System and method of root cause analysis of objective violations
US11853940B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 12, 2015 |
| Grant date | Dec 26, 2023 |
| Priority date | — |
| Expiry date | Aug 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.