Smart Analytics for Forecasting Parts Returns for Reutilization
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Abstract
An approach is provided in which the approach maps first parts included in a first system to second parts included in a second system. The approach then utilizes functioning first parts returns data, which indicates an amount of parts included in the first system that have been returned and are functioning, to forecast an amount of functioning parts corresponding to the second system to be returned. As such, the approach generates a functioning second parts returns forecast based upon the amount of functioning second parts that are forecast to be returned.
17 Citations
25 Claims
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1. (canceled)
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10. An information handling system comprising:
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one or more processors; a memory coupled to at least one of the processors; a set of computer program instructions stored in the memory and executed by at least one of the processors in order to perform actions of; mapping, by one or more of the processors, one or more first parts included in a first system to one or more second parts included in a second system; retrieving from the memory, by one or more of the processors, functioning first parts returns data that indicates an amount of one or more of the first parts that have been returned and are functioning; forecasting, by one or more of the processors, an amount of one or more of the second parts to be returned and functioning based upon the functioning first parts returns data and the mapping of one or more of the first parts to one or more of the second parts; and generating a functioning second parts returns forecast based upon the forecasted amount of one or more of the second parts. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A computer program product stored in a computer readable storage medium, comprising computer program code that, when executed by an information handling system, causes the information handling system to perform actions comprising:
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mapping, by one or more processors, one or more first parts included in a first system to one or more second parts included in a second system; retrieving, by one or more of the processors, functioning first parts returns data that indicates an amount of one or more of the first parts that have been returned and are functioning; forecasting, by one or more of the processors, an amount of one or more of the second parts to be returned and functioning based upon the functioning first parts returns data and the mapping of one or more of the first parts to one or more of the second parts; and generating a functioning second parts returns forecast based upon the forecasted amount of one or more of the second parts. - View Dependent Claims (20, 21, 22, 23)
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24. (canceled)
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25. An information handling system comprising:
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one or more processors; a memory coupled to at least one of the processors; a set of computer program instructions stored in the memory and executed by at least one of the processors in order to perform actions of; mapping, by one or more of the processors, one or more first parts included in a first system to one or more second parts included in a second system; retrieving, by one or more of the processors, functioning first parts returns data that indicates an amount of one or more of the first parts that have been returned and are functioning; forecasting, by one or more of the processors, an amount of one or more of the second parts to be returned and functioning based upon the functioning first parts returns data and the mapping of one or more of the first parts to one or more of the second parts; computing, by one or more of the processors, a first parts returns lag time based upon a first system production start time and a first parts returns start time; determining, by one or more of the processors, whether one or more of the second parts have been returned; in response to determining that one or more of the second parts have not been returned, computing a second parts returns start time based upon the first parts returns lag time and a second system production start time corresponding to the second system; in response to determining that one or more of the second parts have been returned, computing the second parts returns start time based upon an actual time that one or more of the second parts have been returned; generating, by one or more of the processors, a first parts returns curve based upon the functioning first parts returns data, wherein the first parts returns curve graphs the amount of one or more of the first parts that have been returned over time; generating, by one or more of the processors, a second parts returns forecast curve based upon the first parts returns curve, the second parts returns start time, and the forecasted amount of one or more of the second parts; and generating, by one or more of the processors, a functioning second parts returns forecast based upon the generated second parts returns forecast curve.
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Specification