Feedback control theoretic parts inventory management model
US8473373B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 27, 2006 |
| Grant date | Jun 25, 2013 |
| Priority date | — |
| Expiry date | Feb 20, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for calibrating an inventory planning model in a parts supply chain. The inventory planning model is determined based on certain input. A performance monitor measures the parts supply chain and provides performance metrics. The movement of parts through the parts supply chain is also monitored by a supply chain visibility system that keeps track of actual supply chain conditions. Both information on the actual supply chain conditions and the performance metrics is sent to a feedback filter that formats the information into an appropriate form. The feedback from the feedback filter is sent to a feedback controller. Based on the feedback information and the input, the feedback controller adjusts the input of the inventory planning model while determining how frequently the inventory planning model is calibrated and how the inventory planning model is calibrated.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.