IPO The application relates to a method of managing inventory. More specifically it relates to a computer based system that uses data describing demand patterns (both actual and those which were forecasted, or historical forecasted demand), replenishment patterns of the supply chain network and data describing the supply chain network to optimise inventory policy parameters for each of one or more items which define a policy as to how the inventory of each item is to be maintained.
The Hearing Officer found the invention to be excluded both as a method of doing business and as a computer program as such. The application was refused.
Mr P Thorpe
[2014] UKIntelP o15214, O/152/14
Bailii
England and Wales
Intellectual Property
Updated: 03 December 2021; Ref: scu.524012