Invention Grant
- Patent Title: System and method for controlling inventory depletion by offering different prices to different customers
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Application No.: US16167900Application Date: 2018-10-23
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Publication No.: US11410117B2Publication Date: 2022-08-09
- Inventor: Su-Ming Wu , Andrew Vakhutinsky
- Applicant: ORACLE INTERNATIONAL CORPORATION
- Applicant Address: US CA Redwood Shores
- Assignee: ORACLE INTERNATIONAL CORPORATION
- Current Assignee: ORACLE INTERNATIONAL CORPORATION
- Current Assignee Address: US CA Redwood Shores
- Agency: Kraguljac Law Group, LLC
- Main IPC: G06Q10/08
- IPC: G06Q10/08 ; G06Q30/02

Abstract:
Systems, methods, and other embodiments associated with controlling inventory depletion by offering different prices to different customers are described. In one embodiment, a method includes establishing first and second allocations of fulfillment centers to different geographic regions during a markdown phase. Different price schedules are determined for the orders to be fulfilled during the markdown phase based on the first and second allocations. A predicted profit is generated for the orders fulfilled under each of the different price schedules. A price schedule corresponding to the first allocation is selected as resulting in a greater predicted profit than another one of the different price schedules. A sale terminal is controlled to enact the selected price schedule during the markdown phase to cause fulfillment of the incoming orders according to the first allocation of the fulfillment centers.
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