The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 17, 2019
Filed:
May. 12, 2015
Oracle International Corporation, Redwood Shores, CA (US);
Kiran V. Panchamgam, Burlington, MA (US);
ORACLE INTERNATIONAL CORPORATION, Redwood Shores, CA (US);
Abstract
Systems, methods, and other embodiments associated with assortment and display space optimization are described. In one embodiment, a method creates an optimal planogram. The example method includes receiving data describing i) a set of items described by item dimensions, ii) display space dimensions; iii) business rules, and iv) a key performance indicator. A set of possible shelf positions is identified for each item. An expected sales volume is calculated for each item and shelf position pair based, at least in part, on a selected demand model. The method includes providing i) the expected sales volume for the item and shelf position pairs, ii) a set of constraints that embody the business rules, and iii) an objective function to an optimization problem solver that computes a solution. Based on the solution, a planogram is output that specifies the assortment of items and respective optimal shelf positions of the items.