Commodities cost analysis database
First Claim
1. A computer implemented method for managing commodities, the computer implemented method comprising:
- identifying, by a processing unit, a set of cost driver subparts corresponding to an aircraft type commodity based on part history data, wherein the part history data is obtained using data mining techniques to filter relevant part data from a set of data sources;
generating, by the processing unit, a keyed hierarchical breakdown coding sequence for the set of cost driver subparts such that a code in the keyed hierarchical breakdown coding sequence is associated with each of the cost driver subparts and components of the each of the cost driver subparts;
populating, by the processing unit, a commodities cost analysis database with cost-related part failure data and configuration data for the set of cost driver subparts based on maintenance and supply data from the set of data sources;
computing, by the processing unit, estimated future repair costs for the set of cost driver subparts; and
presenting, by the processing unit, the estimated future repair costs, cost-related part failure data, and configuration data in the commodities cost analysis database, wherein the commodities cost analysis database is used to examine equipment health of a commodity.
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Accused Products
Abstract
A computer implemented method and computer program product for managing commodity data. In one or more embodiments, a commodity type and parts corresponding to the commodity are identified. A part cost analysis is generated for each part based on part history data. The part history data is obtained from a set of data sources using data mining techniques to filter relevant part data from a plurality of part data. Cost-related failure data is created using the part cost data and the keyed hierarchical breakdown coding sequence. The cost-related failure data is displayed in a commodity database based on the keyed hierarchical breakdown coding sequence. A user can obtain information regarding future cost trends for the commodity and corresponding parts based on a demand for the commodity and a demand for the parts.
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Citations
20 Claims
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1. A computer implemented method for managing commodities, the computer implemented method comprising:
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identifying, by a processing unit, a set of cost driver subparts corresponding to an aircraft type commodity based on part history data, wherein the part history data is obtained using data mining techniques to filter relevant part data from a set of data sources; generating, by the processing unit, a keyed hierarchical breakdown coding sequence for the set of cost driver subparts such that a code in the keyed hierarchical breakdown coding sequence is associated with each of the cost driver subparts and components of the each of the cost driver subparts; populating, by the processing unit, a commodities cost analysis database with cost-related part failure data and configuration data for the set of cost driver subparts based on maintenance and supply data from the set of data sources; computing, by the processing unit, estimated future repair costs for the set of cost driver subparts; and presenting, by the processing unit, the estimated future repair costs, cost-related part failure data, and configuration data in the commodities cost analysis database, wherein the commodities cost analysis database is used to examine equipment health of a commodity. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A computer implemented method for managing commodity data, the computer implemented method comprising:
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identifying, by a processing unit, a commodity type and parts corresponding to the commodity; generating, by the processing unit, a keyed hierarchical breakdown coding sequence for the parts corresponding to the commodity such that a code in the keyed hierarchical breakdown coding sequence is associated with each of the parts and subparts of the each of the parts; generating, by the processing unit, part cost data for each part based on part history data, wherein the part history data is obtained from a set of data sources using data mining techniques to filter relevant part history data from the set of data sources; creating, by the processing unit, cost-related failure data using the part cost data and the keyed hierarchical breakdown coding sequence; and presenting, by the processing unit, a graphical display of the cost-related failure data in a commodity database based on the keyed hierarchical breakdown coding sequence, wherein information regarding future cost trends for the commodity and corresponding parts are identified using the graphical display. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A computer program product comprising:
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a non-transitory computer usable medium including computer usable program code for causing a computer to implement a method for managing commodity data, said computer program product comprising; computer usable program code for identifying a commodity type and parts corresponding to the commodity; computer usable program code for generating a keyed hierarchical breakdown coding sequence for the parts corresponding to the commodity such that a code in the keyed hierarchical breakdown coding sequence is associated with each of the parts and subparts of the each of the parts; computer usable program code for generating part cost data for each part based on part history data, wherein the part history data is obtained from a set of data sources using data mining techniques to filter relevant part history data from a set of data sources; computer usable program code for creating the cost-related failure data using the part cost data and the keyed hierarchical breakdown coding sequence; and computer usable program code for presenting a graphical display of the cost-related failure data in a commodity database based on the keyed hierarchical breakdown coding sequence, wherein information regarding future cost trends for the commodity and corresponding parts are identified using the graphical display.
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Specification