Patent ID: 8788301

Claim:
A parts management system, comprising: a processing unit comprising a processor; and a memory unit storing computer-executable instructions, which when executed by the processing unit, cause the parts management system to: receive, by a claim server of an entity, claim information including notice of damage to a vehicle associated with entity, the vehicle having a plurality of parts; determine, by the claim server, that the vehicle is a total loss; based on the received claim information and the determination that the vehicle is a total loss, identify, by a parts management server of the entity, that at least one part is available for reuse; access, by the parts management server, historical data to determine whether the at least one part matches an identified need of the entity based on one or more historical data parameters; upon determining that the at least one part matches the identified need, determine whether a likelihood that the at least one part will be reused within a predetermined period of time is at or above a predetermined threshold; upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is at or above the threshold, execute instructions to store the at least one part for reuse; and upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is below the threshold, execute instructions to sell the at least one part.