Asset Modification Module for Inventory Management

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Solution Overview

Problem

Current communication systems face challenges in effectively managing and modifying assets, such as inventory, within data communication networks, particularly in handling time-varying and time-sensitive data to trigger appropriate operations for asset modification.

Innovation Solution

The implementation of an asset modification module that utilizes operation set limit tables to monitor and analyze evaluation data, triggering operations based on predefined conditions, trends, and patterns to manage assets efficiently, including purchasing, selling, and maintaining inventory levels.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If manual monitoring and analysis of evaluation data is used to manage assets, then system complexity is reduced, but productivity and response time for asset modification operations deteriorate

Engineering Contradiction:
Improveasset management efficiencyVSAvoidsystem complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system enables automatic self-monitoring and self-action by having the asset modification module continuously monitor evaluation data and automatically trigger operations when predefined conditions are met, eliminating the need for manual intervention while maintaining controlled system complexity through structured operational frameworks

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

The system performs preliminary actions by pre-defining operational frameworks, limit tables, and triggering conditions before asset modification events occur. This allows the system to be prepared in advance with clear guidelines on what actions to take when specific evaluation data thresholds are reached, improving response time without requiring complex real-time decision-making

Inventive Principle:
Principle #10Preliminary action

2Reliability

If continuous monitoring of time-varying data is implemented, then reliability of asset modification operations is improved, but loss of time for data collection and analysis increases

Engineering Contradiction:
Improveoperation triggering accuracyVSAvoiddata analysis time
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The system implements periodic monitoring of evaluation data at defined intervals rather than continuous real-time analysis. The asset modification module checks evaluation data against predefined conditions at regular cycles, which maintains reliable operation triggering while significantly reducing the time investment required for data collection and analysis compared to continuous monitoring

Inventive Principle:
Principle #19Periodic action

Solution Approach 2:

The system changes the parameter of monitoring frequency from continuous to periodic intervals. By adjusting the monitoring cycle to match business needs and data update frequencies, the system maintains sufficient reliability for triggering operations while optimizing time efficiency, allowing data to be collected and analyzed at strategically determined intervals rather than continuously

Inventive Principle:
Principle #35Parameter changes

3Productivity

If automated operation triggering is implemented, then productivity is improved, but device complexity increases

Engineering Contradiction:
Improveasset modification speedVSAvoidautomation system complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system segments the automation functionality into distinct modular components: the asset modification module for monitoring, the operational framework for defining operations, and the triggering mechanism for executing actions. This segmentation allows each component to be developed, tested, and maintained independently, improving productivity through automation while keeping overall system complexity manageable through clear functional separation

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The system implements feedback mechanisms where evaluation data continuously feeds back into the asset modification module, which compares current data against predefined conditions and triggers appropriate operations. This feedback loop enables automated response to changing conditions while maintaining controlled complexity through structured data flow and clear decision-making logic based on predefined criteria

Inventive Principle:
Principle #23Feedback

Data Source

PatentUS20240386501A1Secure token processing approach for manufacturing inventory management
Publication Date: 2024.11.21 IMAGEWORKS INTERACTIVE
  • US20240386501A1 patent drawing
  • US20240386501A1 patent drawing
  • US20240386501A1 patent drawing

AI summary

A method implemented by a computing entity includes hashing a transaction record of a secure first token on an object distributed ledger to establish control over the secure first token representing a first product component of a plurality of product components that are each required for manufacturing of a product. The method further includes obtaining a copy of the object distributed ledger and hashing an updated first set of smart contracts utilizing a receiving public key to produce a next transaction hash value. The method further includes encrypting the next transaction hash value utilizing a private key of the computing entity to produce a next transaction signature and generating an updated secure first token for the object distributed ledger to include the updated first set of smart contracts. The method further includes causing inclusion of the updated secure first token in the object distributed ledger.