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Method and apparatus for reducing supply orders in inventory management

  • US 20040103048A1
  • Filed: 08/22/2003
  • Published: 05/27/2004
  • Est. Priority Date: 11/22/2002
  • Status: Active Grant
First Claim
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1. An inventory management system for at least one piece of equipment requiring routine maintenance for a plurality of items, each of said items being associated with a respective parameter that provides an estimate of servicing needs for said item, said system comprising:

  • an inventory of replacements for said items;

    a computational element operatively coupled to said at least one piece of equipment and to each of said parameters; and

    a tracking device operatively coupled to said computational element to derive a criteria to generate at least one order form that details current and future requirements of said items for said piece of equipment that are stocked within said inventory.

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