TOTAL INVENTORY MANAGEMENT
First Claim
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1. A method of managing inventory, the method comprising the steps of:
- selecting an analysis duration and at least one analysis point within the analysis duration;
determining an excess inventory with consideration of a manufacturing limitation and an excess inventory without consideration of the manufacturing limitation for each analysis point;
determining a trapped inventory based on a difference between the excess inventory with consideration of the manufacturing limitation and the excess inventory without consideration of the manufacturing limitation; and
determining an impact of a policy inventory on an inventory consumption.
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Abstract
A method, system and program product to manage total inventory. Existing inventory, optimum inventory, excess inventory and inventory consumption are calculated according to different sets of data regarding whether one is considering a policy inventory and/or a manufacturing limitation. Results of the calculations with different sets of data are compared to determine an impact of the policy inventory and an inventory trapped in manufacturing. This invention has application in the microelectronics industry as well as other industries.
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Citations
20 Claims
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1. A method of managing inventory, the method comprising the steps of:
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selecting an analysis duration and at least one analysis point within the analysis duration;
determining an excess inventory with consideration of a manufacturing limitation and an excess inventory without consideration of the manufacturing limitation for each analysis point;
determining a trapped inventory based on a difference between the excess inventory with consideration of the manufacturing limitation and the excess inventory without consideration of the manufacturing limitation; and
determining an impact of a policy inventory on an inventory consumption. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system for managing inventory, the system comprising:
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means for selecting an analysis duration and at least one analysis point within the analysis duration;
means for determining an excess inventory with consideration of a manufacturing limitation and an excess inventory without consideration of the manufacturing limitation for each analysis point;
means for determining a trapped inventory based on a difference between the excess inventory with consideration of the manufacturing limitation and the excess inventory without consideration of the manufacturing limitation; and
means for determining an impact of a policy inventory on an inventory consumption. - View Dependent Claims (13, 14, 15)
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16. A computer program product comprising a computer useable medium having computer readable program code embodied therein for reporting on performance of a plurality of parameters, the program product comprising:
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program code configured to select an analysis duration and at least one analysis point within the analysis duration;
program code configured to determine an excess inventory with consideration of a manufacturing limitation and an excess inventory without consideration of the manufacturing limitation for each analysis point;
program code configured to determine a trapped inventory based on a difference between the excess inventory with consideration of the manufacturing limitation and the excess inventory without consideration of the manufacturing limitation; and
program code configured to determine an impact of a policy inventory on an inventory consumption. - View Dependent Claims (17, 18, 19, 20)
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Specification