| US 7,552,066 B1 | ||
| Method and system for retail store supply chain sales forecasting and replenishment shipment determination | ||
| Darryl V. Landvater, Williston, Vt. (US) | ||
| Assigned to The Retail Pipeline Integration Group, Inc., Essex Junction, Vt. (US) | ||
| Filed on Jul. 05, 2001, as Appl. No. 9/899,593. | ||
| Int. Cl. G06F 17/30 (2006.01) | ||
| U.S. Cl. 705—10 | 33 Claims |
| 1. A computer-implemented forecasting system for determining time-phased sales forecasts and planned replenishment shipments
for products that sell in low volumes in a retail store supply chain, the system comprising:
a computing resource having a processor, a memory and a program stored in said memory, wherein said processor executes said
program, said program including:
i) a first portion that determines projected sales of a plurality of low-volume products for a retail store in the supply
chain during a first time period using numerical representations of seasonal selling profiles for each of said plurality of
low-volume products during said first time period, wherein said projected sales are determined with respect to each of said
plurality of said low-volume products by evaluating when a mathematical product obtained by multiplying a random number times
a summation of said numerical representations of seasonal selling profiles for said each low-volume product for a plurality
of second time periods exceeds a threshold, wherein said threshold for each of said plurality of low-volume products equals
said random number times a summation of said numerical representations for said first time period for said each low-volume
product, further wherein said first portion uses said random number to determine an offset from a day in said first time period
for each of said low-volume products; and
ii) a second portion that, using said projected sales determined by said first portion, distributes within said first time
period replenishment shipment dates for each of said plurality of low-volume products, wherein said offset is used by said
second portion to define said replenishment shipment dates.
|