Just-in-time requisition and inventory management system
US5712989A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Apr 2, 1993 |
| Grant date | Jan 27, 1998 |
| Priority date | — |
| Expiry date | Apr 2, 2013 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/203
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In accordance with the present invention, a requisition and inventory management system is provided which employs both a host computer and a local computer which can be linked to permit two-way data communications in a real time environment. Each computer has an associated database which can be accessed by that computer. By accessing its respective database, each computer can build and transmit to the other computer communications blocks of data relating to a particular requisition of an item in Just-in-Time (JIT) inventory or to the management of the JIT inventory. The other computer can then use the received data to continue processing of the requisition or to update its JIT inventory records. Thus requisition records are created from a real-time interaction between the host and local computers, with each computer using data from its respective database in conjunction with information entered by a Customer Service Representative (CSR) operating the local computer. The system of the present invention also utilizes means for automatically determining which items in the JIT inventory are likely to require replenishment. The system then proposes a purchase or transfer order for an op…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.