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US 8,527,321 B2Granted
Product assortment planning system
AssigneeAccenture Global Services Limited
InventorJoseph S. Bottom
Life of this patent
Estimating the term…
Abstract
The system includes a comparison unit that identifies products in an initial assortment of products, a desired assortment of products and the performance metric for each product. The comparison unit compares the initial assortment of products and the desired assortment of products to determine kept products, added product and deleted products. The system includes an interaction unit simulating the interaction of the kept products, the added products and the deleted products based on the performance metric. The system generates simulation results identifying the interactions between the kept products, the added products and the deleted products.
Claims18
An assortment planning system, comprising:
- a comparison unit executed by a processor to
- identify products in an initial assortment of products and a performance metric for each product in the initial assortment of products, wherein the performance metric includes at least a sales volume of each product,
- identify products in a desired assortment of products and the performance metric for each product in the desired assortment of products, and
- compare the initial assortment of products and the desired assortment of products and determine:
- kept products, wherein the kept products are at least one product in the initial assortment of products and the desired assortment of products;
- added products, wherein the added products are at least one product added to the initial assortment of products to create the desired assortment of products;
- and
- deleted products, wherein the deleted products are at least one product deleted from the initial assortment of products to create the desired assortment of products;
- an interaction unit to simulate an interaction of the kept products, the added products, and the deleted products based on the performance metric associated with each of the kept products, the added products and the deleted products, the interaction unit to:
- determine an all add sales volume, wherein the all add sales volume is sales volume for each product in the initial assortment of products including all of the added products;
- subtract, for each of the added products, an incremental sales volume gained upon adding the product to the initial assortment of products that has not been cannibalized from other products from the all add sales volume to calculate the sales volume cannibalized from the deleted products and the kept products;
- and
- a creation unit to create a representation of the interaction between the kept products, the added products and the deleted products.
10 more elements
An assortment planning method, comprising:
- identifying products in an initial assortment of products and a sales volume for each product in the initial assortment of products;
- identifying products in a desired assortment of products and a sales volume for each product in the desired assortment of products;
- comparing, using a processor, the initial assortment of products and the desired assortment of products and determining
- kept products, wherein the kept products are at least one product in the initial assortment of products and the desired assortment of products,
- added products, wherein the added products are at least one product added to the initial assortment of products to create the desired assortment of products, and
- deleted products, wherein the deleted products are at least one product deleted from the initial assortment of products to create the desired assortment of products;
- simulating the interaction of the kept products, the added products and the deleted products based on the sales volume associated with each of the kept products, the added products and the deleted products, the simulating including:
- determining an all add sales volume, wherein the all add sales volume is sales volume for each product in the initial assortment of products including all of the added products;
- subtracting, for each of the added products, an incremental sales volume gained upon adding the product to the initial assortment of products that has not been cannibalized from other products from the all add sales volume to calculate the sales volume cannibalized from the deleted products and the kept products;
- and
- creating and presenting a representation of the interaction between added products, deleted products and kept products based on the sales volumes of the added products, deleted products and kept products.
8 more elements
A non-transitory computer readable medium having stored thereon a computer executable code, the computer executable code when executed causes a computer system to:
- identify products in an initial assortment of products and a performance metric for each product in the initial assortment of products;
- identify products in a desired assortment of products and the performance metric for each product in the desired assortment of products;
- compare the initial assortment of products and the desired assortment of products and determine:
- kept products, wherein the kept products are at least one product in the initial assortment of products and the desired assortment of products;
- added products, wherein the added products are at least one product added to the initial assortment of products to create the desired assortment of products;
- and
- deleted products, wherein the deleted products are at least one product deleted from the initial assortment of products to create the desired assortment of products;
- simulate the interaction of the kept products, the added products and the deleted products based on the performance metric associated with each of the kept products, the added products and the deleted products, including to:
- determine an all add sales volume, wherein the all add sales volume is sales volume for each product in the initial assortment of products including all of the added products;
- subtract, for each of the added products, an incremental sales volume gained upon adding the product to the initial assortment of products that has not been cannibalized from other products from the all add sales volume to calculate the sales volume cannibalized from the deleted products and the kept products;
- and
- create and present a representation of the interaction between added products, deleted products and kept products based on the performance metric of the added products, deleted products and kept products.
9 more elements
Dependencies are inferred from the claim text.