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.

Date of Patent:
Nov. 08, 2011

Filed:

Mar. 04, 2008
Applicants:

Brian T. Eck, Poughquag, NY (US);

Thomas R. Ervolina, Hopewell Junction, NY (US);

Anthony V. Ferreri, Hyde Park, NY (US);

George W. Reiche, Pleasant Valley, NY (US);

Inventors:

Brian T. Eck, Poughquag, NY (US);

Thomas R. Ervolina, Hopewell Junction, NY (US);

Anthony V. Ferreri, Hyde Park, NY (US);

George W. Reiche, Pleasant Valley, NY (US);

Attorneys:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 10/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A method and storage medium for utilizing excess inventory of parts that are used in end products and having part identifiers are provided. The method includes identifying an excess inventory of parts including part identifiers and a quantity associated with each part identifier. The method also includes identifying potential end products for manufacture comprising a Bill of Materials (BOM) for each end product and where each BOM calls out at least one part identifier in the excess inventory of parts. The method further includes determining a build plan including one or more of the potential end products, the build plan optimized to specific criteria and utilizing an amount of the excess inventory whereby the specific criteria include maximizing the quantity of the excess inventory utilized without exceeding a specific dollar value of additional parts purchased to produce the build plan.


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