SYSTEM AND METHOD FOR POST-PROCESSING DEMAND FORECASTS

A system and method for post-processing demand forecasts is presented. A forecast for a set of stock keeping units (SKUs) is received. Thereafter, a series of adjustments is are performed on the forecast. One adjustment involves determining how often orders are fulfilled by a drop ship vendor and ad...

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Bibliographische Detailangaben
Hauptverfasser:	Mukherjee Ashin, Feng Huijun
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 system and method for post-processing demand forecasts is presented. A forecast for a set of stock keeping units (SKUs) is received. Thereafter, a series of adjustments is are performed on the forecast. One adjustment involves determining how often orders are fulfilled by a drop ship vendor and adjusting a forecast to adjust for the fact that a portion of the forecast will never need to be ordered and stored at the retailer's warehouses. Another adjustments involves determining if there is a parent SKU the contains multiple child SKUs and adjusting accordingly. Another adjustment involves determining in there are any bundle SKUs that could be added to an individual SKU's forecast. Another adjustment involves adjusting a forecast based on a special buy. Another adjustment involves removing possibly dead items. Other embodiments are also disclosed herein.