System and method for ensuring order fulfillment
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United States of America Patent
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Feb 23, 2010
Grant Date -
Dec 12, 2002
app pub date -
Oct 29, 2001
filing date -
Oct 27, 2000
priority date (Note) -
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status (Latency Note)
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Abstract
The present invention provides a system and method whereby companies can optimally resolve the conflicts with respect to product availability. Embodiments of the invention allow users to search for product availability throughout its entire supply chain network to address conflicts as they arise. In particular, the present invention creates time-phased inventory plans that meet customer requirements while minimizing inventory and maximizing profit by ensuring that a company is carrying the right inventory at the right locations. Using the present invention, companies can orchestrate the time-phased storage and flow of a given product's supply to match demand by creating an optimal inventory strategy that includes deployment plans, master production schedules, and procurement requirements.
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