Computerized system and computer-implemented methods for item order management

• Main Authors: MOHAN, SMITA, YANG, HYEONG-BAE, JEONG, JUN-OH, CHOI, JAE-MOON, AWAD AMAR, HERNAN, LIM, KYU-HOON, MEDIDHI, RAJESH, KIM, JE
• Format: Patent
• Language: Chinese; English
• Published: 16.01.2024
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

The present disclosure provides a computerized method for item order management, including receiving an order quantity of an item; retrieving, from a data store, a bulk shipment quantity associated with the item; determining a number of bulk shipments to meet the order quantity; retrieving a number of destinations; determining a quantity of surplus shipments to form a multiple of the number of destinations; transmitting a bulk supplier order in response to the quantity of surplus shipments being less than a threshold; determining a least amount of minimum order quantities to supply a difference between the order quantity and a product of a floor round of the number of bulk shipments and the bulk shipment quantity, and transmitting a supplier order for the amount of minimum order quantities and the number of bulk shipments in response to the quantity of surplus shipments being greater than the threshold.