Lactated Ringer's Injection, 1000 mL Bag
IV FluidsVital, 99% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days63323016476
Stock position
- On hand
- 3,845 bag16 days of supply
- On order
- 0 bagnothing open
- Forecast rate
- 240.7 bag/daynext 30 days
- Demand over 4 days
- 1,051 baglead time plus review period
- Safety stock
- 391 bagempirical 99th percentile of forecast error
- Reorder point
- 1,442 bagabove
- Stockout
- Wed Sep 30
- Recommended order
- noneby Mon Sep 28
- Inventory value
- $7,498at $1.95 per bag
How the forecast was made
Exponential smoothing10% weekly error, under-forecast6% 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 under-forecast by 7% overall. A same-weekday-last-week guess would have been off by 11%.
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 |
|---|---|---|---|---|---|
| L00096 | 2,260 | Sat Feb 27 | 166 | $1.95 | 0 bag · $0 |
| L00097 | 1,585 | Sun Feb 13 | 517 | $1.95 | 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 | 63323016476 | NA CHLORIDE, NA LACTATE, POTASSIUM CHLORIDE, CALCIUM CHLORIDE 600; 310; 30; 20 MG/100ML; MG/100ML; MG/100ML; MG/100ML BAG EA | EA of 1 | $1.71 | 32 | $28,039 | stand-in |
| Cobalt Rx Distributors | CRX-56193 | SODIUM 600;310;30;20MG/100ML;MG/100ML;MG/100ML;MG/100ML BAG 12CT | CS of 12 | $1.75 | 13 | $11,774 | stand-in |