Levofloxacin in Dextrose, 750 mg/150 mL Bag
Anti-infectivesEssential, 95% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days00143931724
Stock position
- On hand
- 232 bag16.5 days of supply
- On order
- 17 bagfirst arrives Tue Sep 15
- Forecast rate
- 14.0 bag/daynext 30 days
- Demand over 4 days
- 60 baglead time plus review period
- Safety stock
- 22 bagempirical 95th percentile of forecast error
- Reorder point
- 82 bagabove
- Stockout
- Fri Oct 2
- Recommended order
- noneby Wed Sep 30
- Inventory value
- $1,508at $6.50 per bag
How the forecast was made
Exponential smoothing16% weekly error, under-forecast7% 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 16% on average (34% day by day), and it under-forecast by 5% 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 windowbag/day
Projected on hand, bag: 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.
| Lot | Quantity | Expires | Days | Unit cost | Projected waste |
|---|---|---|---|---|---|
| L00029 | 137 | Thu Dec 31 | 108 | $6.50 | 0 bag · $0 |
| L00030 | 95 | Mon Feb 14 | 518 | $6.50 | 0 bag · $0 |
Vendors and prices, last 90 days
| Vendor | Part number | Vendor description | Sells by | Paid per bag | Invoices | 90-day spend | Pairing |
|---|---|---|---|---|---|---|---|
| Harborline Pharmaceuticals | 00143931724 | LEVOFLOXACIN 750 MG/150ML BAG EA | EA of 1 | $6.04 | 31 | $6,109 | stand-in |
| Cobalt Rx Distributors | CRX-64858 | LEVOFL 750MG/150ML BAG 1CT | EA of 1 | $6.46 | 13 | $2,744 | stand-in |
Cobalt Rx Distributors charges $6.4571 per bag for this item; Harborline Pharmaceuticals charges $6.0423. That is 7% more on about 1,724 bag a year, or $715 a year.