Naloxone HCl Injection, 0.4 mg/mL, 1 mL Vial

Critical CareVital, 99% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days00641619310

Stock position

On hand
317 vial19.2 days of supply
On order
10 vialfirst arrives Wed Sep 16
Forecast rate
16.5 vial/daynext 30 days
Demand over 4 days
72 viallead time plus review period
Safety stock
34 vialempirical 99th percentile of forecast error
Reorder point
106 vialabove
Stockout
Mon Oct 5
Recommended order
noneby Thu Oct 1
Inventory value
$824at $2.60 per vial

How the forecast was made

Exponential smoothing14% weekly error, under-forecast17% 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 14% on average (31% day by day), and it under-forecast by 10% overall. A same-weekday-last-week guess would have been off by 12%.

Report card, week by week

Week ofUsedForecastErrorError %
Tue Jul 21125114-119%
Tue Jul 28148114-3423%
Tue Aug 4124114-108%
Tue Aug 11150114-3624%
Tue Aug 18118114-43%
Tue Aug 25103114+1111%
Tue Sep 1138114-2417%
Tue Sep 8103114+1111%
All 8 weeks1,009911-9810%

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
02040todayreport 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 34runs out Mon Oct 5tomorrowSat Oct 10
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
L00091161Thu Nov 18430$2.600 vial · $0
L00090156Fri Dec 17459$2.600 vial · $0

Vendors and prices, last 90 days

VendorPart numberVendor descriptionSells byPaid per vialInvoices90-day spendPairing
Harborline Pharmaceuticals00641619310NALOXONE HCL .4 MG/ML VIAL EAEA of 1$2.4231$3,073NDC exact
Cobalt Rx DistributorsCRX-74986NALOXO .4 SDV 10CTPK of 10$2.5114$1,429reviewed 0.90