Methods and systems for collaborative demand planning and replenishment
First Claim
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1. A method for generating replenishment orders for first and second products, comprising:
- providing a vendor managed inventory server configured to manage inventory across multiple retail stores of a retailer;
providing the retailer a retailer computer system configured to store at least the following retailer level data;
(a) fixture level capacity information regarding a first and a second, different fixture with respective first and second fixture identifiers, (b) fixture level sales performance information regarding sales of a first particular product having a first product code and a first fixture identifier and a second, different particular product having a second, different product code and a first fixture identifier from the first and second fixtures, (c) fixture level product demand trend data for the first and second fixtures, and configured to access the vendor management inventory server over a network, the retailer level data lacking store identification information;
the vendor managed inventory server electronically receiving the fixture level capacity information, the fixture level sales performance information, and the fixture level product demand trend data, and receiving store level fixture configurations of each of the retail stores over the network;
the vendor managed inventory server automatically determining a recommended store level replenishment order for the first product at the second fixture relative to the second product at the first fixture as a function of the capacity information, sales performance information, and the product demand trend data, and by matching fixture identifiers in the retailer level data to fixture identifiers in the fixture configurations;
a vendor providing the first and the second products according to the recommended relative replenishment order to the retailer for each of the retail stores; and
the vendor managed inventory server calculating fixture level forecast data, rate of return data, and performance data, and sending the calculated data to the retailer system via the network.
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Abstract
The present invention provides systems and methods for generating replenishment orders for products sold to a multi-store retailer. Store trait data is mapped with planogram information and the mapped data is used to generate a fixture level safety stock for a particular product in a particular store. The fixture level safety stock triggers fixture level replenishment orders.
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Citations
11 Claims
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1. A method for generating replenishment orders for first and second products, comprising:
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providing a vendor managed inventory server configured to manage inventory across multiple retail stores of a retailer; providing the retailer a retailer computer system configured to store at least the following retailer level data;
(a) fixture level capacity information regarding a first and a second, different fixture with respective first and second fixture identifiers, (b) fixture level sales performance information regarding sales of a first particular product having a first product code and a first fixture identifier and a second, different particular product having a second, different product code and a first fixture identifier from the first and second fixtures, (c) fixture level product demand trend data for the first and second fixtures, and configured to access the vendor management inventory server over a network, the retailer level data lacking store identification information;the vendor managed inventory server electronically receiving the fixture level capacity information, the fixture level sales performance information, and the fixture level product demand trend data, and receiving store level fixture configurations of each of the retail stores over the network; the vendor managed inventory server automatically determining a recommended store level replenishment order for the first product at the second fixture relative to the second product at the first fixture as a function of the capacity information, sales performance information, and the product demand trend data, and by matching fixture identifiers in the retailer level data to fixture identifiers in the fixture configurations; a vendor providing the first and the second products according to the recommended relative replenishment order to the retailer for each of the retail stores; and
the vendor managed inventory server calculating fixture level forecast data, rate of return data, and performance data, and sending the calculated data to the retailer system via the network. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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Specification