Amit J Abhyankar

US Patent:

20030101107, May 29, 2003

Filed:

Nov 29, 2001

Appl. No.:

09/996832

Inventors:

Rishi Agarwal - San Francisco CA, US
Talbot Smith - Sumerset NJ, US
Tanvir Hassan - Alameda CA, US
Sumitha Sampath - Union City CA, US
Bharath Mundlapudi - Union City CA, US
Amit Abhyankar - Hayward CA, US

International Classification:

G06G001/14
G06F017/60

US Classification:

705/028000

Abstract:

An inventory management system and method for maintaining an optimal level of inventory is provided. The invention analyzes a supply chain network to provide an optimal inventory level. The invented method utilizes existing inventory information to calculate an optimal inventory level. The optimal inventory level is used to devise a purchase plan for ordering replenishment inventory. The method also incorporates intra-company lateral transfers into the inventory tracking and ordering requirements. Inventory at multiple locations is considered and used to determine whether transfers of inventory among locations can resolve inventory level issues.