Cost optimization system for supplying parts

Details Cost optimization system for supplying parts Cost optimization system for supplying parts

1989-10-23

1991-11-05

Smith, Jerry

Boots, shoes, and leggings

364401, 364403, G06F 1524

Patent

active

050635069

ABSTRACT:
A cost estimation system estimates the cost of supplying parts to a manufacturing facility. The system comprises a first database for storing cost information for various supply methods including air freight, ocean freight, land freight, warehouse storage, plant storage and material handling costs. A user selects a supply method for the parts, and has the option to select a percentage of one type of transportation and a percentage of an alternate type of transportation to serve as a back-up. A user also enters delivery frequency data indicating one or more frequencies of delivery to base a cost estimation. A computer processor then estimates the cost of supplying the parts at the one or more frequencies of delivery and the selected supply method. Finally, the cost estimates are presented to a user.

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Ship Smart Program--Burlington Northern.
Lotus Spread Sheet.

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