USING CONSUMPTION DATA AND AN INVENTORY MODEL TO GENERATE A REPLENISHMENT PLAN

USING CONSUMPTION DATA AND AN INVENTORY MODEL TO GENERATE A REPLENISHMENT PLAN

A method, system, and computer program product for generating forecasts and replenishment plans. Some embodiments commence upon receiving point-of-sale data, then receiving distribution-level order data in a second data format. The first point-of-sale data comprises an item identifier and a first da...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: ARKIN EYTAN E, ZIVELIN NADAV, FELDMAN BART, GOPINATH NITHIN, GOYAL VIKASH, LIEBSON MICHAEL, SAINDANE KIRAN, PERIAKARUPPAN NAGAPPAN
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
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
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Beschreibung
Zusammenfassung:A method, system, and computer program product for generating forecasts and replenishment plans. Some embodiments commence upon receiving point-of-sale data, then receiving distribution-level order data in a second data format. The first point-of-sale data comprises an item identifier and a first date or first date range, and the distribution-level order data comprises the item identifier and a second date or second date range. The originators of the order data are determined using address identifiers (e.g., network location identifiers). The received data is combined wherein at least a portion of the point-of-sale data is combined with at least a portion of the distribution-level order data to generate a combined forecast for the item. Further processing includes receiving an inventory model parameter and combining at least a portion of the first point-of-sale consumption data with at least a portion of the distribution-level order data to generate a replenishment plan for the item.