Continuous planning review system
First Claim
Patent Images
1. A method, comprising:
- performing, by one or more computers of an inventory replenishment system of a merchant;
in response to receiving an indication of one or more inventory requirement triggers, automatically scheduling, by the inventory replenishment system of the merchant, an inventory planning request for a particular inventory item, wherein the inventory planning request is a request to generate a replenishment plan for the particular inventory item;
wherein said scheduling is based on one or more ordering deadlines associated with the particular inventory item, wherein the one or more ordering deadlines are specified by one or more vendors that supply the particular inventory item to the merchant;
in accordance with the scheduled inventory planning request, automatically generating, by the inventory replenishment system of the merchant, a particular inventory replenishment plan based on the merchant'"'"'s current inventory position of the particular inventory item;
storing, by the inventory replenishment system of the merchant, the particular inventory replenishment plan; and
executing, by the inventory replenishment system of the merchant, the particular inventory replenishment plan, said executing comprises sending an order for the particular inventory item to the one or more vendors that supply the particular inventory item to the merchant, wherein said executing includes;
aggregating the particular inventory replenishment plan and one or more other inventory replenishment plans, wherein the particular inventory replenishment plan and one or more other inventory replenishment plans are generated by the inventory replenishment system of the same merchant; and
determining whether adjustment of the particular inventory replenishment plan is required based on aggregation of the particular inventory replenishment plan and the one or more other inventory replenishment plans.
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Abstract
Systems and methods for inventory planning. In some embodiments, automated real-time inventory replenishment planning is provided based on business inputs, such as vendor order-processing schedules. To this end, continuous inventory review of target inventory positions is performed to automatically derive inventory replenishment frequencies and corresponding buying schedules. Such systems and methods may increase efficiency by decoupling the generation of inventory replenishment plans and the execution of the generated inventory replenishment plans.
133 Citations
21 Claims
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1. A method, comprising:
performing, by one or more computers of an inventory replenishment system of a merchant; in response to receiving an indication of one or more inventory requirement triggers, automatically scheduling, by the inventory replenishment system of the merchant, an inventory planning request for a particular inventory item, wherein the inventory planning request is a request to generate a replenishment plan for the particular inventory item; wherein said scheduling is based on one or more ordering deadlines associated with the particular inventory item, wherein the one or more ordering deadlines are specified by one or more vendors that supply the particular inventory item to the merchant; in accordance with the scheduled inventory planning request, automatically generating, by the inventory replenishment system of the merchant, a particular inventory replenishment plan based on the merchant'"'"'s current inventory position of the particular inventory item; storing, by the inventory replenishment system of the merchant, the particular inventory replenishment plan; and executing, by the inventory replenishment system of the merchant, the particular inventory replenishment plan, said executing comprises sending an order for the particular inventory item to the one or more vendors that supply the particular inventory item to the merchant, wherein said executing includes; aggregating the particular inventory replenishment plan and one or more other inventory replenishment plans, wherein the particular inventory replenishment plan and one or more other inventory replenishment plans are generated by the inventory replenishment system of the same merchant; and determining whether adjustment of the particular inventory replenishment plan is required based on aggregation of the particular inventory replenishment plan and the one or more other inventory replenishment plans. - View Dependent Claims (2, 3, 4, 5, 6)
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7. An inventory replenishment system of a merchant, comprising:
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at least one processor; and memory coupled to the at least one processor, wherein the memory stores program instructions that are executable by the system of the merchant to cause the system to perform operations comprising; scheduling, by the inventory replenishment system of the merchant, an inventory planning request for a particular inventory item in response to receiving an indication of one or more inventory requirement triggers, wherein the inventory planning request is a request to generate a replenishment plan for the particular inventory item; automatically generating, by the inventory replenishment system of the merchant, a particular inventory replenishment plan based on the merchant'"'"'s current inventory position of the particular inventory item, wherein said automatically generating is performed in accordance with the scheduled inventory planning request; scheduling, by the inventory replenishment system of the merchant, execution of the particular inventory replenishment plan separate from said scheduling the inventory planning request to generate the replenishment plan for the particular inventory item, thereby decoupling generation and execution of the generated replenishment plan from each other; and executing, by the inventory replenishment system of the merchant and in accordance with said scheduling execution of the particular inventory replenishment plan, the scheduled particular inventory replenishment plan, said executing comprises sending an order for the particular inventory item to one or more suppliers that supply the particular inventory item to the merchant. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15)
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16. An article of manufacture comprising a non-transitory computer-readable storage medium having instructions stored thereon that, responsive to execution by a computer system, cause the computer system to perform operations comprising:
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receiving, by an inventory replenishment system of the merchant, an indication of one or more inventory requirement triggers; scheduling, by the inventory replenishment system of the merchant, an inventory planning request for a particular inventory item based on the received indication of the one or more inventory requirement triggers, wherein the inventory planning request is a request to generate a replenishment plan for the particular inventory item; automatically generating, by the inventory replenishment system of the merchant, a particular inventory replenishment plan based on the merchant'"'"'s current inventory position of the particular inventory item, wherein said automatically generating is performed in accordance with the scheduled inventory planning request; scheduling, by the inventory system of the merchant, the particular inventory replenishment plan separate from said scheduling an inventory planning request to generate the replenishment plan for the particular inventory item, thereby decoupling generation and execution of the generated replenishment plan from each other; and executing, by the inventory replenishment system of the merchant and in accordance with said scheduling execution of the particular inventory replenishment plan, the scheduled particular inventory replenishment plan, said executing comprises sending an order for the particular inventory item to one or more vendors that supply the particular inventory item to the merchant. - View Dependent Claims (17, 18, 19, 20, 21)
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Specification