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Collaborative method of managing inventory

  • US 20080004997A1
  • Filed: 06/20/2006
  • Published: 01/03/2008
  • Est. Priority Date: 06/20/2006
  • Status: Active Grant
First Claim
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1. A collaborative inventory management method for managing material inventory sourced by a customer from a plurality of suppliers, comprising:

  • a. designating at least one supplier as a steady supplier to the customer;

    b. designating at least one second supplier as a lead supplier to the customer;

    c. allocating a supply split between the steady supplier and the lead supplier for supplying material to customer over a period of time;

    d. providing customer inventory level data (I) and usage forecast data (U) from the customer to the lead supplier;

    e. providing a customer shipment schedule to the steady supplier;

    f. providing an order create (OC) and ship notice (SN) from the steady supplier to the customer;

    g. transforming the OC and SN to contain selective quantity and date of shipment data (Q/D);

    h. sending Q/D data to the lead supplier; and

    i. planning by the lead supplier of shipments to manage (I) responsive to actual usage by the customer and shipment of material from the steady supplier to customer and in accordance with the supply split.

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