Sterile Water for Injection, 10 mL Vial
IV FluidsNon-essential, 90% service targetPrimary vendor Harborline Pharmaceuticals, lead 1 day, ordered every 3 days00641614710
Stock position
- On hand
- 3,927 vial21.2 days of supply
- On order
- 0 vialnothing open
- Forecast rate
- 184.9 vial/daynext 30 days
- Demand over 4 days
- 802 viallead time plus review period
- Safety stock
- 129 vialempirical 90th percentile of forecast error
- Reorder point
- 930 vialabove
- Stockout
- Tue Oct 6
- Recommended order
- noneby Sun Oct 4
- Inventory value
- $1,571at $0.40 per vial
How the forecast was made
Exponential smoothing6% weekly error, unbiased66% 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 6% on average (22% day by day), and it showed no systematic bias. A same-weekday-last-week guess would have been off by 18%.
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 |
|---|---|---|---|---|---|
| L00102 | 3,927 | Wed Sep 6 | 723 | $0.40 | 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 | 00641614710 | WATER 1 ML/ML VIAL EA | EA of 1 | $0.36 | 31 | $4,340 | stand-in |
| Cobalt Rx Distributors | CRX-83329 | WATER 1ML/ML SDV 1CT | EA of 1 | $0.37 | 14 | $1,961 | stand-in |