Sodium Chloride Injection, 0.9%, 1000 mL Bag
IV FluidsVital, 99% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days46163030010
Stock position
- On hand
- 7,230 bag17.1 days of supply
- On order
- 0 bagnothing open
- Forecast rate
- 422.0 bag/daynext 30 days
- Demand over 4 days
- 1,817 baglead time plus review period
- Safety stock
- 725 bagempirical 99th percentile of forecast error
- Reorder point
- 2,542 bagabove
- Stockout
- Thu Oct 1
- Recommended order
- noneby Tue Sep 29
- Inventory value
- $13,376at $1.85 per bag
How the forecast was made
Exponential smoothing10% weekly error, unbiased5% 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 10% on average (27% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 10%.
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 |
|---|---|---|---|---|---|
| L00092 | 4,071 | Tue Dec 15 | 92 | $1.85 | 0 bag · $0 |
| L00093 | 3,159 | Fri Jan 15 | 123 | $1.85 | 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 | 46163030010 | NA CHLORIDE 900 MG/100ML BAG EA | EA of 1 | $1.63 | 31 | $41,459 | stand-in |
| Cobalt Rx Distributors | CRX-25945 | SODIUM 900MG/100ML BAG 12CT | CS of 12 | $2.18 | 13 | $37,858 | stand-in |
Cobalt Rx Distributors charges $2.1802 per bag for this item; Harborline Pharmaceuticals charges $1.6317. That is 34% more on about 70,421 bag a year, or $38,631 a year. No contract is on file for this Cobalt Rx Distributors line.