Insulin Glargine, 100 units/mL, 10 mL Vial
EndocrineEssential, 95% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days00088222033
Stock position
- On hand
- 110 vial15.8 days of supply
- On order
- 10 vialfirst arrives Mon Sep 14
- Forecast rate
- 7.0 vial/daynext 30 days
- Demand over 4 days
- 31 viallead time plus review period
- Safety stock
- 11 vialempirical 95th percentile of forecast error
- Reorder point
- 42 vialabove
- Stockout
- Wed Sep 30
- Recommended order
- noneby Mon Sep 28
- Inventory value
- $7,150at $65.00 per vial
How the forecast was made
Exponential smoothing14% weekly error, unbiased8% 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 14% on average (38% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 15%.
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 |
|---|---|---|---|---|---|
| L00087 | 110 | Thu Nov 25 | 437 | $65.00 | 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 | 00088222033 | INSULIN GLARGINE 100 [IU]/ML VIAL EA | EA of 1 | $59.59 | 32 | $27,234 | stand-in |
| Cobalt Rx Distributors | CRX-43079 | INSULI 100[IU]/ML SDV 1CT | EA of 1 | $57.38 | 15 | $12,911 | stand-in |