Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Inventory management
Patent
1995-12-13
2000-03-07
Cosimano, Edward R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Inventory management
235385, 364400, 705 1, 707104, 707200, G06F 1760
Patent
active
060352841
ABSTRACT:
A product rationalization system and method for automatically and objectively determining products sold by an account that are candidates for deletion from the account's inventory includes a memory and a processor communicatively coupled to the memory. The processor has means for associating account data and the product attribute data, where the account data includes an account sort measure for each product of a plurality of account products. Each product identifier of the product attribute data identifies its respective product with a product group consisting of a cluster of products that are considered substitutes for each other. Upon sorting the associated data for the products by product identifier and by account sort measure, a product of each group of products that are considered substitutes is determined to be a candidate for deletion from the account's inventory.
REFERENCES:
patent: 3426326 (1969-02-01), Goldstein
patent: 5537313 (1996-07-01), Pirelli
patent: 5611051 (1997-03-01), Pirelli
patent: 5712989 (1998-01-01), Johnson et al.
patent: 5774868 (1998-06-01), Cragun et al.
patent: 5878401 (1999-03-01), Joseph
Schlueter Andrew C.
Straub David J.
Velsor Donna K.
Cosimano Edward R.
Ralston Purina Company
LandOfFree
System and method for product rationalization does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System and method for product rationalization, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for product rationalization will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-372313