Patent ID: 8543473
Filing Date: 2013-09-24
Classification: G06Q

Abstract:
1. A method of implementing an automated inventory replenishment process between a manufacturer and a business partner, the method comprising: purchasing and maintaining, by the business partner, an inventory of goods from the manufacturer; providing, by the manufacturer, price protection to the business partner for the purchasing of the goods from the manufacturer; and managing said inventory by using an automated process that takes into account said price protection for the purchasing of the goods, including using said price protection to determine a recommended buy to replenish the inventory of goods, and including displaying a graph showing a current supply line and a recommended supply line over a given time period, the current supply line showing a quantity of the goods actually supplied to the business partner from the manufacturer over said time period, the recommended supply line showing a quantity of the goods recommended to be supplied to the business partners from the manufacturer over said time period, and using a difference between the current supply line and the recommended supply line to calculate a recommended buy quantity to replenish the inventory of goods; and performing, using a computer system implementing an inventory replenishment program, the steps of using said price protection to determine a recommended buy, and using a difference between the current supply line and the recommended supply line to calculate a recommended buy quantity.