Patent · US Expired

Inventory management method, system and program

US7603297B2 · kind B2 · utility

1Cited by
0References
18Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 7, 2003
Grant dateOct 13, 2009
Priority date
Expiry dateJan 25, 2026

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/203
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

An inventory management method or system for controlling amounts of stocks is provided. The method comprises the steps of: storing delivery times and quantities of order lots accepted and restock lead times predetermined every item in a storage; selecting at least one order lot accepted, having a delivery time within a period from “b” days before to “a” days after a basic time, from said order lots accepted, to set a threshold value x+yσ1 (where y≧0) based upon both an average x and a standard deviation σ1 of quantities of said selected order lot accepted; classifying at least one order lot accepted having a quantity α of the selected order lot accepted as a normal accepted order lot, wherein the α is less than or equal to said threshold value and classifying at least one order lot accepted having a quantity α of the selected order lot accepted as a special accepted order lot, wherein the α is greater than said threshold value; and calculating a basic stock using a predetermined formula from said classified normal order lot accepted.

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