Computerized inventory redistribution control system
US11367042B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 5, 2019 |
| Grant date | Jun 21, 2022 |
| Priority date | — |
| Expiry date | May 3, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0838
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
One example of computerized inventory redistribution control includes, for each location inventory record in a set of location inventory records, calculating a quantity change that will bring a current item quantity to a different item quantity for the location inventory record. Determining a cost of a minimum-cost redistribution among the physical locations to effect the quantity changes. Determining a scaling factor that maximizes total revenue when the quantity changes are scaled by the scaling factor after deducting the cost scaled by the scaling factor. Generating transfer instructions for a redistribution of the item by scaling the transfer quantities of the minimum-cost redistribution by the scaling factor. Transmitting each transfer instruction to a computing device associated with a physical location indicated in the transfer instruction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.