Method and System For Retail Store Supply Chain Sales Forecasting and Replenishment Shipment Determination
First Claim
1. ) A computer-implemented replenishment shipment and transportation planning system for a plurality of products that sell in a retail store supply chain, the system comprising:
- a) a replenishment shipment system that determines planned shipment dates for a plurality of products to a retail store in the supply chain based on sales forecasts for said products; and
b) a transportation planning system that generates transportation plans for said plurality of products using said planned shipment dates determined by said replenishment system, wherein said transportation plans are determined at substantially the same time as said planned shipment dates.
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Abstract
A time-phased forecasting and replenishment system (20) for a retail supply chain for inventory management, financial management, capacity planning and transportation planning. A computer(s) (28) create time-phased plans for one or more retail facilities, such as various types of retail stores (23) and/or various types of suppliers (24). The system calculates projected sales for each product at each facility and calculates projected replenishment shipments between facilities and suppliers a specified number of weeks into the future. The calculated forecasts and replenishments are done in ways that account for the unique needs of retail organizations, and allow efficient processing and storage of the large data volumes typical in many retail organizations. In particular the system has specified logic for handling low-volume products, and has a transportation and capacity planning component that benefits retail stores. Also, the system is designed to operate on a continuous basis if desired.
102 Citations
15 Claims
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1. ) A computer-implemented replenishment shipment and transportation planning system for a plurality of products that sell in a retail store supply chain, the system comprising:
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a) a replenishment shipment system that determines planned shipment dates for a plurality of products to a retail store in the supply chain based on sales forecasts for said products; and b) a transportation planning system that generates transportation plans for said plurality of products using said planned shipment dates determined by said replenishment system, wherein said transportation plans are determined at substantially the same time as said planned shipment dates. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. ) A computer-implemented replenishment shipment and capacity planning system for a plurality of products that sell in a retail store supply chain, the system comprising:
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a) a replenishment shipment system that determines planned shipment dates for a plurality of products to a retail store in the supply chain based on sales forecasts for said products; and b) a capacity planning system that generates capacity plans for said plurality of products using said planned shipment dates determined by said replenishment system, wherein said capacity plans are determined at substantially the same time as said planned shipment dates. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. ) A method of determining replenishment shipments and transportation plans for a plurality of products that sell in a retail store supply chain comprising the steps of:
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a) determining planned shipment dates for a plurality of products to a retail store in the supply chain based on sales forecasts for said products; and b) generating transportation plans for said plurality of products using said planned shipment dates determined by said replenishment system, wherein said transportation plans are determined at substantially the same time as said planned shipment dates.
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Specification