Inventory management system for reducing overall warehouse and pipeline inventory

• US 7,293,707 B2
• Filed: 05/12/2005
• Issued: 11/13/2007
• Est. Priority Date: 03/11/2002
• Status: Expired due to Term

• Current Assignee: United Parcel Service Of America Incorporated (United Parcel Service Incorporated)
• Original Assignee: United Parcel Service Of America Incorporated (United Parcel Service Incorporated)
• Inventors: Reulbach, Raymond A., Johnson, Michael D., Hanlon, Larry A., Castagno, Tony R., Penkar, Rajan C., Jones, Gina L.
• Primary Examiner(s): Kim; Ahshik
• Assistant Examiner(s): Labaze; Edwyn
• Application Number:
  US11/127,655
• Publication Number:
  US 20050209731A1
• Time in Patent Office: 915 Days
• Field of Search: 235/385, 235/487, 235/375, 705/22, 705/28
• US Class Current: 235/385
• CPC Class Codes: G06Q 10/08 Logistics, e.g. warehousing, loading or distribution; Inventory or stock management
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders

Abstract

A computer system for use in reducing overall pipeline inventory within a distribution network that includes a central warehouse that is: (1) adjacent a transportation hub; and (2) configured to store sufficient component parts to provide a regular stream of parts to each of a plurality of manufacturing facilities. The computer system is preferably configured for coordinating the transportation of a regular stream of parts to each of the manufacturing facilities by transporting component parts from the central warehouse to the manufacturing facilities primarily via an expedited delivery service performed using the transportation hub. The expedited delivery service may include, for example, guaranteed delivery within one or two days. This reduces the overall pipeline and warehouse inventory within the distribution network by reducing the average transit time for each part, and by reducing the amount of safety stock that is needed to support the operations of the manufacturing facilities.

Claims

1. A system for tracking items within a central warehouse, said system being configured to perform the steps of:

assigning a first unique identification indicia to an item within said central warehouse;

updating a database to associate said first unique identification indicia with said item;

receiving a request to reallocate said item from a first corporate entity to a second corporate entity;

in response to receiving said request, reallocating said item from said first corporate entity to said second corporate entity without physically moving said item;

in response to said item being reallocated from said first corporate entity to said second corporate entity, assigning a second unique identification indicia to said item; and

updating said database to associate said second unique identification indicia with said item.

2. The system of claim 1, wherein said item is a component part.

3. The system of claim 1, wherein said first and said second unique identification indicia are part numbers.

4. A system for tracking parts at a central warehouse, said system being configured for:

assigning a first unique part number to a part within said central warehouse;

updating a database to associate said first unique part number with said part;

receiving an indication that said part has been modified;

in response to receiving said indication, assigning a second unique part number to said part without physically moving said part; and

updating a database to associate said second unique part number with said part.

5. The system of claim 4, wherein said system is configured for maintaining a history of one or more unique part numbers that were formally associated with said part.

6. The system of claim 4, wherein said system is configured for maintaining a history of substantially all of the unique part numbers that have been associated with said part since said part entered said central warehouse.

7. The system of claim 4, wherein said step of receiving an indication that said part has been modified comprises receiving an indication that said part has been loaded with a particular type of software, and wherein said second unique part number corresponds to a part that has been loaded with said particular type of software.

8. The system of claim 4, wherein said step of updating said database to associate said second unique part number with said part includes changing a part number designation associated with said part from said first unique part number to said second unique part number.

9. A method of tracking items within a central warehouse, said method comprising the steps of:

assigning a first unique identification indicia to an item within said central warehouse;

updating a database to associate said first unique identification indicia with said item;

reallocating said item from a first corporate entity to a second corporate entity without physically moving said item;

in response to said item being reallocated from said first corporate entity to said second corporate entity, assigning a second unique identification indicia to said item; and

updating said database to associate said second unique identification indicia with said item.

10. The method of claim 9, wherein said item is a component part.

11. The method of claim 9, wherein said first and said second unique identification indicia are part numbers.

12. A method of tracking parts at a central warehouse, said method comprising the steps of:

assigning a first unique part number to a part within said central warehouse;

updating a database to associate said first unique part number with said part;

modifying said part;

in response to said part being modified, assigning a second unique part number to said part without physically moving said part; and

updating a database to associate said second unique part number with said part.

13. The method of claim 12, wherein said method comprises the step of maintaining a history of one or more unique part numbers that have been formally associated with said part.

14. The method of claim 12, wherein said system is configured for maintaining a history of substantially all of the unique part numbers have been associated with said part since said part entered the central warehouse.

15. The method of claim 12, wherein said step of modifying said part comprises loading software onto said part.

16. The method of claim 12, wherein said step of modifying said part comprises labeling said part.