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Method and system for optimizing product inventory levels

  • US 20020138336A1
  • Filed: 03/29/2001
  • Published: 09/26/2002
  • Est. Priority Date: 02/06/2001
  • Status: Abandoned Application
First Claim
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1. A method for improving product inventory levels comprising:

  • obtaining inventory data related to product inventory for each of a plurality of products;

    calculating a statistical measure for each product from the inventory data for that product;

    displaying the statistical measures for the products in an ordered arrangement according to priority;

    selecting a product to investigate based upon the ordered arrangement;

    displaying a chart from the inventory data for the selected product, wherein the chart illustrates historical performance relating to the inventory data for the selected product over a period of time;

    identifying an irregularity in the historical performance; and

    using the irregularity to address inventory issues regarding the selected product.

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