System providing for inventory optimization in association with a centrally managed master repository for core reference data associated with an enterprise
View Patent ↗In one embodiment, optimizing inventory for a supply chain includes generating an inventory plan for the supply chains. Execution of a supply chain plan associated with the inventory plan is initiated at the supply chain. The supply chain is monitored to generate metric values. A watchpoint triggered by a metric value is detected, and a cause of the triggered watchpoint is identified using a causal tree. The inventory plan is adjusted in response to the detected triggered watchpoint and in accordance with the identified cause, and the supply chain plan is adjusted in accordance with the adjusted inventory plan. Execution of the adjusted supply chain plan is initiated, and new metric values are measured to determine performance. The performance is evaluated, and the causal tree is updated in response to the evaluation.
1. A computer-implemented method for optimizing inventory of a supply chain, comprising:
generating, by a computer comprising one or more processing units and one or more memory units, an inventory plan for a supply chain, the supply chain comprising a plurality of buffers, the inventory plan describing an amount of inventory for each buffer of the plurality of buffers;
generating, by the computer, a supply chain plan in accordance with the inventory plan;
initiating, by the computer, execution of the supply chain plan at the supply chain;
monitoring, by the computer, the supply chain to generate supply chain data, the supply chain data comprising a plurality of metric values describing the supply chain;
detecting, by the computer, a watchpoint triggered by a metric value of the plurality of metric values;
identifying, by the computer, one or more causes of the triggered watchpoint using a causal tree, the causal tree identifying at least one possible cause of unanticipated variability in the metric value;
adjusting, by the computer, the inventory plan in response to the detected triggered watchpoint and in accordance with the one or more identified causes;
adjusting, by the computer, the supply chain plan in accordance with the adjusted inventory plan;
initiating, by the computer, execution of the adjusted supply chain plan;
measuring, by the computer, the plurality of metric values in response to the execution of the adjusted supply chain plan; and
updating, by the computer, the causal tree in response to the measured plurality of metric values.
2. The method of claim 1 , wherein the inventory plan comprises an optimized inventory plan describing an optimized amount of inventory for each buffer of the plurality of buffers.
3. The method of claim 1 , wherein adjusting the inventory plan in response to the detected triggered watchpoint further comprises:
generating a plurality of scenarios of the supply chain, each scenario associated with one or more parameter values of the supply chain;
determining an outcome for each scenario of the plurality of scenarios;
evaluating the outcomes;
selecting an outcome in accordance-with the evaluation;
identifying the scenario of the selected outcome; and
adjusting the inventory plan in accordance with the one or more parameter values of the identified scenario.
4. The method of claim 1 , further comprising selecting a set of policy parameters by:
generating a plurality of policy group scenarios, each policy group scenario of the plurality of policy group scenarios corresponding to a set of policy parameters;
evaluating the scenarios;
selecting a policy group scenario in accordance with the evaluation; and
selecting the set of policy parameters corresponding to the selected policy group scenario.
5. The method of claim 1 , wherein detecting the watchpoint triggered by the metric value of the plurality of metric values further comprises:
determining whether the triggering metric value is within an anticipated variability; and
adjusting the inventory plan when the triggering metric value is outside of the anticipated variability.
6. The method of claim 1 , further comprising storing the supply chain data at a master data management database for centrally managing core enterprise reference data associated with an enterprise.
7. The method of claim 1 , further comprising storing the supply chain data at a master data management system for centrally managing core enterprise reference data associated with an enterprise, the master data management system comprising:
a centralized master repository containing the core enterprise reference data;
an internal services framework coupled with the centralized master repository and providing internal services for managing the core enterprise reference data within the centralized master repository; and
an infrastructure services layer coupled with the centralized master repository and providing bulk data transfer between the centralized master repository and one or more external operational systems according to one or more enterprise-level business workflows.
8. A system for optimizing inventory of a supply chain, comprising:
a database and memory to store information describing a supply chain comprising a plurality of buffers; and
one or more applications tangibly embodied on computer-readable medium configured to:
generate an inventory plan for the supply chain, the inventory plan describing an amount of inventory for each buffer of the plurality of buffers;
generate a supply chain plan in accordance with the inventory plan;
initiate execution of the supply chain plan at the supply chain;
monitor execution of the supply chain to generate supply chain data, the supply chain data comprising a plurality of metric values describing the supply chain;
detect a watchpoint triggered by a metric value of the plurality of metric values;
identify one or more causes of the triggered watchpoint using a causal tree, the causal tree identifying at least one possible cause of unanticipated variability in the metric value;
adjust the inventory plan in response to the detected triggered watchpoint and in accordance with the one or more identified causes;
adjust the supply chain plan in accordance with the adjusted inventory plan;
initiate execution of the adjusted supply chain plan;
measure the plurality of metric values in response to the execution of the adjusted supply chain plan; and
update the causal tree in response to the measured plurality of metric values.
9. The system of claim 8 , wherein the inventory plan comprises an optimized inventory plan describing an optimized amount of inventory for each buffer of the plurality of buffers.
10. The system of claim 8 , wherein the one or more applications are further configured to adjust the inventory plan in response to the detected triggered watchpoint by:
generating a plurality of scenarios of the supply chain, each scenario associated with a one or more parameter values of the supply chain;
determining an outcome for each scenario of the plurality of scenarios;
evaluating the outcomes;
selecting an outcome in accordance with the evaluation;
identifying the scenario of the selected outcome; and
adjusting the inventory plan in accordance with the one or more parameter values of the identified scenario.
11. The system of claim 8 , wherein the one or more applications are further configured to select a set of policy parameters by:
generating a plurality of policy group scenarios, each policy group scenario of the plurality of policy group scenarios corresponding to a set of policy parameters;
evaluating the scenarios;
selecting a policy group scenario in accordance with the evaluation; and
selecting the set of policy parameters corresponding to the selected policy group scenario.
12. The system of claim 8 , wherein the one or more applications are further configured to detect the watchpoint triggered by the metric value of the plurality of metric values by:
determining whether the triggering metric value is within an anticipated variability; and
adjusting the inventory plan when the triggering metric value is outside of the anticipated variability.
13. The system of claim 8 , wherein the one or more applications are further configured to store the supply chain data at a master data management database for centrally managing core enterprise reference data associated with an enterprise.
14. The system of claim 8 ; wherein the one or more applications are further configured to store the supply chain data at a master data management system for centrally managing core enterprise reference data associated with an enterprise, the master data management system comprising:
a centralized master repository containing the core enterprise reference data;
an internal services framework coupled with the centralized master repository and providing internal services for managing the core enterprise reference data within the centralized master repository; and
an infrastructure services layer coupled with the centralized master repository and providing bulk data transfer between the centralized master repository and one or more external operational systems according to one or more enterprise-level business workflows.
15. A computer-readable non transitory storage medium embodied with software for optimizing inventory of a supply chain, the software when executed by a computer system is configured to:
generate an inventory plan for a supply chain, the supply chain comprising a plurality of buffers, the inventory plan describing an amount of inventory for each buffer of the plurality of buffers;
generate a supply chain plan in accordance with the inventory plan;
initiate execution of the supply chain plan at the supply chain;
monitor the supply chain to generate supply chain data, the supply chain data comprising a plurality of metric values describing the supply chain;
detect a watchpoint triggered by a metric value of the plurality of metric values;
identify one or more causes of the triggered watchpoint using a causal tree, the causal tree identifying at least one possible cause of unanticipated variability in the metric value;
adjust the inventory plan in response to the detected triggered watchpoint and in accordance with the one or more identified causes;
adjust the supply chain plan in accordance with the adjusted inventory plan;
initiate execution of the adjusted supply chain plan;
measure the plurality of metric values in response to the execution of the adjusted supply chain plan; and
update the causal tree in response to the measured plurality of metric values.
16. The computer-readable storage medium of claim 15 , wherein the inventory plan comprises an optimized inventory plan describing an optimized amount of inventory for each buffer of the plurality of buffers.
17. The computer-readable storage medium of claim 15 , further configured to adjust the inventory plan in response to the detected triggered watchpoint by:
generating a plurality of scenarios of the supply chain, each scenario associated with a one or more parameter values of the supply chain;
determining an outcome for each scenario of the plurality of scenarios;
evaluating the outcomes;
selecting an outcome in accordance with the evaluation;
identifying the scenario of the selected outcome; and
adjusting the inventory plan in accordance with the one or more parameter values of the identified scenario.
18. The computer-readable storage medium of claim 15 , further configured to select a set of policy parameters by:
generating a plurality of policy group scenarios, each policy group scenario of the plurality of policy group scenarios corresponding to a set of policy parameters;
evaluating the scenarios;
selecting a policy group scenario in accordance with the evaluation; and
selecting the set of policy parameters corresponding to the selected policy group scenario.
19. The computer-readable storage medium of claim 15 , further configured to detect the watchpoint triggered by the metric value of the plurality of metric values by:
determining whether the triggering metric value is within an anticipated variability; and
adjusting the inventory plan when the triggering metric value is outside of the anticipated variability.
20. The computer-readable storage medium of claim 15 , further configured to store the supply chain data at a master data management database for centrally managing core enterprise reference data associated with an enterprise.
21. The computer-readable storage medium of claim 15 , further configured to store the supply chain data at a master data management system for centrally managing core enterprise reference data associated with an enterprise, the master data management system comprising:
a centralized master repository containing the core enterprise reference data;
an internal services framework coupled with the centralized master repository and providing internal services for managing the core enterprise reference data within the centralized master repository; and
an infrastructure services layer coupled with the centralized master repository and providing bulk data transfer between the centralized master repository and one or more external operational systems according to one or more enterprise-level business workflows.
22. A system for optimizing inventory of a supply chain, comprising:
means for generating an inventory plan for a supply chain, the supply chain comprising a plurality of buffers, the inventory plan describing an amount of inventory for each buffer of the plurality of buffers;
means for generating a supply chain plan in accordance with the inventory plan;
means for initiating execution of the supply chain plan at the supply chain;
means for monitoring the supply chain to generate supply chain data, the supply chain data comprising a plurality of metric values describing the supply chain;
means for detecting a watchpoint triggered by a metric value of the plurality of metric values;
means for identifying one or more causes of the triggered watchpoint using a causal tree, the causal tree identifying at least one possible cause of unanticipated variability in the metric value;
means for adjusting the inventory plan in response to the detected triggered watchpoint and in accordance with the one or more identified causes;
means for adjusting the supply chain plan in accordance with the adjusted inventory plan;
means for initiating execution of the adjusted supply chain plan;
means for measuring the plurality of metric values in response to the execution of the adjusted supply chain plan; and
means for updating the causal tree in response to the measured plurality of metric values.
23. A computer-implemented method for optimizing inventory of a supply chain, comprising:
generating, by a computer comprising one or more processing units and one or more memory units, an inventory plan for a supply chain, the supply chain comprising a plurality of buffers, the inventory plan describing an amount of inventory for each buffer of the plurality of buffers, the inventory plan comprising an optimized inventory plan describing an optimized amount of inventory for each buffer of the plurality of buffers;
generating, by the computer, a supply chain plan in accordance with the inventory plan;
initiating, by the computer, execution of the supply chain plan at the supply chain;
monitoring, by the computer, the supply chain to generate supply chain data, the supply chain data comprising a plurality of metric values describing the supply chain;
storing, by the computer, the supply chain data at a master data management system for centrally managing core enterprise reference data associated with an enterprise, the master data management system comprising:
a centralized master repository containing the core enterprise reference data;
an internal services framework coupled with the centralized master repository and providing internal services for managing the core enterprise reference data within the centralized master repository; and
an infrastructure services layer coupled with the centralized master repository and providing bulk data transfer between the centralized master repository and one or more external operational systems according to one or more enterprise-level business workflows;
detecting, by the computer, a watchpoint triggered by a metric value of the plurality of metric values by determining whether the triggering metric value is within an anticipated variability; and
adjusting, by the computer, the inventory plan in response to the detected triggered watchpoint when the triggering metric value is outside of the anticipated variability, the inventory plan adjusted by:
identifying one or more causes of the triggered watchpoint using a causal tree, the causal tree identifying at least one possible cause of unanticipated variability in the metric value; and
adjusting the inventory plan in accordance with the one or more identified causes, the inventory plan further adjusted by:
generating a plurality of scenarios of the supply chain, each scenario associated with a one or more parameter values of the supply chain;
determining an outcome for each scenario of the plurality of scenarios;
evaluating the outcomes;
selecting an outcome in accordance with the evaluation;
identifying the scenario of the selected outcome; and
adjusting the inventory plan in accordance with the one or more parameter values of the identified scenario;
adjusting, by the computer, the supply chain plan in accordance with the adjusted inventory plan;
initiating, by the computer, execution of the adjusted supply chain plan; and
selecting, by the computer, a set of policy parameters by:
generating a plurality of policy group scenarios, each policy group scenario of the plurality of policy group scenarios corresponding to a set of policy parameters;
evaluating the scenarios;
selecting a policy group scenario in accordance with the evaluation; and
selecting the set of policy parameters corresponding to the selected policy group scenario.