Management method for sourced inventory

Details Management method for sourced inventory Management method for sourced inventory

2006-06-20

2010-10-19

Refai, Ramsey (Department: 3627)

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

Automated electrical financial or business practice or...

Inventory management

C705S022000

Reexamination Certificate

active

07818220

ABSTRACT:
A collaborative inventory management method for managing material inventory sourced by a customer from a plurality of suppliers includes: designating at least one supplier as a steady supplier to the customer; designating at least one second supplier as a lead supplier to the customer; allocating a supply split between the steady supplier and the lead supplier for supplying material to customer over a period of time; providing customer inventory level data (I) and usage forecast data (U) from the customer to the lead supplier; providing a customer shipment schedule to the steady supplier; providing an order create (OC) and ship notice (SN) from the steady supplier to the customer; transforming the (OC) and (SN) to contain selective quantity and date of shipment data (Q/D); sending Q/D data to the lead supplier; and planning by the lead supplier of shipments to manage (I) responsive to actual usage by the customer and shipment of material from the steady supplier to customer and in accordance with the supply split.

REFERENCES:
patent: 5699259 (1997-12-01), Colman et al.
patent: 7069230 (2006-06-01), Krystek et al.
patent: 7212976 (2007-05-01), Scheer
patent: 7587341 (2009-09-01), Wagner et al.
patent: 2002/0072988 (2002-06-01), Aram
patent: 2007/0129985 (2007-06-01), Helmolt et al.

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