Method of estimating future replenishment requirements and inventory levels in physical distribution networks
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United States of America Patent
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Dec 21, 1999
Grant Date -
N/A
app pub date -
May 1, 1997
filing date -
May 1, 1997
priority date (Note) -
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Abstract
A method suitable for use in a physical distribution network. The method comprises the steps of using a distribution resource planning (DRP) logic for providing estimates of at least one of projected future on-hand inventory and replenishment requirements; and, incorporating within the DRP logic an uncertainty of future demand for estimating at least one of future replenishment requirements and inventory levels in the physical distribution network.
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