System and method to predict service level failure in supply chains
US11429927B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 22, 2018 |
| Grant date | Aug 30, 2022 |
| Priority date | — |
| Expiry date | Oct 22, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0635
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method are disclosed for receiving only historical supply chain data from an archiving system for one or more supply chain entities storing items at stocking locations, predicting one or more supply chain events during a prediction period by applying a prediction model to a sample of historical supply chain data, calculating an occurrence risk score for at least one of the one or more supply chain events and indicating a possibility that the at least one of the one or more supply chain events will occur, generating one or more alerts identifying at least one item and at least one alert stocking location, rendering an alert heatmap visualization comprising one or more selectable user interface elements, and provide one or more tools for initiating corrective actions to be undertaken in order to resolve one or more underlying causes of the at least one alert supply chain event.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.