Inventory Replenishment Display Using Service Forecasts
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Solution Overview
Problem
Existing methods for determining commodity replenishment quantities in stores are inefficient and often lead to delayed replenishments due to reliance on manual calculations and lack of timely inventory adjustments.
Innovation Solution
A data display method and apparatus that acquires object parameters and service forecast quantities to determine replenishment quantities, adjusting for available inventory and service factors, and displays the necessary replenishment amounts automatically.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If manual calculation methods are used to determine replenishment quantities, then salesmen can obtain purchase quantities through historical average sales volume calculations, but the process is inefficient and leads to delayed replenishments
Solution Approach 1:
The patent replaces the manual mechanical calculation system with an automated computer-based system. The data processing apparatus automatically retrieves historical sales data, calculates average sales volumes, determines replenishment quantities, and generates purchase orders without human intervention, eliminating the inefficiency of manual calculations and preventing replenishment delays.
Solution Approach 2:
The system enables self-service replenishment by automatically monitoring inventory levels, calculating required quantities based on historical data and service level requirements, and generating purchase orders. The apparatus serves itself by continuously updating inventory status and triggering replenishment actions without requiring salesman intervention.
2Productivity
If automated data processing is implemented to determine replenishment quantities, then replenishment efficiency is improved and delays are reduced, but system complexity increases
Solution Approach 1:
The data processing apparatus performs multiple functions within a single integrated system: it stores historical sales data, retrieves current inventory status, calculates average sales volumes, determines optimal replenishment quantities based on service level requirements, and generates purchase orders. This multi-functionality reduces the need for separate systems while improving efficiency.
Solution Approach 2:
The patent introduces a data processing apparatus as an intermediary between inventory monitoring and purchase order generation. This intermediary automatically processes the replenishment logic, serving as a mediator that simplifies the overall system architecture by centralizing the calculation and decision-making functions in a single dedicated component.
Data Source
AI summary
A data display method and an apparatus. The method includes: obtaining, from a first device, an object parameter and a service forecast quantity of a first object in a first service unit, and an available quantity of the first object; determining a first replenishment quantity for making replenishment for the first object in the first service unit according to the object parameter and the service forecast quantity; and determining a second replenishment quantity for replenishment that needs to be made for the first object in the first service unit according to the available quantity and the first replenishment quantity, and displaying the second replenishment quantity, which is used to improve an efficiency of making replenishment for the first object in the first service unit.