Inventory management method, system and program

Details Inventory management method, system and program Inventory management method, system and program

2003-10-07

2009-10-13

Zeender, F. (Department: 3627)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Inventory management

C705S022000, C235S385000

Reexamination Certificate

active

07603297

ABSTRACT:
An inventory management method or system for controlling amounts of stocks is provided. The method comprises the steps of: storing delivery times and quantities of order lots accepted and restock lead times predetermined every item in a storage; selecting at least one order lot accepted, having a delivery time within a period from “b” days before to “a” days after a basic time, from said order lots accepted, to set a threshold value x+yσ1(where y≧0) based upon both an average x and a standard deviation σ1of quantities of said selected order lot accepted; classifying at least one order lot accepted having a quantity α of the selected order lot accepted as a normal accepted order lot, wherein the α is less than or equal to said threshold value and classifying at least one order lot accepted having a quantity α of the selected order lot accepted as a special accepted order lot, wherein the α is greater than said threshold value; and calculating a basic stock using a predetermined formula from said classified normal order lot accepted.

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