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. 21, 2021
Filed:
Apr. 15, 2020
Coupang Corp., Seoul, KR;
Wei Wei, Shanghai, CN;
Guangyao Zhang, Shanghai, CN;
Yong Zang, Shanghai, CN;
Timothy Schoenharl, Shanghai, CN;
Coupang Corp., Seoul, KR;
Abstract
A computer-implemented systems and methods for intelligent generation of purchase orders is disclosed. The system may be configured to execute instructions for: receiving one or more demand forecast quantities of one or more products, the products corresponding to one or more product identifiers, and the demand forecast quantities comprising a demand forecast quantity for each product for each unit of time; receiving supplier statistics data for one or more suppliers, the suppliers being associated with a portion of the products; receiving current product inventory levels and currently ordered quantities of the products; determining preliminary order quantities for the products; constraining the preliminary order quantities to obtain recommended order quantities based at least on the supplier statistics data, the current product inventory levels, and the currently ordered quantities; and generating purchase orders to the suppliers for the products based on the recommended order quantities.