Systems and Methods for Safety Stock Settings Using a Parallel Processing Computing Architecture

A non-transitory computer-readable medium storing computer-executable instructions stored therein, which when executed by at least one processor, cause the at least one processor to perform the operations of:

• receiving data associated with a historical distribution of a variability of a demand for one or more products at a store;
• generating a sample path for the demand of the one or more products at the store based at least in part on the data associated with the historical distribution of the variability of the demand of the one or more products, wherein the sample path comprises a plurality of scenarios based on a negative binomial distribution associated with the data;
• generating a thread corresponding to each of the plurality of scenarios;
• processing each of the threads in parallel to determine an inventory level of the one or more products, a number of orders for the one or more products, and a cost associated with the one or more products for each of the plurality of scenarios using a parallel process;
• and
• selecting the one or more parameters generated from the execution of one of the sample paths to minimize the cost;
• adjusting an inventory management system to set an inventory management setting based at least in part on the selection of the one or more parameters.

A method for determining an inventory management setting for one or more products at a store comprising:

• receiving data associated with a historical distribution of a variability of a demand for one or more products at a store via a central processing unit;
• submitting the data associated with a historical distribution of a variability of a demand to a graphics processing unit;
• generating a sample path for the demand of the one or more products at the store by the graphics processing unit based at least in part on the data associated with the historical distribution of the variability of the demand of the one or more products, wherein the sample path comprises a plurality of scenarios based on a negative binomial distribution associated with the data;
• generating, via the graphics processing unit, a thread corresponding to each of the scenarios;
• executing, via the graphics processing unit, each thread in parallel to determine one or more parameters associated with the one or more products for each of the plurality of scenarios;
• and
• selecting the one or more parameters generated from the execution of one of the sample paths to minimize the cost;
• adjusting an inventory management system to set an inventory management setting based at least in part on the selection of the one or more parameters.