Profit optimization system for supply chains with limited...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S001100, C705S026640, C705S028000, C705S400000, C717S105000

Reexamination Certificate

active

07921030

ABSTRACT:
A computer-based profit optimization model is provided that takes account of supply-side and demand-side factors in optimizing profit for an organization. The model takes into account which parts the organization uses to assemble various products. Demand curves are used to characterize the quantity of each product that will be demanded for various classes of product and classes of customer. Supply model data is used to determine which mix of products can be sold in view of parts availability. Using the demand model and supply model data, the optimization model can recommend a set of prices to use for selling the organization's products to various customers and at various shipment times. The model ensures that the organization has sufficient resources available to produce the products and enforces user-supplied business rules and other constraints.

REFERENCES:
patent: 5287267 (1994-02-01), Jayaraman et al.
patent: 5604854 (1997-02-01), Glassey
patent: 5630070 (1997-05-01), Dietrich et al.
patent: 5926822 (1999-07-01), Garman
patent: 6092050 (2000-07-01), Lungren et al.
patent: 6167380 (2000-12-01), Kennedy et al.
patent: 6456982 (2002-09-01), Pilipovic
patent: 6553352 (2003-04-01), Delurgio et al.
patent: 6606527 (2003-08-01), de Andrade et al.
patent: 6851604 (2005-02-01), Girotto et al.
patent: 6892195 (2005-05-01), Lee et al.
patent: 7249068 (2007-07-01), Kakouros et al.
patent: 7552095 (2009-06-01), Kalyan
patent: 7590937 (2009-09-01), Jacobus et al.
patent: 7593871 (2009-09-01), Mesaros
patent: 7693748 (2010-04-01), Mesaros
patent: 2001/0037321 (2001-11-01), Fishman et al.
patent: 2003/0110072 (2003-06-01), Delurgio et al.
patent: 2003/0110104 (2003-06-01), King et al.
patent: 2006/0173728 (2006-08-01), An et al.
patent: 09073491 (1997-03-01), None
“Ventura Foods, LLC Selects Pricing and Promotion Optimization Solution from SignalDemand”, Apr. 10, 2006; 2 pgs.
Stahl, Nicole Zaro; “Programs for Profit: Software Helps Improve the Bottom Line”, Dec. 2006, Meat Processing, pp. 37-39 (2 pgs).
“SignalDemand Closes $7.5 Million in Series B Funding: Financing to Expand Development of Sales and Profit Optimization Software for Food and Consumer Goods Manufacturers”, Jan. 23, 2006, Business Wire, BNET, 5 pgs.
U.S. Appl. No. 11/200,548, filed Aug. 9, 2005, Verma et al.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Profit optimization system for supply chains with limited... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Profit optimization system for supply chains with limited..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Profit optimization system for supply chains with limited... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2678529

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.