Method, system, and storage medium for facilitating excess inventory utilization in a manufacturing environment
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United States of America Patent
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May 13, 2008
Grant Date -
Feb 5, 2004
app pub date -
Aug 1, 2002
filing date -
Aug 1, 2002
priority date (Note) -
Expired
status (Latency Note)
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Abstract
An exemplary embodiment of the invention relates to a method, system and storage medium for utilizing excess inventory comprising parts used in end products. The method comprises: translating sales specific terminology describing end products into bill of material terminology describing parts used in end products via a bill of material structure; and, utilizing the bill of material structure, determining an optimal build plan for end items that, if built, would consume a desired quantity and/or type of excess inventory. The invention also comprises a system and storage medium.
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