System and method for managing a regulated industry

• US 20050015166A1
• Filed: 08/09/2004
• Published: 01/20/2005
• Est. Priority Date: 01/23/2001
• Status: Active Grant

• Current Assignee: Oracle International Corporation (Oracle Corporation)
• Original Assignee: Oracle International Corporation (Oracle Corporation)
• Inventors: Kataria, Anjali Rani, Desai, Kamlesh Rashmi
• Granted Patent: US 7,925,550 B2
• Time in Patent Office: Days
• US Class Current: 700/99
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders

Abstract

A system and a method enable supply chain solutions for regulated industries. The embodiments facilitate regulatory and tax compliance management integrated with smart inventory and e-warehouse management solutions. The embodiments are applicable to heavily regulated industries such as, for example, beverages, food, oil, pharmachemicals, and chemicals.

Claims

1. A system for managing a regulated industry, comprising:

an inventory management module, wherein the inventory management module tracks goods in an industry;

a process module, wherein the process module receives data pertaining to various stages of the industry;

a regulation module, wherein the regulation module processes data relating to regulations governing the industry; and

a core module, wherein the core module is coupled to the inventory management module, the process module, and the regulation module, and coordinates the operation of the modules.