Determining an inventory target for a node of a supply chain

US8452627B2 · kind B2 · utility

Assignee

• JDA Software Group, Inc. · US

Inventors

• Koray Dogan · Boston, US
• Adeel Najmi · Plano, US
• Mehdi Sheikhzadeh · Irving, US
• Ramesh Raman · Redwood City, US

Key dates

• Filing date: Jun 18, 2011
• Grant date: May 28, 2013
• Expiry date: Jun 18, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0202
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Determining an inventory target for a node of a supply chain includes calculating a demand stock for satisfying a demand over supply lead time at the node of the supply chain, and calculating a demand variability stock for satisfying a demand variability of the demand over supply lead time at the node. A demand bias of the demand at the node is established. An inventory target for the node is determined based on the demand stock and the demand variability stock in accordance with the demand bias.