Invention Grant
- Patent Title: Allocating a product inventory to an omnichannel distribution supply chain
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Application No.: US15264195Application Date: 2016-09-13
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Publication No.: US10423923B2Publication Date: 2019-09-24
- Inventor: Pavithra Harsha , Shivaram Subramanian
- Applicant: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Applicant Address: US NY Armonk
- Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Current Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Current Assignee Address: US NY Armonk
- Agency: Intelletek Law Group, PLLC
- Agent Gabriel Daniel, Esq.
- Main IPC: G06Q10/08
- IPC: G06Q10/08 ; G06Q30/02 ; G06Q10/06

Abstract:
A computer implemented method and system of allocating a target commodity product onto an omnichannel distribution system is provided. Historical data related to the target commodity product is retrieved. Data mining is performed on the retrieved historical data to identify patterns therefrom. An omnichannel nominal demand prediction model is developed based on the identified patterns of the data mining for the omnichannel distribution system. A life-cycle demand is forecast. An allocation for the target commodity product based on the omnichannel nominal demand prediction model is created. A worst case scenario of allocation of the target commodity product for the omnichannel distribution system is identified. The allocation is adjusted to prevent the worst case scenario.
Public/Granted literature
- US20180075401A1 ALLOCATING A PRODUCT INVENTORY TO AN OMNICHANNEL DISTRIBUTION SUPPLY CHAIN Public/Granted day:2018-03-15
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