System and method for generating shipment forecasts for materials handling facilities
US9466043B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 15, 2013 |
| Grant date | Oct 11, 2016 |
| Priority date | — |
| Expiry date | Sep 14, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Embodiments may include a forecasting component that, for each of different service levels offered to customers, generates a projection of the quantity of shipments to be shipped according to that service level during a time period. The forecasting component may be configured to, based on an aggregate quantity of shipments projected to be shipped, modify the projected quantities of shipments for the multiple service levels. The forecasting component may, for each service level, receive information specifying a distribution of different shipment methods that are projected to be utilized to ship shipments of a particular priority designation to meet requirements of that service level. The forecasting component may, based on the distribution for each service level and the modified projected quantity of shipments for each service level, generate a forecast specifying quantities of shipments that are to be shipped during the time period according to each of the different shipment methods.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.