Systems and methods for virtual inventory management
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United States of America Patent
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Jun 3, 2014
Grant Date -
Mar 3, 2011
app pub date -
Nov 10, 2010
filing date -
Dec 30, 2003
priority date (Note) -
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status (Latency Note)
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Abstract
Disclosed is an integrated global shipment system that provides end-to-end visibility of the movement of a package. The integrated global shipment system employs a shipment consolidating application for integrating one or more freight tracking systems with one or more end-delivery systems. As a result, shippers are provided with complete visibility of the movement of their shipments of goods from an origin country to a destination country and till the final consignees. In addition, the integrated shipment system significantly decreases the cost of managing inventories by providing a virtual inventory solution. Under this virtual inventory solution, suppliers are able to bypass distribution centers and delay allocation of goods until after the importation of goods into a destination country.
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