Method and system for adaptive inventory replenishment
The disclosure herein generally relates to inventory management, and, more particularly, to a method and system for adaptive inventory replenishment. The system collects real-time information on product-inflow, product-outflow, and damaged goods, as input, and processes the inputs to learn a product...
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| creator | Srinivas, Ananda Padmanaban Ganesan, Viswanath Kumar |
| description | The disclosure herein generally relates to inventory management, and, more particularly, to a method and system for adaptive inventory replenishment. The system collects real-time information on product-inflow, product-outflow, and damaged goods, as input, and processes the inputs to learn a product-replenishment pattern. Further, a replenishment policy that matches the learnt product-replenishment pattern is selected, and based on the selected replenishment policy, at least one product-replenishment recommendation for the collected real-time information is generated. |
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| subjects | CALCULATING COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
| title | Method and system for adaptive inventory replenishment |
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