Method and system for forecasting demand of rotable parts

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20070299716A1
SERIAL NO

11607740

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method for forecasting a demand for rotable parts includes collecting demand data for one or more rotable parts associated with a product inventory. A demand pattern associated with the demand data is identified for each of the one or more rotable parts. A future demand associated with the one or more rotable parts is forecasted for at least one future demand period based on the identified demand pattern. An inventory level associated with each of the one or more rotable parts is established, for the at least one future demand period, a based on the future demand and a predetermined customer service level. The method also includes adjusting a manufacturing schedule associated with the one or more rotable parts based on the established inventory level.

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Patent Owner(s)

Patent OwnerAddress
CATERPILLAR INC100 NE ADAMS STREET PEORIA IL 61629-9510

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Ahlers, Amy Michelle Morton, IL 3 16
Aspinall, Jennifer Katherine East Peoria, IL 3 16
Kopinski, Christopher Paul Peoria, IL 2 10
Osborne, Cassandra Lea East Peoria, IL 4 18
Shorter, Bret Allen Morton, IL 3 16

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