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Integrating event-based production information with financial and purchasing systems in product manufacturing

  • US 7,357,298 B2
  • Filed: 11/27/2002
  • Issued: 04/15/2008
  • Est. Priority Date: 12/28/2001
  • Status: Active Grant
First Claim
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1. A method for tracking production information, the method comprising:

  • collecting event-based production information during manufacture of a product, the production information comprising event data pertaining to at least one of waste and delay, wherein the product comprises a component and wherein the production information indicates that the component has failed;

    storing the collected production information in a database for processing;

    providing access to the stored production information to a financial system and/or a purchasing system for generation of a financial report based on the stored production information; and

    implementing remedial action responsive to generation of the financial report, wherein the remedial action comprises ordering a replacement for the failed component.

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