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Vendor Managed Inventory Liability Tracking Automation

  • US 20070203774A1
  • Filed: 02/27/2006
  • Published: 08/30/2007
  • Est. Priority Date: 02/27/2006
  • Status: Abandoned Application
First Claim
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1. A method of monitoring both customer/vendor liability in a supply contract where the customer provides a forecast and the supplier responds to that forecast committing assets/resources for satisfaction of that forecast over multiple forecasting cycles, comprising the steps of:

  • transmitting by the customer at intervals of a cycle period a forecast vector specifying the customer'"'"'s desired purchases covering a forecast period;

    responding by the manufacturer a response vector specifying the manufacturer'"'"'s committed supply covering said forecast period;

    in which;

    both the customer'"'"'s obligation to buy and the manufacturer'"'"'s obligation to supply are calculated over a set of at least two request vectors and at least two response vectors.

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