Method and system for accurately estimating amount of materials in stores

Abstract

Systems, methods, and apparatus are disclosed for estimating quantities of stored materials in an unmonitored store. The data from a lower-fidelity store can be collected by a person (manual or 'unmonitored' stores), which are manually collected unmonitored data, whereas monitored data from a higher-fidelity store can be collected by automated sensors from one or more similar stores (“monitored” stores). The present system may take as initial input historical data from a set of monitored stores and historical data for a set of manual stores. The system may continuously receive, over time, monitored data from monitored stores data and unmonitored data from manual stores. The system generates a model using the monitored data and the unmonitored data and applies the model to user-specified input data parameters to generate estimates of an inventory parameter, such as remaining material quantities in the set of manual unmonitored stores since their latest manual data collection.