Inventory early warning agent with correction by error correlation calculation
First Claim
1. An inventory agent operating on software comprising instructions operable to cause a programmable processor to:
- receive inventory data related to stock in an inventory, the inventory data comprising planned inventory data and actual inventory data;
use the inventory data to calculate one or more correlations in errors between the planned inventory data and the actual inventory data;
use the one or more correlations to estimate a probability density for one or more errors;
calculate a predicted inventory level;
calculate an estimated error of the predicted inventory level using the probability density; and
adjust the predicted inventory level with the estimated error to estimate an actual inventory level.
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Accused Products
Abstract
An inventory agent operating on software includes instructions operable to cause a programmable processor to receive inventory data relating to stock in an inventory. The inventory data includes planned inventory data and actual inventory data. The instructions are operable to cause the programmable processor to use the inventory data to calculate one or more correlations in errors between the planned inventory data and the actual inventory data, use the one or more correlations in errors to estimate a probability density for one or more errors, calculate a predicted inventory level, calculate a likely error of the predicted inventory level using the estimate of the probability density, and adjust the predicted inventory level with the likely error to estimate a likely actual inventory level. The inventory agent may be implemented in a supply chain management system.
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Citations
49 Claims
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1. An inventory agent operating on software comprising instructions operable to cause a programmable processor to:
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receive inventory data related to stock in an inventory, the inventory data comprising planned inventory data and actual inventory data; use the inventory data to calculate one or more correlations in errors between the planned inventory data and the actual inventory data; use the one or more correlations to estimate a probability density for one or more errors; calculate a predicted inventory level; calculate an estimated error of the predicted inventory level using the probability density; and adjust the predicted inventory level with the estimated error to estimate an actual inventory level. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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25. A system comprising one or more computer systems and an inventory agent computer coupled to the computer systems over a network, the inventory agent computer being operable to:
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receive inventory data related to stock in an inventory, the inventory data comprising planned inventory data and actual inventory data; use the inventory data to calculate one or more correlations in errors between the planned inventory data and the actual inventory data; use the one or more correlations to estimate a probability density for one or more errors; calculate a predicted inventory level; calculate an estimated error of the predicted inventory level using the probability density; and adjust the predicted inventory level with the estimated error to estimate an actual inventory level. - View Dependent Claims (26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49)
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Specification