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US 2023/0410134 A1Published application
Systems and methods for dynamic demand sensing and forecast adjustment
OwnerAli KHANAFER, Behrouz Haji SOLEIMANIinventors
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Abstract
System and method relating to demand forecasting and readjusting forecasts based on forecast error.
Claims21
A computer-implemented method comprising:
- using a first forecast model for providing first forecast data for a first forecast window, the first forecast data for one or more store locations;
- transmitting the first forecast data to a user;
- receiving first sales data for the one or more store locations for a second time interval, the second time interval subsequent a first time interval;
- determining an error in the first forecast data based on the first forecast data and the first sales data;
- removing the error from the first forecast data for forming first adjusted forecast data, the first adjusted forecast data for the one or more store locations;
- and
- transmitting the first adjusted forecast data to the user.
4 more elements
A non-transitory computer-readable storage medium, the computer-readable storage medium including instructions that when executed by a computer, cause the computer to:
- use a first forecast model for providing first forecast data for a first forecast window, the first forecast data for one or more store locations;
- transmit the first forecast data to a user;
- receive first sales data for the one or more store locations for a second time interval, the second time interval subsequent a first time interval;
- determine an error in the first forecast data based on the first forecast data and the first sales data;
- remove the error from the first forecast data for forming first adjusted forecast data, the first adjusted forecast data for the one or more store locations;
- and
- transmit the first adjusted forecast data to the user.
4 more elements
A computing apparatus comprising:
- a processor;
- and
- a memory storing instructions that, when executed by the processor, configure the apparatus to:
- use a first forecast model for providing first forecast data for a first forecast window, the first forecast data for one or more store locations;
- transmit the first forecast data to a user;
- receive first sales data for the one or more store locations for a second time interval, the second time interval subsequent a first time interval;
- determine an error in the first forecast data based on the first forecast data and the first sales data;
- remove the error from the first forecast data for forming first adjusted forecast data, the first adjusted forecast data for the one or more store locations;
- and
- transmit the first adjusted forecast data to the user.
7 more elements
Dependencies are inferred from the claim text.