Method and system for creating a purchase suggesting list retailers

A method of creating the purchase suggestion list, established through a connection between a supplier's enterprise resource planning (ERP) system and one or more retailers' computer systems via a network system, comprising the steps of:

• storing order related data including at least the name and quantity of the product to be ordered into an order database;
• storing inventory related data including at least the name and quantity of the product to be ordered into an inventory database;
• storing purchase suggestion data including at least values of a safety margin and a purchasing time period into a purchase suggestion database;
• reading order related data, including the name and quantity of the product to be ordered from the order database, the value of the safety margin and the purchasing time period from the purchase suggestion database, and the quantity of inventory from the inventory database, in order to calculate a suggested quantity of each product for purchase for each retailer;
• storing the suggested quantity of each product in the purchase suggestion database;
• and
• transferring the suggested quantity of each product to the corresponding retailer's computer system.

A system for creating a purchase suggestion list, established through a connection between a supplier's enterprise resource planning (ERP) system and one or more retailers' computer systems via a network system, the system comprising:

• an order database, for storing order related data including at least names and quantity of products to be ordered;
• a purchase suggestion database, for storing purchase suggestion data including at least a safety margin and a purchasing time period;
• an inventory database, for storing inventory related data including at least names and quantity of products to be ordered;
• a calculating module for reading order related data stored in the order database including the names and quantity of the product to be ordered from the order database, the value of the safety margin and the purchasing time period from the purchase suggestion database, and the quantity of inventory from the inventory database, in order to calculate a suggested purchase quantity of each product for each retailer;
• and
• a data transfer module, for transferring the suggested quantity of each product to the corresponding retailer computer system and storing the suggested quantity of each product in the purchase suggestion database.