INTEGRATED PART INVENTORY MANAGEMENT SYSTEM AND METHOD
First Claim
1. A method comprising:
- receiving, by an inventory management system (IMS) program executing on a computing device, a remaining useful life (RUL) formulation for a part of a machine that estimates an amount of time for which the part will continue to perform its intended function and a potential unscheduled maintenance event;
receiving, by the IMS program, replacement part order lead time data and anticipated replacement part inventory level data from a part inventory database; and
determining, by the IMS program and based on the RUL formulation, the replacement part order lead time data, and the anticipated part replacement inventory level data, that an order for a replacement part should be initiated.
1 Assignment
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Accused Products
Abstract
A method includes receiving, by an inventory management system (IMS) program executing on a computing device, a remaining useful life (RUL) formulation for a part of a machine that estimates an amount of time for which the part will continue to perform its intended function and a potential unscheduled maintenance event. The method also includes receiving, by the IMS program, replacement part order lead time data and anticipated replacement part inventory level data from a part inventory database. The method also includes determining, by the IMS program and based on the RUL formulation, the replacement part order lead time data, and the anticipated part replacement inventory level data, that an order for a replacement part should be initiated.
5 Citations
15 Claims
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1. A method comprising:
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receiving, by an inventory management system (IMS) program executing on a computing device, a remaining useful life (RUL) formulation for a part of a machine that estimates an amount of time for which the part will continue to perform its intended function and a potential unscheduled maintenance event; receiving, by the IMS program, replacement part order lead time data and anticipated replacement part inventory level data from a part inventory database; and determining, by the IMS program and based on the RUL formulation, the replacement part order lead time data, and the anticipated part replacement inventory level data, that an order for a replacement part should be initiated. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system comprising:
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a computing device comprising at least one processor; and an inventory management system (IMS) program executable by the at least one processor of the computing device and configured to; receive a remaining useful life (RUL) formulation for a part of a machine that estimates an amount of time for which the part will continue to perform its intended function and a potential unscheduled maintenance event; receive replacement part order lead time data and anticipated replacement part inventory level data from a part inventory database; and determine, based on the RUL formulation, the replacement part order lead time data, and the anticipated part replacement inventory level data, whether and when a user should order a replacement part. - View Dependent Claims (12, 13, 14, 15)
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Specification