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Method and system for analyzing and planning an inventory

  • US 20050075949A1
  • Filed: 03/08/2001
  • Published: 04/07/2005
  • Est. Priority Date: 12/29/2000
  • Status: Abandoned Application
First Claim
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1. A method for creating an optimal inventory, the method comprising the steps of:

  • analyzing item data;

    identifying one or more dynamic characteristics of the data that significantly affect the one or more business objectives;

    dynamically configuring via a user interface a plurality of rules based on one or more dynamic business objectives and the characteristics of the item data that significantly affect the one or more business objectives;

    executing the plurality of rules;

    selecting at least one item to be included in the inventory;

    determining, for each of the selected items, a quantity to be stocked;

    evaluating the inventory in relation to the one or more business objectives prior to implementing the inventory; and

    repeating the above steps to optimize the inventory as the characteristics and business objectives change.

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