Method for managing returns

Details Method for managing returns Method for managing returns

2003-07-02

2010-10-26

Frenel, Vanel (Department: 3687)

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

Automated electrical financial or business practice or...

Inventory management

C235S375000

Reexamination Certificate

active

07822651

ABSTRACT:
There are many situations where returns are needed to further business or other objectives. For example, in remanufacturing businesses, cores are rebuilt into remanufactured parts that are sold. To sustain remanufacturing, cores must be obtained. One way to assure a supply is to collect a deposit against a core return when a remanufactured part is sold. Tracking of cores and the associated liabilities for the deposits is complex. It is also beneficial to control the liabilities. Provided are systems, methods and steps that enable tracking and other effective management techniques to assure returns and liabilities are managed. In one embodiment, each core and an associated entitlement representative of a liability are tracked. Price changes can be made on core deposits without affecting the ability to control liabilities. The systems, processes and methods lend themselves to computer implementation and use in large businesses.

REFERENCES:
patent: 5974395 (1999-10-01), Bellini et al.
patent: 6269344 (2001-07-01), Junger
patent: 6341271 (2002-01-01), Salvo et al.
patent: 6463421 (2002-10-01), Junger
patent: 6536659 (2003-03-01), Hauser et al.
patent: 6543683 (2003-04-01), Hoffman

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