INVENTORY MANAGEMENT SYSTEM WITH TIME FEATURE

• US 20090037301A1
• Filed: 05/19/2008
• Published: 02/05/2009
• Est. Priority Date: 05/22/2007
• Status: Abandoned Application

• Current Assignee: Production Resource Group LLC
• Original Assignee: Production Resource Group LLC
• Inventors: Powell, Allan
• Application Number:
  US12/123,444
• Publication Number:
  US 20090037301A1
• Time in Patent Office: Days
• US Class Current: 705/28
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders

Abstract

An inventory system which stores information indicative of a time until the inventory will be ready for reuse. The inventory system may automatically estimate that time based on information. The information can include a time of testing, a time until testing can be carried out, and/or a repair time.

Claims

1. An inventory management system, comprising:

a computer that determines a first record that stores information indicative of a product in inventory and stores said first record, determines a second record that stores information indicative of a nonzero time until said product will be ready for distribution to customers.

2. A system as in claim 1, wherein said determines said second record comprises determining an estimated time until a broken product will be repaired.

3. A system as in claim 1, wherein said determines said second record comprises determining an estimated time until a product will be tested.

4. A system as in claim 3, wherein said determines said second record comprises using the computer to estimate the time based on a total time of testing of a specific product, where a first total time of testing is different than a second total time of testing.

5. A method, comprising:

obtaining information of incoming inventory materials, wherein said information includes a designation indicative of a specific item;

estimating a time until said item will be completed with testing, said estimating comprises estimating a time of total testing, and also a queue before which said testing will be carried out; and

storing information indicative of said inventory materials, including at least a first record that indicates a first item which is ready for distribution to customers, and a second item that is not ready for distribution to customers, where said second item also includes an indication of an estimated time until said second item will be ready for distribution to customers.

6. A method as in claim 5, wherein said obtaining information comprises determining, from said designation, a class of said item, where said in said class can be one of a number of different classes, and based on said class, determining said time of total testing.

7. A method as in claim 6, wherein said time of total testing for a first class is different than a time of total testing for a second class.

8. A method as in claim 7, wherein one of said classes is a lighting device, and another of said classes is a cable for a lighting device.

9. A method as in claim 7, further comprising determining from said class, a number of items in said class which are in a queue to be tested ahead of a current item.

10. A method as in claim 5, wherein said time of total testing comprises a multiple stage test, and said time of total testing comprising a combination of times for testing of all stages.

11. A method as in claim 5, further comprising determining an item which needs repair, estimating a total time for said repair, and wherein said time to ready includes said total time to repair.

12. A method as in claim 11, wherein said estimating the total time for said repair comprises determining if parts are in stock, and setting a first time to repair if the parts are in stock, and setting a second time to repair longer than said first time to repair if the parts need to be ordered.

13. A method, comprising:

receiving an item into inventory that has been used;

automatically estimating a time until said item can be resent to a different user; and

storing information indicative of said item and information indicative of said time into a database.

14. A method as in claim 13, wherein said information indicative of said time is a time until testing will be complete.

15. A method as in claim 13, wherein said information indicative of said time is a time until repair will be complete.

16. A method as in claim 15, wherein said time until repair will be complete comprises an estimation of time until parts will be available.

17. A method as in claim 14, wherein said estimating comprises determining a specific item, and determining a total test time for said specific item.

18. A method as in claim 17, wherein said total test time for said specific item is different for a first specific item than it is for a second specific item.

19. A method as in claim 18, wherein said estimating further comprises determining a queue time until said specific item will be tested.