Vendor-managed inventory system and method
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United States of America Patent
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N/A
Issued Date -
Nov 25, 2004
app pub date -
May 24, 2004
filing date -
May 23, 2003
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A vendor-managed inventory system includes a VMI hub system (10), a buyer system (20), a plurality of vendor systems (30) and an external network (40) interconnecting all these systems. The VMI hub system stores and manages materials for the buyer system and the vendor systems, which can significantly reduce inventory control costs for the systems at the same time. The VMI hub system has a hub server (100) including a current period inventory setting module (1000), a material requirements information management module (1002), an inventory information processing module (1004), an alert signal generating module (1006), a delivery information management module (1008), and an inventory information updating module (1010). A related vendor-managed inventory method is also disclosed in the present invention.
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