System and method for inventory planning in a supply chain network
US11216760B1 · kind B1 · utility
0Cited by
4References
20Claims
0Family size
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Key dates
| Filing date | May 3, 2017 |
| Grant date | Jan 4, 2022 |
| Priority date | — |
| Expiry date | Nov 23, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG01N2800/52
- WIPO fieldPharmaceuticals
- WIPO sectorChemistry
Abstract
A system and method are disclosed for searching alternate inventory policies from an initial inventory policy of an inventory of one or more supply chain entities to a target inventory policy by receiving a current state of items in a supply chain network determining an initial inventory policy comprising a reorder point and a target quantity, identifying one or more provisional inventory policies calculating a cost, a fill rate, and a no-stockout probability, and transporting items among the one or more supply chain entities to restock the inventory.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.