System and method for root cause analysis and early warning of inventory problems

US10872309B2 · kind B2 · utility

Assignee

• Blue Yonder Group, Inc. · US

Inventors

• Shipra Surendra · Bengaluru, IN
• Manish Ghosh · Bengaluru, IN
• Adeel Najmi · Plano, US
• Arindam Banerjee · Sunnyvale, US
• Krishna P. Singh · Hobe Sound, US

Key dates

• Filing date: Oct 30, 2017
• Grant date: Dec 22, 2020
• Expiry date: Jan 30, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/203
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method is disclosed for root cause analysis and early warning of inventory problems. The system includes a server coupled with a database and configured to access the data describing inventory policy parameters of a supply chain network, the data describing one or more demand patterns and one or more replenishment patterns of the supply chain network, and the data describing the supply chain network comprising a plurality of entities, each entity configured to supply one or more items to satisfy a demand. The server is further configured to optimize the inventory policy parameters for each of the one or more items according to the one or more demand patterns and the one or more replenishment patterns and store the optimized inventory policy parameters in the database for each of the one or more items.