Enhanced vendor managed inventory system and process
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United States of America Patent
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N/A
Issued Date -
Jun 12, 2003
app pub date -
Oct 21, 2002
filing date -
Oct 23, 2001
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The invention is directed to inventory management associated with providing components and materials ('components') to customers, with particular regard to monitoring and managing value-added services, for example programming, assembly and aggregating services that are performed on the components, and further to disseminating information directed to inventory management. The present invention effectively reduces the required number of inventory storage locations compared to prior inventory management systems. Additionally, information sharing directed to customer demands, inventory levels, advance shipping notices, work in process, and delivery and replenishment is improved by processes of the present invention. Moreover, the invention provides direct replenishment of inventory after components are delivered to customers.
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