Patent · US Expired

Closed loop demand fulfillment system and method

US6920427B2 · kind B2 · utility

17Cited by
1References
28Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 1, 2001
Grant dateJul 19, 2005
Priority date
Expiry dateSep 19, 2023

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0201
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A demand fulfillment system and method to provide current supply and demand to generate a work schedule and a material delivery schedule for manufacturing items, particularly commodities, built to customer order. The demand fulfillment system and method uses outstanding customer orders for items as an accurate measure of current demand, and a current state of an available inventory of material for producing the items as an accurate measure of current supply. Customer orders are considered a source of demand from the time the customer order is received until the customer order is fulfilled. Material available to the factory is considered to be part of supply regardless of location of the material. A work schedule and a material delivery schedule are generated periodically using the current state of the available inventory and outstanding customer orders to keep up with consumption of materials and fulfillment of customer orders.

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