Method, system, and storage medium for facilitating excess inventory utilization in a manufacturing environment
US8055522B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 4, 2008 |
| Grant date | Nov 8, 2011 |
| Priority date | — |
| Expiry date | Sep 8, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0875
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and storage medium for utilizing excess inventory of parts that are used in end products and having part identifiers are provided. The method includes identifying an excess inventory of parts including part identifiers and a quantity associated with each part identifier. The method also includes identifying potential end products for manufacture comprising a Bill of Materials (BOM) for each end product and where each BOM calls out at least one part identifier in the excess inventory of parts. The method further includes determining a build plan including one or more of the potential end products, the build plan optimized to specific criteria and utilizing an amount of the excess inventory whereby the specific criteria include maximizing the quantity of the excess inventory utilized without exceeding a specific dollar value of additional parts purchased to produce the build plan.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.