Automatically adjusting inventory based on loaner parts and order demands

A data processing system for performing a part inventory analysis, comprising:

• a bus system;
• a storage device connected to the bus system, wherein the storage device includes a set of instructions;
• and
• a processing unit connected to the bus system, wherein the processing unit executes the set of instructions to determine current order demands on a current part inventory in response to determining the current part inventory, segment the current part inventory into a new part inventory segment, a used part inventory segment, and a loaner part inventory segment to form a segmented part inventory, determine an order demand coverage for each segment of the segmented part inventory based on the current order demands for new parts in the new part inventory segment used to fill both external orders and internal orders, used parts in the used part inventory segment used to only fill internal orders, and loaner parts in the loaner part inventory segment used to only fill external orders, determine a conditioned part inventory for each segment of the segmented part inventory based on a loaner part inventory analysis, wherein the loaner part inventory analysis reduces available inventory in the used part inventory segment by a number of used parts that cannot be used to fill internal order demands and reduces available inventory in the loaner part inventory segment by a number of loaner parts that cannot be used to fill external order demands to obtain a netted available inventory, calculate a part purchase recommendation based on the conditioned part inventory, and store data for the segmented part inventory, the order demand coverage, the conditioned part inventory, and the part purchase recommendation in a storage device to form stored inventory data.

A non-transitory computer program product for performing a part inventory analysis, the computer program product comprising:

• a computer usable medium having computer usable program code embodied therein, the computer usable medium comprising:
• computer usable program code configured to determine current order demands on a current part inventory in response to determining the current part inventory;
• computer usable program code configured to segment the current part inventory into a new part inventory segment, a used part inventory segment, and a loaner part inventory segment to form a segmented part inventory;
• computer usable program code configured to determine an order demand coverage for each segment of the segmented part inventory based on the current order demands for new parts in the new part inventory segment used to fill both external orders and internal orders, used parts in the used part inventory segment used to only fill internal orders, and loaner parts in the loaner part inventory segment used to only fill external orders;
• computer usable program code configured to determine a conditioned part inventory for each segment of the segmented part inventory based on a loaner part inventory analysis, wherein the loaner part inventory analysis reduces available inventory in the used part inventory segment by a number of used parts that cannot be used to fill internal order demands and reduces available inventory in the loaner part inventory segment by a number of loaner parts that cannot be used to fill external order demands to obtain a netted available inventory;
• computer usable program code configured to calculate a part purchase recommendation based on the conditioned part inventory;
• and
• computer usable program code configured to store data for the segmented part inventory, the order demand coverage, the conditioned part inventory, and the part purchase recommendation in a storage device to form stored inventory data.