Invention Grant
- Patent Title: System and method for simultaneous optimization of logistics and purchasing
- Patent Title (中): 物流与采购同步优化的系统与方法
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Application No.: US13357393Application Date: 2012-01-24
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Publication No.: US08799178B2Publication Date: 2014-08-05
- Inventor: Steven LaVoie , Shrinivas Sale , Michael Robb Swihart , Varunraj Valsaraj , Boyett Judgson Hennington, IV , Anthony DeFrances , John William Michalski
- Applicant: Steven LaVoie , Shrinivas Sale , Michael Robb Swihart , Varunraj Valsaraj , Boyett Judgson Hennington, IV , Anthony DeFrances , John William Michalski
- Applicant Address: US IL Chicago
- Assignee: ArrowStream, Inc.
- Current Assignee: ArrowStream, Inc.
- Current Assignee Address: US IL Chicago
- Agency: Barich IP Law Group
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A system and method that provides optimization of order and routing patterns that solves for optimal freight margin, not just freight cost. The optimization includes freight allowance information typically varying by item that is used to determine ordering and routing solutions. The solutions thus are based on freight impact to total landed product cost, not just load freight costs. Optimization results are then translated into performance targets based on freight margin, not just freight expense.
Public/Granted literature
- US20130031017A1 SYSTEM AND METHOD FOR SIMULTANEOUS OPTIMIZATION OF LOGISTICS AND PURCHASING Public/Granted day:2013-01-31
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