Multi-channel demand planning for inventory planning and control
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United States of America Patent
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Sep 3, 2024
Grant Date -
May 18, 2023
app pub date -
Nov 17, 2021
filing date -
Nov 17, 2021
priority date (Note) -
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Abstract
Methods and systems for forecasting demand for items across multiple channels are disclosed. In some implementations, multi-channel demand forecasting may be performed on a per-item, per-location basis, by selectively generating item-location forecasts for each item and location within a supply chain for each channel, or disaggregating a chain level forecast on a per-item basis to each location. Particular selection of an appropriate model, and selective training of models, allows for efficient computation of such forecasts across a large supply chain with thousands of locations and hundreds of thousands, or millions, of items for which forecasts are generated.
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