.9031$5,691NDC exact
Cobalt Rx DistributorsCRX-56356AZITHR 500MG/5ML SDV 1CTEA of 1$5.1014$2,744reviewed 0.90