×

Supply chain demand forecasting and planning

  • US 7,080,026 B2
  • Filed: 10/29/2001
  • Issued: 07/18/2006
  • Est. Priority Date: 10/27/2000
  • Status: Expired due to Fees
First Claim
Patent Images

1. A method for forecasting future demand, said method comprising the steps of:

  • setting up a database and defining Demand Forecasting Units (DFUs), each of said DFUS pertaining particular product at a particular location;

    preparing a forecast for each of the DFUS;

    reviewing said prepared forecasts;

    and for one or more of said DFUS, publishing said reviewed forecasts associated with said DFUS;

    wherein said forecast preparing step further comprises;

    identifying active DFUS, and for each of said active DFUS;

    preparing a history stream;

    associating a demand forecasting algorithm said history stream;

    and using said history stream and said demand forecasting algorithm to generate an active DFU forecast;

    wherein said step of using said history stream and said demand forecasting algorithm to generating an active DFU forecast further comprises;

    selecting history data related to said history stream, and performing a least-squares regression on said history data;

    wherein said step selecting history data related to said history stream comprises identifying a maximum number of terms said history stream, and wherein the step of performing a least-squares regression comprises using only the maximum number of terms;

    wherein said step of using said history stream and said demand forecasting algorithm to generating an active DFU forecast further comprises testing of said terms for significant amplitude.

View all claims
  • 12 Assignments
Timeline View
Assignment View
    ×
    ×