The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 19, 2021
Filed:
Oct. 03, 2018
Target Brands, Inc., Minneapolis, MN (US);
Gagan Mahajan, Lakeville, MN (US);
Praveen Kumar Kumaresen, Minnetonka, MN (US);
Abhilash Koneri, Minneapolis, MN (US);
Kraig Narr, Stillwater, MN (US);
TARGET BRANDS, INC., Minneapolis, MN (US);
Abstract
A lead time calculation system includes a configured lead time generator and a measured lead time generator. The configured lead time generator calculates a lead time estimate to move products between a first node in a supply chain and a second node in the supply chain based on expected travel times, expected warehouse times, expected sourcing times, delivery schedules, unloading schedules, and product-node relationship data. A measured lead time generator receives electronic data interchange (EDI) events, receipts, and purchase order data and calculates an actual lead time for the first node and second node. The actual lead time can be compared with the configured lead time to evaluate performance of different aspects of the supply chain. Lead time estimates can be adjusted based on actual lead times that are measured by the measured lead time generator.