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Consumer demand-based inventory management system

  • US 10,176,455 B2
  • Filed: 05/03/2018
  • Issued: 01/08/2019
  • Est. Priority Date: 04/14/2015
  • Status: Active Grant
First Claim
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1. An apparatus for evaluating whether products are to be binned into stock room bins at a retail facility or displayed on a sales floor of the retail sales facility, the apparatus comprising:

  • a reader configured to scan at least one product at the retail sales facility; and

    a control unit including a processor and configured to;

    receive data from a scan of the at least one product by a worker in at least one of a stock room and a product unloading area at the retail sales facility using the reader to facilitate a determination by the control unit of whether the at least one product is to be binned into a stock room storage bin or displayed on the sales floor;

    obtain a demand for the at least one product from a time products identical to the scanned at least one product were delivered to the retail facility;

    estimate whether the demand for the at least one product supports displaying the at least one product on the sales floor of the retail sales facility or binning the at least one product in a stock room storage bin;

    output, when the demand supports moving the at least one product from the at least one of a stock room and a product unloading area where the at least one product was scanned by the worker and displaying the at least one product on the sales floor;

    an indication to the worker that there is available sales floor space for the at least one product; and

    an indication of a number of units of the at least one product to be brought out from the at least one of a stock room and a product unloading area where the at least one product was scanned by the worker onto the sales floor to fill the available sales floor space for the at least one product.

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