Budget planner for softlines
First Claim
1. A computer-implemented method, comprising:
- under control of one or more computer systems configured with executable instructions to implement a management system associated with managing a budget across a plurality of item types offered at an electronic platform of a seller and available from a provider,accessing, by the management system from a data store associated with the electronic platform, historical data, seller data, and provider data associated with the plurality of item types;
ranking, by the management system, the plurality of item types in a ranked order based at least in part on two or more of the historical data, the seller data, or the provider data;
receiving, by the management system, information about an overall purchase budget amount associated with the seller ordering the plurality of item types from the provider to facilitate offering the plurality of item types at the electronic platform;
allocating, by the management system, a target purchase budget amount from the overall purchase budget amount to a portion of the plurality of item types according to an assortment determination algorithm implemented with the executable instructions, the assortment determination algorithm configured to allocate individual target purchase budget amounts from the overall purchase budget to respective portions of the plurality of item types based at least in part on the ranked order of the plurality of item types and a combination of parameters associated with one or more of the historical data, the seller data, or the provider data;
providing, by the management system, access to the plurality of allocated target purchase budget amounts to a computing device of a user, the access allowing the user to request an adjustment to the plurality of target purchase budget amounts;
automatically, by the management system, adjusting the target purchase budget amount of the portion of the plurality of item types according to the assortment determination algorithm upon approval of a request from the computing device of the user for adjusting another target purchase budget amount from the overall purchase budget amount; and
outputting the target purchase budget as adjusted from the management system to a procurement system, the outputting causing the procurement system to generate orders for the plurality of item types based at least in part on the target purchase budget as adjusted, the orders enabling the provider to offer the plurality of item types at the electronic marketplace,wherein the plurality of allocated target purchase budget amounts are sent to a commitment tracker and used in generating and tracking one or more commitments by the provider, and wherein changes to the one or more commitments trigger further automatic reallocation of the target purchase budget amount.
1 Assignment
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Accused Products
Abstract
Various approaches described herein enable various types of users, such as finance managers, vendors, and vendor managers to access up-to-date information in a retail environment that can assist with obtaining and tracking various items to be offered through that environment. A budget planner can analyze information such as historical performance, projection, and vendor data to establish a budget plan for various providers for a particular period. The budget information is fed to an assortment planner, which can use similar and other types of information to allocate that budget across various types and styles of item for each provider. A commitment tracker enables a user to commit to at least some portion of the allocation for various items, and track how well the orders are filled. Information at each level is fed back into the system to be almost instantly available and to adjust allocations for current or future periods.
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Citations
19 Claims
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1. A computer-implemented method, comprising:
under control of one or more computer systems configured with executable instructions to implement a management system associated with managing a budget across a plurality of item types offered at an electronic platform of a seller and available from a provider, accessing, by the management system from a data store associated with the electronic platform, historical data, seller data, and provider data associated with the plurality of item types; ranking, by the management system, the plurality of item types in a ranked order based at least in part on two or more of the historical data, the seller data, or the provider data; receiving, by the management system, information about an overall purchase budget amount associated with the seller ordering the plurality of item types from the provider to facilitate offering the plurality of item types at the electronic platform; allocating, by the management system, a target purchase budget amount from the overall purchase budget amount to a portion of the plurality of item types according to an assortment determination algorithm implemented with the executable instructions, the assortment determination algorithm configured to allocate individual target purchase budget amounts from the overall purchase budget to respective portions of the plurality of item types based at least in part on the ranked order of the plurality of item types and a combination of parameters associated with one or more of the historical data, the seller data, or the provider data; providing, by the management system, access to the plurality of allocated target purchase budget amounts to a computing device of a user, the access allowing the user to request an adjustment to the plurality of target purchase budget amounts; automatically, by the management system, adjusting the target purchase budget amount of the portion of the plurality of item types according to the assortment determination algorithm upon approval of a request from the computing device of the user for adjusting another target purchase budget amount from the overall purchase budget amount; and outputting the target purchase budget as adjusted from the management system to a procurement system, the outputting causing the procurement system to generate orders for the plurality of item types based at least in part on the target purchase budget as adjusted, the orders enabling the provider to offer the plurality of item types at the electronic marketplace, wherein the plurality of allocated target purchase budget amounts are sent to a commitment tracker and used in generating and tracking one or more commitments by the provider, and wherein changes to the one or more commitments trigger further automatic reallocation of the target purchase budget amount. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A system configured to manage a budget across multiple item types offered by a provider at an electronic platform of a seller, comprising:
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at least one processor; and at least one memory device including instructions that, when executed by the at least one processor, cause the system to, at least; access a data store that includes one or more of historical data, seller data, or provider data associated with the plurality of item types, the data store associated with the electronic platform; rank the plurality of item types in a ranked order based at least in part on the one or more of the historical data, the seller data, or the provider data; receive information about an overall purchase budget amount associated with the seller ordering the plurality of item types from the provider to facilitate offering the plurality of item types at the electronic platform; allocate a target purchase budget amount from the overall purchase budget amount of the seller to a portion of the plurality of item types according to an assortment determination algorithm, the assortment determination algorithm configured to allocate individual target purchase budget amounts from the overall purchase budget to respective portions of the plurality of item types based at least in part on the ranked order of the plurality of item types and a combination of parameters associated with one or more of the historical data, the seller data, or the provider data; providing access to the plurality of allocated target purchase budget amounts to a user device, the access allowing a request from the user device for an adjustment to the plurality of target purchase budget amounts; automatically adjust the target purchase budget of the portion of the plurality of item types according to the assortment determination algorithm upon approval of the request from the user device for adjusting another target purchase budget amount from the overall purchase budget amount; and output the target purchase budget as adjusted to a procurement system, the outputting causing the procurement system to generate orders for the plurality of item types based at least in part on the target purchase budget as adjusted, the orders enabling the provider to offer the plurality of item types at the electronic marketplace, wherein the plurality of allocated target purchase budget amounts are sent to a commitment tracker and used in generating and tracking one or more commitments by the provider, and wherein changes to the one or more commitments trigger further automatic reallocation of the target purchase budget amount. - View Dependent Claims (14, 15)
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16. A non-transitory computer-readable storage medium including instructions for managing a budget across multiple item types offered by a provider at an electronic platform of a seller, the instructions when executed by at least one processor cause the at least one processor to at least:
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obtain, from a data store associated with the electronic platform, historical data, seller data, and provider data associated with the plurality of item types; rank the plurality of item types in a ranked order based at least in part on two or more of the historical data, the seller data, or the provider data; obtain information about an overall purchase budget amount associated with the seller ordering the plurality of item types from the provider to facilitate offering the plurality of item types at the electronic platform; allocate a target purchase budget amount from the overall purchase budget amount to a portion of the plurality of item types according to an assortment determination algorithm, the assortment determination algorithm configured to allocate individual target purchase budget amounts from the overall purchase budget to respective portions of the plurality of item types based at least in part on the ranked order of the plurality of item types and a combination of parameters associated with one or more of the historical data, the seller data, or the provider data; provide access to the plurality of allocated target purchase budget amounts to a user device, the access allowing a request from the user device for one or more adjustments to the plurality of allocated purchase budget amounts; automatically adjust the target purchase budget amount of the portion of the plurality of item types according to the assortment determination algorithm upon approval of the request from the user device to adjust another target purchase budget amount from the overall purchase budget amount; and output the target purchase budget as adjusted to a procurement system, the outputting causing the procurement system to generate orders for the plurality of item types based at least in part on the target purchase budget as adjusted, the orders enabling the provider to offer the plurality of item types at the electronic marketplace, wherein the plurality of allocated target purchase budget amounts are sent to a commitment tracker and used in generating and tracking one or more commitments by the provider, and wherein changes to the one or more commitments trigger further automatic reallocation of the target purchase budget amount. - View Dependent Claims (17, 18, 19)
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Specification