ON-SHELF AVAILABILITY SYSTEM AND METHOD
First Claim
1. A method comprising:
- accessing transaction data that includes past sales transactions;
determining, using a processor of a machine, a virtual time scale based on a transformation of the transaction data for a particular product category from a real-time scale to the virtual time scale that provides uniformly distributed sales;
determining at least one estimation parameter of an exponential function based on the virtual time scale and the transaction data; and
using the at least one estimation parameter, monitoring current sales transaction data to detect a critical time that indicates a high probability that the particular product category will be out-of-shelf.
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Abstract
Systems and methods to determine on-shelf availability are provided. In example embodiments, transaction data that includes past sales transactions is accessed. A virtual time scale is determined. The virtual time scale is based on a transformation of the transaction data for a particular product category from a real-time scale to the virtual time scale that provides uniformly distributed sales. At least one estimation parameter of an exponential function based on the virtual time scale and the transaction data is determined. Using the at least one estimation parameter, current sales transaction data is monitored to detect a critical time that indicates a high probability that the particular product category will be out-of-shelf.
85 Citations
20 Claims
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1. A method comprising:
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accessing transaction data that includes past sales transactions; determining, using a processor of a machine, a virtual time scale based on a transformation of the transaction data for a particular product category from a real-time scale to the virtual time scale that provides uniformly distributed sales; determining at least one estimation parameter of an exponential function based on the virtual time scale and the transaction data; and using the at least one estimation parameter, monitoring current sales transaction data to detect a critical time that indicates a high probability that the particular product category will be out-of-shelf. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A machine-readable storage medium in communication with at least one processor, the non-transitory machine-readable storage medium storing instructions which, when executed by the at least one processor of a machine, cause the machine to perform operations comprising:
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accessing transaction data that includes past sales transactions; determining, using a processor of a machine, a virtual time scale based on a transformation of the transaction data for a particular product category from a real-time scale to the virtual time scale that provides uniformly distributed sales; determining at least one estimation parameter of an exponential function based on the virtual time scale and the transaction data; and using the at least one estimation parameter, monitoring current sales transaction data to detect a critical time that indicates a high probability that the particular product category will be out-of-shelf. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19)
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20. A system comprising:
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a processor of a machine; a pattern analysis module to access transaction data that includes past sales transactions and to determine, using the processor of the machine, a virtual time scale based on a transformation of the transaction data for a particular product category from a real-time scale to the virtual time scale that provides uniformly distributed sales; an estimation module to determine at least one estimation parameter of an exponential function based on the virtual time scale and the transaction data; and a monitoring module to monitor, using the at least one estimation parameter, current sales transaction data to detect a critical time that indicates a high probability that the particular product category will be out-of-shelf.
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Specification