AUTOMATED INVENTORY MANAGEMENT SYSTEM AND METHOD THEREOF

• Main Authors: HUANG FU, CHENG-YO, HUANG, SIAN-HONG, YEH, CHI-YUAN, WANG, EN-TZU
• Format: Patent
• Language: Chinese; English
• Published: 21.07.2023
• 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

An automated inventory management method is provided. Historical sales states of multiple stores are received, and models of each store and each category of products are pre-trained by a pre-training module. States of each store and each category of products are obtained by a multi-store-multi-category training module, and horizontal and vertical relevance training based on the pre-trained models of each store and each category of products is conducted. Relevance between stores, horizontal relevance between categories of products, and vertical relevance between multiple stores and multiple categories of products are determined by a state analysis module, so that multiple stores and categories of products with high correlation are linked to modify expected sales of each store and each category of products. Orders for multiple categories of products in each store are placed and purchase volumes of multiple categories of products in each store are determined by an inventory decision module.