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:
Mar. 02, 2010
Filed:
Oct. 21, 2004
William S. Clay, Brunswick Hills, OH (US);
Richard A. Sykora, Stow, OH (US);
James R. Morrison, Chardon, OH (US);
William S. Clay, Brunswick Hills, OH (US);
Richard A. Sykora, Stow, OH (US);
James R. Morrison, Chardon, OH (US);
Rockwell Automation Technologies, Inc., Mayfield Heights, OH (US);
Abstract
The invention relates to a system and methodology for facilitating managing product life cycle. A component that determines relevance of components to a product; an analyzing component that determines, infers or predicts obsolescence, level of risk to EOL of a subset of the components. A substitution component that identifies replacement components and suppliers for the subset of components. A cost analysis component that determines material/components cost savings, and redesign cost implementation and/or redesign cost avoidance. A viability component that measures reliability of a component. A transition component that identifies components that require updating or replacement. A profitability component that determines the expected revenue derived from a component over its projected remaining life.