- Patent Title: System and method for forecast driven replenishment of merchandise
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Application No.: US14671233Application Date: 2015-03-27
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Publication No.: US09990597B2Publication Date: 2018-06-05
- Inventor: Lin He , Catalin Popescu , Brent Li
- 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: Cooper Legal Group, LLC
- Main IPC: G06Q10/00
- IPC: G06Q10/00 ; G06Q10/06 ; G06Q10/08 ; G06Q30/02

Abstract:
Systems, methods, and other embodiments are disclosed that are configured to generate replenishment parameters for use by an external replenishment system. In one embodiment, sales statistics are generated for an item based at least in part on historical sales data for the item. A determination is made as to if demand forecast data is available for the item. If demand forecast data is not available, an order-point value for the item is generated based at least in part on the sales statistics. If demand forecast data is available, demand forecast statistics are generated and the order-point value is generated based at least in part on the sales statistics and the demand forecast statistics. An order-up-to-level is generated based at least in part on the order-point value.
Public/Granted literature
- US20160283881A1 SYSTEM AND METHOD FOR FORECAST DRIVEN REPLENISHMENT OF MERCHANDISE Public/Granted day:2016-09-29
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