SYSTEMS AND METHODS FOR INVENTORY MANAGEMENT AND OPTIMIZATION

Patent №

US 11,620,612

Granted

2023-04-04

Filed 2019

Owner

C3.AI, INC.

Lab

AI components

7

ml · nlp · vision · kr · planning · evo · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

16506672

The present disclosure provides systems and methods that may advantageously apply machine learning to accurately manage and predict inventory variables with future uncertainty. In an aspect, the present disclosure provides a system that can receive an inventory dataset comprising a plurality of inventory variables that indicate at least historical (i) inventory levels, (ii) inventory holding costs, (iii) supplier orders, and/or (iv) lead times over time. The plurality of inventory variables can be characterized by having one or more future uncertainty levels. The system can process the inventory dataset using a trained machine learning model to generate a prediction of the plurality inventory variables. The system can provide the processed inventory dataset to an optimization algorithm. The optimization algorithm can be used to predict a target inventory level for optimizing an inventory holding cost. The optimization algorithm can comprise one or more constraint conditions.

AI classification

Machine learning1.00
Planning1.00
AI hardware1.00
Knowledge representation0.99
Vision0.96
Natural language0.77
Evolutionary computation0.67
Speech0.00

Ownership

C3.AI, INC.

namechg · 518480929

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