Method and system for determining inventory health with...

Details Method and system for determining inventory health with... Method and system for determining inventory health with...

2005-12-12

2009-06-09

Labaze, Edwyn (Department: 2887)

Registers

Systems controlled by data bearing records

Mechanized store

C235S375000, C235S379000, C235S385000, C705S022000, C705S028000

Reexamination Certificate

active

07543743

ABSTRACT:
A method and system for determining inventory health with respect to a disposition channel. A method may include specifying a target inventory level of an inventory item; determining a rate of sales demand of the item; and determining a breakeven holding time of units of the item in excess of the target level, where a cost of holding a unit until the breakeven holding time equals, within an equality threshold, a difference between a sales channel value and a disposition channel value for the item. The method may additionally include determining a healthy inventory level of the item that exceeds the target inventory level by the product of the sales demand rate and the breakeven holding time, and, if a current inventory level of the item exceeds the healthy level, disposing of excess units of the item via the disposition channel.

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