METHOD AND SYSTEM FOR DETERMINING TIME-PHASED PRODUCT SALES FORECASTS AND PROJECTED REPLENISHMENT SHIPMENTS FOR A RETAIL STORES SUPPLY CHAIN
Patent №
US 6,609,101
Granted
2003-08-19
Filed 2000
Owner
RETAIL PIPELINE INTEGRATION GROUP, INC., THE
Lab
—
AI components
3
planning · evo · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09536335
A time-phased forecasting and replenishment system (20) for retail organizations which can be used for inventory management and financial management. One or more computers (28) create time-phased plans for one or more retail facilities, such as various types of retail stores (23) and/or various types of suppliers (24). The system calculates projected sales for each product at each facility and calculates projected replenishment shipments between facilities and suppliers a specified number of weeks into the future. The calculated forecasts and replenishments are done in ways that account for the unique needs of retail organizations, and allow efficient processing and storage of the large data volumes typical in many retail organizations.
AI classification
Ownership
RETAIL PIPELINE INTEGRATION GROUP, INC., THE
assignment · 106490934
Assignors
LANDVATER, DARRYL V.
On an employer assignment, the assignors are typically the inventors.