System and method for maintaining inventory management records based on demand

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8302861
APP PUB NO 20080290162A1
SERIAL NO

11752140

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Abstract

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A computer implemented system and method for managing inventory includes determining a value for a parameter indicative of a response time associated with at least one transaction for an item of inventory. In conjunction with executing any particular transaction, an inventory update method is selected from a plurality of inventory update methods based at least in part on the determined value. A record indicative of an inventory level of the item is modified according to the selected inventory update method. A first inventory update method alters a locked inventory record and a second inventory update method alters a freely accessible proxy for the locked inventory record.

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Patent Owner(s)

  • AT&T KNOWLEDGE VENTURES, L.P.;IBM INTERNATIONAL GROUP BV

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Damodaran, Suresh K Acton, US 15 87
Kapoor, Nitin Somerville, US 2 6
Siotia, Sanjeev South Borough, US 7 219

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