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SYSTEM FOR DYNAMIC INVENTORY CONTROL

  • US 20140249884A1
  • Filed: 05/16/2014
  • Published: 09/04/2014
  • Est. Priority Date: 02/01/2010
  • Status: Abandoned Application
First Claim
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1. A production management system for dynamically controlling inventory to prevent overstock and stockout, the production management system comprising:

  • a production planning module including components containing data of demand forecast, and customer order; and

    a dynamic inventory control module including a dynamic inventory control simulation module and an inventory management system, wherein the dynamic inventory control simulation module is configured to adjust a target inventory if a current inventory is beyond a threshold multiplied by the target inventory for M number of review cycles, wherein M is an integer.

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