Epinephrine Injection, 1 mg/mL, 1 mL Vial
Critical CareVital, 99% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days00143931810
Stock position
- On hand
- 667 vial22.8 days of supply
- On order
- 0 vialnothing open
- Forecast rate
- 29.2 vial/daynext 30 days
- Demand over 4 days
- 126 viallead time plus review period
- Safety stock
- 32 vialempirical 99th percentile of forecast error
- Reorder point
- 159 vialabove
- Stockout
- Wed Oct 7
- Recommended order
- noneby Mon Oct 5
- Inventory value
- $1,601at $2.40 per vial
How the forecast was made
Exponential smoothing9% weekly error, unbiased3% 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 9% on average (24% day by day), and it showed no systematic bias. 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 |
|---|---|---|---|---|---|
| L00064 | 667 | Tue Apr 20 | 218 | $2.40 | 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 | 00143931810 | NOREPINEPHRINE BITARTRATE 1 MG/ML VIAL EA | EA of 1 | $2.75 | 134 | $20,568 | stand-in |
| Cobalt Rx Distributors | CRX-42737 | NOREPI 1 SDV 1CT | EA of 1 | $2.26 | 14 | $1,845 | stand-in |
| Summit Clinical Products | SC-594280 | NOREPI 1 SDV 1CT | EA of 1 | $2.25 | 7 | $564 | stand-in |
Harborline Pharmaceuticals charges $2.7454 per vial for this item; Summit Clinical Products charges $2.2466. That is 22% more on about 30,384 vial a year, or $15,156 a year.