System and method for ensuring order fulfillment
First Claim
1. A method for fulfilling an existing order that requests a desired item by a desired time, the method comprising the steps of:
- creating a supply chain model using data describing various activities in a supply chain;
determining the requirements of the order;
checking said supply chain model to determine the availability of said desired item by said desired time;
if said desired item is unavailable by said desired time, modifying the supply chain as needed to fulfill the order; and
modifying the supply chain model to reflect the changes in the supply chain needed to fulfill the order.
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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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Citations
40 Claims
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1. A method for fulfilling an existing order that requests a desired item by a desired time, the method comprising the steps of:
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creating a supply chain model using data describing various activities in a supply chain;
determining the requirements of the order;
checking said supply chain model to determine the availability of said desired item by said desired time;
if said desired item is unavailable by said desired time, modifying the supply chain as needed to fulfill the order; and
modifying the supply chain model to reflect the changes in the supply chain needed to fulfill the order. - View Dependent Claims (3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 24, 25, 26, 27, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40)
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2. The method of claim 2, wherein said step of checking said supply chain model considers inventory, production, manufacturing, distribution, and transportation resources needed to deliver said desired item by said desired time.
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23. A system for fulfilling an order requesting a desired item by a desired time, the system comprising:
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a database containing supply chain data; and
a server having a) a means for analyzing said supply chain data to determine whether said desired item may be delivered by said desired time, b) a means for modifying said supply chain as needed to deliver said desired item by said desired time, wherein said modifying means determines a low-cost method to modify said supply chain, and c) means to adjust the supply chain data to account for the modifications to the supply chain.
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28. A system for fulfilling an order, the system comprising:
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a database; and
a server having a distribution module with a planning component.
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Specification