Invention Grant
- Patent Title: Cycle and safety stock determination systems
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Application No.: US16730051Application Date: 2019-12-30
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Publication No.: US11321651B2Publication Date: 2022-05-03
- Inventor: Kyuhoon Lim , Hyeong Bae Yang , Rajesh Medidhi , Smita Mohan , Je Kim
- Applicant: COUPANG CORP.
- Applicant Address: KR Seoul
- Assignee: COUPANG CORP.
- Current Assignee: COUPANG CORP.
- Current Assignee Address: KR Seoul
- Agency: Finnegan, Henderson, Farabow, Garrett & Dunner, LLP
- Main IPC: G06Q10/06
- IPC: G06Q10/06 ; G06Q10/08 ; G06Q30/02

Abstract:
Disclosed are methods and systems for intelligent distribution of products. In one aspect, a system comprises a memory storing instructions and at least one processor configured to execute the instructions. The processor performs operations include receiving forecasting data comprising an expected demand of a stock keeping unit and determining a target inventory of the SKU to satisfy the expected demand. The operations further include determining a regional target inventory of the SKU of a region comprising a plurality of fulfillment centers. The operations further comprise receiving historical data comprising the inbound and outbound shipment history of a fulfillment center in the plurality of fulfillment centers and generating a profile for the fulfillment center. The operations further comprise assigning a portion of the regional target inventory to the fulfillment center and transmitting instructions to a device to stock a number of SKUs in the fulfillment center based on the portion.
Public/Granted literature
- US20210201235A1 CYCLE AND SAFETY STOCK DETERMINATION SYSTEMS Public/Granted day:2021-07-01
Information query