FlowVision Receives Patent
The U.S. Patent and Trademark Office has issued FlowVision a new patent titled “Inventory Management System” for its approach to supply chain management. This is the second patent granted to FlowVision for lean supply chain solutions. The FlowVision Inventory Management System has been deployed throughout North America, Europe and Asia. The system allows customers to manage their assets, not only within their company, but also throughout distribution centers, warehouses, suppliers, customers and the entire supply chain irrespective of inventory ownership. The statistical approach allows customers to dynamically update inventory levels as business conditions change. The electronic solution easily ties to customer’s ERP systems allowing seamless integration with existing general ledgers and accounting systems. For more information on the system, visit www.flowvision.com.