Lidocaine HCl Injection, 1%, 20 mL Vial
Analgesia & AnesthesiaEssential, 95% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days00143917210
Stock position
- On hand
- 1,361 vial16.6 days of supply
- On order
- 0 vialnothing open
- Forecast rate
- 82.0 vial/daynext 30 days
- Demand over 4 days
- 355 viallead time plus review period
- Safety stock
- 95 vialempirical 95th percentile of forecast error
- Reorder point
- 450 vialabove
- Stockout
- Thu Oct 1
- Recommended order
- noneby Tue Sep 29
- Inventory value
- $1,633at $1.20 per vial
How the forecast was made
Exponential smoothing8% weekly error, under-forecast19% 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 (24% day by day), and it under-forecast by 5% overall. A same-weekday-last-week guess would have been off by 9%.
actual forecast, 80% and 95% range what the model said during the report card windowvial/day
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.
| Lot | Quantity | Expires | Days | Unit cost | Projected waste |
|---|---|---|---|---|---|
| L00055 | 448 | Wed Aug 25 | 345 | $1.20 | 0 vial · $0 |
| L00054 | 913 | Fri May 19 | 613 | $1.20 | 0 vial · $0 |
Vendors and prices, last 90 days
| Vendor | Part number | Vendor description | Sells by | Paid per vial | Invoices | 90-day spend | Pairing |
|---|---|---|---|---|---|---|---|
| Harborline Pharmaceuticals | 00143917210 | LIDOCAINE HCL 10 MG/ML VIAL EA | EA of 1 | $1.06 | 31 | $6,529 | stand-in |
| Cobalt Rx Distributors | CRX-89167 | LIDOCA 10 SDV 1CT | EA of 1 | $1.09 | 13 | $2,564 | stand-in |