Inventory early warning agent in a supply chain management system
AssigneeSap SE
InventorsAlexander Renz, Ye Chen
Life of this patent
Estimating the term…
Abstract
An inventory agent operating on software includes instructions operable to cause a programmable processor to receive inventory data relating to stock in an inventory, apply the inventory data to a conditional probabilistic predictive statistical algorithm, calculate a predicted inventory level, and use the calculated predicted inventory level to determine whether to order additional stock for the inventory. The statistical algorithm uses a conditional probabilistic model to process the data. The inventory agent may be implemented in a supply chain management system.
Claims28
An inventory agent operating on software comprising instructions operable to cause a programmable processor to:
- receive inventory data relating to stock in an inventory;
- apply the inventory data to a conditional probabilistic predictive statistical algorithm, wherein the statistical algorithm uses a conditional probabilistic model to process the data;
- calculate a predicted inventory level;
- and
- use the calculated predicted inventory level to determine whether to order additional stock for the inventory.
A system comprising one or more computer systems and an inventory agent computer coupled to the computer systems over a network, the inventory agent computer being operable to:
- receive inventory data relating to stock in an inventory;
- apply the inventory data to a conditional probabilistic predictive statistical algorithm, wherein the statistical algorithm uses a conditional probabilistic model to process the data;
- calculate an expected inventory level;
- and
- use the calculated expected inventory level to determine whether to order additional stock for the inventory.
Dependencies are inferred from the claim text.