Determining order lead time for a supply chain using a probability distribution of order lead time
US7941331B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 29, 2004 |
| Grant date | May 10, 2011 |
| Priority date | — |
| Expiry date | Dec 25, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In one embodiment, determining order lead time for a supply chain includes generating probability distribution for expected order lead time options, where each probability distribution for expected order lead time option is associated with a category. A category that corresponds to a supply chain is identified. The supply chain has nodes, including a starting node and an ending node that supplies a customer, and designates a path from the starting node to the ending node. A probability distribution for expected order lead time option associated with the identified category is selected as a probability distribution for expected order lead time for the supply chain. The probability distribution for expected order lead time describes ending node demand for the ending node versus order lead time.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.