- Patent Title: Multi-channel demand planning for inventory planning and control
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Application No.: US17529075Application Date: 2021-11-17
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Publication No.: US12079828B2Publication Date: 2024-09-03
- Inventor: Omar N. Jabri , Adam Riggall , Duane Sizemore , Peter Kim , Tikhon Jelvis , Yang Liu , Saibal Bhattacharya , Sayon Majumdar , Zeynep Erkin Baz
- Applicant: Target Brands, Inc.
- Applicant Address: US MN Minneapolis
- Assignee: Target Brands, Inc.
- Current Assignee: Target Brands, Inc.
- Current Assignee Address: US MN Minneapolis
- Agency: Merchant & Gould P.C.
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06Q10/067 ; G06Q10/087 ; G06Q30/0202 ; G06Q30/0601

Abstract:
Methods and systems for forecasting demand for items across multiple channels are disclosed. In some implementations, multi-channel demand forecasting may be performed on a per-item, per-location basis, by selectively generating item-location forecasts for each item and location within a supply chain for each channel, or disaggregating a chain level forecast on a per-item basis to each location. Particular selection of an appropriate model, and selective training of models, allows for efficient computation of such forecasts across a large supply chain with thousands of locations and hundreds of thousands, or millions, of items for which forecasts are generated.
Public/Granted literature
- US20230153844A1 MULTI-CHANNEL DEMAND PLANNING FOR INVENTORY PLANNING AND CONTROL Public/Granted day:2023-05-18
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