Methods and systems for collaborative demand planning and replenishment
The present invention provides systems and methods for generating replenishment orders for products sold to a multi-store retailer. Store trait data is mapped with planogram information and the mapped data is used to generate a fixture level safety stock for a particular product in a particular store. The fixture level safety stock triggers fixture level replenishment orders.
1. A vendor managed inventory system, comprising:
a remote server in communication over a public packet switched network with a local retailer system, the retailer system storing retail-level planogram information lacking store identification information, customer demographic information, and store trait data representing a configuration of an identified store in terms of the store's fixtures referenced by fixture identifiers wherein the remote server is programmed to:
store historical planogram information previously received from the retailer system;
receive the store trait data that includes the fixture identifiers, customer demographic information, a fixture-level perpetual quantity of a product in the identified store, and planogram information for a fixture in real-time via the public packet switched network;
incorporate changes to the fixture's planogram in real-time as the changes occur based continuously monitoring the store trait data and the fixture's planogram information;
map store trait data with retail-level planogram information to form store-level mapped data by matching fixture identifiers in the store trait data with fixture identifiers in the planogram information;
use the customer demographic information and the store-level mapped data to derive a fixture-level safety stock for a product in the identified store; and
trigger a planogram recommendation and a fixture-level replenishment order for an amount of the product, when the fixture-level perpetual quantity of the product falls below the determined fixture-level safety stock, the planogram recommendation and the amount are calculated based on the store trait data, the fixture-level perpetual quantity, demographic information, the historical planogram information, and the changed planogram of the fixture.
2. The system of claim 1 , wherein the server is configured to electronically receive sales performance information via the public packet switched network.
3. The system of claim 1 , wherein remote server is configured to at least one of store trait data and planogram information.
4. The system of claim 1 , wherein the remote server is configured to receive capacity information of the fixture as part of the planogram information.
5. A method to manage an inventory by a provider comprising:
an inventory managing system receiving a retail-level planogram information, lacking store identification information, a customer demographic information, a store trait data representing a configuration of an identified store in terms of the store's fixtures referenced by fixture identifiers from the store in real-time, and a fixture-level perpetual quantity of a product in the identified store;
the inventory managing system storing historical planograms information previously received from the store;
the inventory managing system incorporating real-time changes to a fixture's planogram as the changes occur based continuously monitoring the store trait data and planogram information;
the inventory managing system correlating the store trait data with the retail-level planogram information by matching fixture identifiers in the store trait data with fixture identifiers in the planogram information to form store-level mapped data;
the inventory managing system using the customer demographic information and the store-level mapped data to determine a fixture-level safety stock level for the product in the identified store; and
the inventory managing system triggering a planogram recommendation and a fixture-level replenishment order for an amount of the product, when the fixture-level perpetual quantity of the product falls below the determined fixture-level safety stock level, where the planogram recommendation and the amount are calculated based on the store trait data, customer demographic information, the fixture-level quantity, the historical planograms information, and the fixture's changed planogram of the fixture.
6. The method of claim 5 , further comprising a provider providing the replenishment order to the store.
7. The method of claim 5 , wherein the planogram information comprises a fixture level information.
8. The method of claim 5 , wherein the planogram information comprises a product code information.
9. The method of claim 5 , wherein the planogram information comprises a product vendor information.
10. The method of claim 5 , further comprising the inventory managing system receiving sales data from the store.
11. The method of claim 10 , wherein the sales data comprises a historic sales data and a forecast sales data.