WORK IN PROCESS INVENTORY ANALYSIS TOOL
First Claim
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1. A method of managing work-in-process (WIP) inventory, comprising:
- receiving inputs, via a user interface of a computer processing device, the inputs corresponding to variables defined for modules, each of the modules comprising a set of instructions for determining and quantifying a corresponding WIP inventory driver, wherein WIP inventory drivers each represents distinct elements that impact at least one of acquisition, handling, and movement of the WIP inventory;
executing instructions on the inputs by one or more of the modules, the inputs applied to corresponding one or more of the modules based on respective variables defined for the modules; and
deriving a quantified WIP inventory resulting from execution of the instructions, the quantified WIP inventory categorized by corresponding WIP inventory drivers.
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Abstract
A method of managing work-in-process (WIP) inventory includes receiving inputs, via a user interface of a computer processing device. The inputs correspond to variables defined for modules. Each of the modules includes a set of instructions for determining and quantifying a corresponding WIP inventory driver. The method also includes executing instructions on the inputs by one or more of the modules. The inputs are applied to corresponding modules based on respective variables defined for the modules. The method further includes deriving a quantified WIP inventory resulting from execution of the instructions categorized by corresponding WIP inventory drivers.
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Citations
33 Claims
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1. A method of managing work-in-process (WIP) inventory, comprising:
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receiving inputs, via a user interface of a computer processing device, the inputs corresponding to variables defined for modules, each of the modules comprising a set of instructions for determining and quantifying a corresponding WIP inventory driver, wherein WIP inventory drivers each represents distinct elements that impact at least one of acquisition, handling, and movement of the WIP inventory; executing instructions on the inputs by one or more of the modules, the inputs applied to corresponding one or more of the modules based on respective variables defined for the modules; and deriving a quantified WIP inventory resulting from execution of the instructions, the quantified WIP inventory categorized by corresponding WIP inventory drivers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system for of managing work-in-process (WIP) inventory, comprising:
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a host system computer; and an application executing on the host system computer, the application including modules and a user interface, the application implementing a method comprising; receiving inputs, via the user interface of the application, the inputs corresponding to variables defined for the modules, each of the modules comprising a set of instructions for determining and quantifying a corresponding WIP inventory driver, wherein WIP inventory drivers each represents distinct elements that impact at least one of acquisition, handling, and movement of the WIP inventory; executing a respective set of instructions on the inputs by one or more of the modules, the inputs applied to corresponding one or more of the modules based on respective variables defined for the modules; and deriving a quantified WIP inventory resulting from execution of the set of instructions, the quantified WIP inventory categorized by corresponding WIP inventory drivers. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20, 21, 22)
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23. A computer program product for managing work-in-process (WIP) inventory, the computer program product comprising a storage medium encoded with machine-readable computer program code, which when executed by a computer implements a method, the comprising:
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receiving inputs corresponding to variables defined for modules, each of the modules comprising a set of instructions for determining and quantifying a corresponding WIP inventory driver, wherein WIP inventory drivers each represents distinct elements that impact at least one of acquisition, handling, and movement of the WIP inventory; executing a respective set of instructions on the inputs by one or more of the modules, the inputs applied to corresponding one or more of the modules based on respective variables defined for the modules; and deriving a quantified WIP inventory resulting from execution of the set of instructions, the quantified WIP inventory categorized by corresponding WIP inventory drivers. - View Dependent Claims (24, 25, 26, 27, 28, 29, 30, 31, 32, 33)
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Specification