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WORK IN PROCESS INVENTORY ANALYSIS TOOL

  • US 20110238537A1
  • Filed: 03/23/2010
  • Published: 09/29/2011
  • Est. Priority Date: 03/23/2010
  • Status: Abandoned Application
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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