Patent · US Active

System and method of root cause analysis of objective violations

US11853940B1 · kind B1 · utility

1Cited by
7References
17Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 12, 2015
Grant dateDec 26, 2023
Priority date
Expiry dateAug 29, 2036

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q10/087
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system and method are disclosed including a supply chain network including one or more entities, one or more items and a plan explainer. The plan explainer generates an optimum inventory level based on a root cause of a goal violation by modeling the supply chain network and one or more business objectives as a hierarchy of objective functions. The plan explainer also solves the hierarchy of objective functions, stores plan explanation data and retrieves the plan explanation data. The plan explainer further generates the root cause of the goal violation by parsing the retrieved plan explanation data and calculates the optimum inventory level based on the root cause of the goal violation. In response to the calculated optimum inventory level, at least one of the one or more entities adjusts inventory levels of the one or more items according to the optimum inventory level. Other embodiments are also disclosed.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.