Data processing: generic control systems or specific application – Specific application – apparatus or process – Product assembly or manufacturing
Reexamination Certificate
2008-07-17
2010-10-05
DeCady, Albert (Department: 2121)
Data processing: generic control systems or specific application
Specific application, apparatus or process
Product assembly or manufacturing
C700S106000, C700S108000, C705S002000, C705S028000
Reexamination Certificate
active
07809456
ABSTRACT:
A Managing component supply for complex products is achieved by monitoring the delivery performance of component suppliers and optimizing the times at which orders are placed. Supply delivery performance targets are set for each supplier, and component order times are optimized by 1) optimizing safety stock for each component, 2) calculating optimal times to place supply orders in order to maintain the safety stock level, and then 3) iterating safety stock calculations in order to minimize overall inventory costs and maximize supply availability. The process takes into account supply lead times, component costs, and target tolerances for delays in the assembly of components. The effects of changes in supply lead time performance on assembly schedules are projected for planning purposes.
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Anonymous Supplier Selection & Management Report Improve Suppliers' Performance With These Tips, Tactics, Strategies Jan. 2005, pp. 10-11.
DeCady Albert
Garland Steven R
International Business Machines - Corporation
Kaufman Stephen C.
Whitham Curtis Christofferson & Cook, P.C.
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