Systems and computerized methods for balancing inventory

• Main Authors: Kim, Je, Awad Amar, Hernan, Lim, Kyu Hoon, Park, Hyo Beom, Yang, Hyeong Bae, Jin, Dong Hyun, Mohan, Smita
• Format: Patent
• Language: English
• Published: 16.08.2022
• 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 distribution, including retrieving, from a data structure, an inventory of a SKU at each of a plurality of destinations; determining a buffer of each of the destinations; determining an average buffer across the destinations; identifying at least one high utilization destination and at least one low utilization destination based on differences from the average buffer; and redistributing a network inventory by, iteratively and for each of the high utilization destinations: finding, in the data structure, a low utilization destination having a common attribute with the high utilization destination; and sending, to a user device for display, an instruction to transfer a redistribution quantity of the SKU from the low utilization destination to the high utilization destination.