International Business Machines Corporation
ASSORTMENT PLANNING COMPUTER ALGORITHM
Last updated:
Abstract:
Machine logic for selecting a given item for an inventory. This selection of the given item is based, at least in part, upon: (i) an amount of "ensembles" that include the item; (ii) relative popularity of "ensembles" that contain the item; and/or (iii) the relative profitability of ensembles that includes the item. This technology can be provided as part of assortment planning software for retail stores selling items such as: fashionable clothing, furniture sets, jewelry sets, and other types of items that are typically sold in ensembles and have subjective factors (like aesthetics) that play into the attractiveness of the ensemble considered as a whole.
Status:
Application
Type:
Utility
Filling date:
16 Dec 2020
Issue date:
16 Jun 2022