Method, system, and storage medium for facilitating excess inventory utilization in a manufacturing environment
US7373371B2 · kind B2 · utility
11Cited by
25References
6Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Aug 1, 2002 |
| Grant date | May 13, 2008 |
| Priority date | — |
| Expiry date | Feb 8, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0875
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An exemplary embodiment of the invention relates to a method, system and storage medium for utilizing excess inventory comprising parts used in end products. The method comprises: translating sales specific terminology describing end products into bill of material terminology describing parts used in end products via a bill of material structure; and, utilizing the bill of material structure, determining an optimal build plan for end items that, if built, would consume a desired quantity and/or type of excess inventory. The invention also comprises a system and storage medium.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.