Method, system, and storage medium for facilitating excess inventory utilization in a manufacturing environment
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United States of America Patent
Stats
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Nov 8, 2011
Grant Date -
Jul 3, 2008
app pub date -
Mar 4, 2008
filing date -
Aug 1, 2002
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A method and storage medium for utilizing excess inventory of parts that are used in end products and having part identifiers are provided. The method includes identifying an excess inventory of parts including part identifiers and a quantity associated with each part identifier. The method also includes identifying potential end products for manufacture comprising a Bill of Materials (BOM) for each end product and where each BOM calls out at least one part identifier in the excess inventory of parts. The method further includes determining a build plan including one or more of the potential end products, the build plan optimized to specific criteria and utilizing an amount of the excess inventory whereby the specific criteria include maximizing the quantity of the excess inventory utilized without exceeding a specific dollar value of additional parts purchased to produce the build plan.
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