Patent ID: 8700497
Filing Date: 2014-04-15
Classification: G06Q

Abstract:
1. A computer-implemented method for determining purchase requirements for a component in an inventory control system, the method comprising the steps of: (A) providing at least one processor; (B) providing computer readable memory in communication with the at least one processor; (C) storing order demands and forecasts in the memory; (D) storing physical inventory in the memory; (E) determining demand for the component from the order demands and forecasts stored in step (C) and from the physical inventory stored in step (D); (F) copying the physical inventory for the component to a logical inventory for the component; (G) reading a description for an assembly that specifies the component of the assembly; (H) reading a logical inventory policy that specifies: (I) determining from the reduction percentage a number of the at least one assembly that may be potentially disassembled; (J) determining from the physical inventory stored in step (D) excess inventory of the assembly that includes the component; (K) determining from the physical inventory stored in step (D) and the information in (H1) and (H3) in the logical inventory policy a number of the component in the excess inventory that may be reused; (L) determining from (H2) in the logical inventory policy whether the component is an explodable part; (M) when the component is an explodable part, repeating steps (I), (J), (K) and (L) for each sublevel in the explodable part specified in the description of the assembly read in step (G); (N) when the component is not an explodable part and (H1) in the logical inventory policy indicates the component may be reused, increasing the logical inventory of the component by the number of the component determined in step (K) for each level of the part, wherein the logical inventory for the component is greater than the physical inventory of the component due to potential reuse of the component if assemblies in the excess inventory are disassembled; and (O) determining the purchase requirements for the component based on the demand for the component and the logical inventory for the component.