Resolving demand and supply imbalances
US8214268B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 20, 2009 |
| Grant date | Jul 3, 2012 |
| Priority date | — |
| Expiry date | Mar 3, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0875
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for resolving demand and supply imbalances includes a supply liability reduction process (SLRP) executable upon identifying an excess component inventory liability. The SLRP includes: a procurement and development assessment sub-process that represents a greatest magnitude of liability; a liability council assessment sub-process that represents a magnitude of liability less than that of the procurement and development assessment sub-process; a sales activities sub-process that represents a magnitude of liability less than that of the liability council assessment sub-process; and a liability write-off sub-process that represents a magnitude of liability less than that of the sales activities sub-process. The SLRP performs one or more sub-processes in an order of the magnitude of liability. The sub-process reduces the excess component inventory liability by: determining alternative end products that use components identified in the excess component inventory liability; and executing for enticing sales of alternative end products.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.