Target inventory determination based on hosted merchants presence
US8732040B1 · kind B1 · utility
49Cited by
10References
21Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Aug 16, 2011 |
| Grant date | May 20, 2014 |
| Priority date | — |
| Expiry date | Oct 2, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/203
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and systems for inventory planning are described. An inventory reduction factor for an entity, based at least in part on an estimated ability of hosted merchants to fulfill demand for an item, may be determined. An adjusted target inventory estimate may be calculated using the determined inventory reduction factor and a target inventory quantity. The hosted merchants may be merchants offering the item for sale via a sales channel through which the entity also offers the item. The hosted merchants may in some cases be merchants offering the item for sale via the entity's website.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.