Decision support system for optimizing the unit identifier stocking decision
US11989688B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Feb 7, 2022 |
| Grant date | May 21, 2024 |
| Priority date | — |
| Expiry date | Aug 8, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/087
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Technology for optimizing automated inventory management is described. In an example implementation, a method, implemented using one or more computing devices, may generate unit identifier sets based on affinities between items uniquely identified by the unit identifiers, determine first and second contribution values for each of the unit identifier sets, and calculate a difference between the first and the second contribution values for each of the unit identifier sets. The method may further calculate an incremental carton and expense prevention opportunity (ICEPO) value for the unit identifier sets, calculate an adjusted fulfillment center stocking score using the ICEPO value and the difference between the first and the second contribution values for each of the unit identifier sets, select a subset of the unit identifier sets based on the adjusted fulfillment center stocking score, and output the subset to an inventory replenishment system that manages stocking of items.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.