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:
Jul. 17, 2012
Filed:
Sep. 24, 2009
Gustavo Ayres DE Castro, Scottsdale, AZ (US);
Mohammed Mneimneh, Scottsdale, AZ (US);
Gustavo Ayres de Castro, Scottsdale, AZ (US);
Mohammed Mneimneh, Scottsdale, AZ (US);
SAP AG, Walldorf, DE;
Abstract
A computer-implemented method transforms transactional data into a forecast of demand for controlling a commerce system. Goods move between members of a commerce system. The transactional data is recorded. Daily disaggregating parameters (DDP) are estimated by minimizing an error function of day of week and transactional data grouped according to promotion, price range, or customer. Model parameters are estimated based on the DDP and transactional data using a demand model to generate a weekly forecast of demand for the good. The weekly forecast of demand is disaggregated into daily components using the DDP. The daily components of the forecast of demand are provided to a member of the commerce system to control the movement of goods in the commerce system. Any variation in the demand model due to promotions, price changes, out-of-stock, and low selling product is taken into account when determining the daily components.