Method, system, and computer program product for performing inventory management
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United States of America Patent
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Feb 26, 2013
Grant Date -
Nov 16, 2006
app pub date -
May 13, 2005
filing date -
May 13, 2005
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A method, system, and computer program product for performing inventory management. The method includes determining excess inventory for a plurality of site locations, determining inventory shortfalls for a plurality of site locations, and applying business logic to the excess inventory resulting in an inventory balancing plan. The inventory balancing plan includes optimal redistribution of excess inventory to site locations determined to be in need of the excess inventory. The method also includes generating and transmitting orders for the excess inventory in accordance with the inventory balancing plan prior to developing a supplier forecast.
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