Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

Product inventory optimization system

An inventory optimization and product technology, applied in the direction of instruments, data processing applications, logistics, etc., can solve the problem of low accuracy of product inventory quantity, and achieve the best effect of economic benefits

Inactive Publication Date: 2017-09-22
上海战择信息科技有限公司
View PDF0 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0003] The technical problem to be solved by the present invention is to provide a product inventory optimization system in order to overcome the defect that the accuracy of the product inventory quantity predicted by the inventory management system of the prior art is not high

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Product inventory optimization system
  • Product inventory optimization system
  • Product inventory optimization system

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0033] The present invention is further illustrated below by means of examples, but the present invention is not limited to the scope of the examples.

[0034] Such as figure 1 As shown, the product inventory optimization system of this embodiment includes: an input port, a market combination node and an output port.

[0035] Input port 1 for the input product array and willingness to pay (WTP) matrix.

[0036] The willingness to pay matrix is ​​used to represent the willingness to pay of at least one virtual customer for each product in stock. If customers have a high willingness to pay (WTP) for a product, it doesn't necessarily mean they will buy it. Also important is the price of each product. That is, customers will buy the product that gives them the highest "consumer surplus." That is, each customer will buy the product with the highest WTP and the lowest price: consumer surplus = willingness to pay (WTP) - price.

[0037] Table 1 below schematically lists a willin...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

The invention discloses a product inventory optimization system, comprising: an input port for inputting an input product array and a willingness to pay matrix, the input product array includes product data of a group of inventory products, and the willingness to pay matrix is ​​used to represent at least one virtual The customer's willingness to pay for each inventory product; the market combination node is used to sequentially select an inventory product from the group of inventory products as the focus product, and calculate the increment of the remaining products after excluding the focus product according to the product data and the willingness to pay matrix Profit or Incremental Revenue or Incremental Sales Quantity; the market mix section is also used to sort the products in the set of inventory products in order of importance; an output port is used to output the output product array, which is used to represent the Sorting of group inventory products. The invention can accurately determine the best classification of products in the inventory and optimize the inventory quantity, so that the economic benefits of the enterprise can be kept at the optimum.

Description

technical field [0001] The invention relates to a product inventory optimization system. Background technique [0002] The inventory management system is an indispensable part of an enterprise and unit, and its content is crucial to the decision-makers and managers of the enterprise. The purpose of the user's research and development of the inventory management system is to control the quantity of product inventory in an optimal state, minimize the number of product stock keeping units (SKUs) that need to be managed, and improve the economic benefits of the enterprise. However, the current inventory management system simply considers the quantity, cost and sales price of the product without considering the purchase behavior of consumers, resulting in low accuracy of the inventory quantity predicted by the existing inventory management system. Contents of the invention [0003] The technical problem to be solved by the present invention is to provide a product inventory op...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q10/08
CPCG06Q10/087
Inventor 爱德文印松宋小云印义言
Owner 上海战择信息科技有限公司
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com