Method and system for managing material movement and inventory

Details Method and system for managing material movement and inventory Method and system for managing material movement and inventory

2011-03-08

2011-03-08

Gart, Matthew S (Department: 3687)

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

Automated electrical financial or business practice or...

Accounting

C705S016000

Reexamination Certificate

active

07904352

ABSTRACT:
A method is provided that involves entering input data into a computer program including at least one of item number, manufacturing cost, material demand, supplier site, shipping frequency, transit time, and container cost, determining material management costs for a plurality of shipment options, and outputting from the computer program at least one of a first set of material management data based on the input shipping frequency and at least one of a second set of material management data based on an optimized shipping frequency of full inbound containers. A corresponding system is also disclosed. The method and system are useful for managing material movement and inventory.

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Kerstin Gustafsson, Gunilla Jönson, David Smith, Leigh Sparks. Retailing Logistics and Fresh Food Packaging : Managing Change in the Supply Chain. London: 2006. p. 39, 29 pgs.

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