Graphics-based inventory control system

• US 20050261975A1
• Filed: 07/13/2005
• Published: 11/24/2005
• Est. Priority Date: 04/21/2004
• Status: Abandoned Application

• Current Assignee: Oldcastle Architectural Incorporated (CRH PLC)
• Original Assignee: Oldcastle Architectural Incorporated (CRH PLC)
• Inventors: Carver, Ross
• Application Number:
  US11/180,854
• Publication Number:
  US 20050261975A1
• Time in Patent Office: Days
• US Class Current: 705/22
• CPC Class Codes: G06Q 10/08 Logistics, e.g. warehousing, loading or distribution; Inventory or stock management
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 20/203 Inventory monitoring

Abstract

A graphics-based inventory control system for creating a visional graphics-based blueprint representation indicating the current placement of product in the sales bays and aisles in a particular location for the tracking of inventory and sales as well as to ensure the accurate placement of the product in accordance to the best practice agreement is disclosed. The graphics-based inventory control system is used to quickly alter off-site the configuration of the visional graphics-based blueprint representation to assist in the planning of future product placement in the remote location is also disclosed. The graphics-based inventory control system can further assist in determining the optimal product placement in the warehouse to streamline the shipping of the products to the individual remote locations by placing the products in the most efficient location in the warehouse for shipping the product out.

Claims

1. A method for tracking and placing product inventory at a location using a graphics-based inventory control system, the method comprising:

creating an electronic graphics-based layout of product display areas at said location in said graphics-based inventory control system according to a best practice agreement, wherein said electronic graphics-based layout is manipulated by said graphics-based inventory control system;

displaying said graphics-based layout on a output device; and

placing said product inventory at said location according to said graphics-based layout.

2. The method of claim 1, further comprising:

shading graphical areas on said display of said graphics-based layout where said product inventory will be placed within said graphics-based layout according to said best practice agreement.

3. The method of claim 2, further comprising:

linking said shaded graphical areas to a graphics-based representation of said product display areas of said location.

4. The method of claim 1, further comprising:

tracking product movement into and out of said product display areas.

5. The method of claim 1, further comprising:

tracking adherence of product placement in said location with said best practice agreement.

6. The method of claim 1, wherein placing said product inventory is placed near like products in said location.

7. The method of claim 1 further comprising:

planning future product placement at said location based on said product movement.

8. The method of claim 1 further comprising:

displaying estimated inventory at said location based on shipments of said products into said location and average rate out of said products.

9. The method of claim 8, further comprising:

calculating daily turn rate based on said estimated inventory.

10. The method of claim 1 further comprising:

calculating average daily unit sales per product space based on said product movement.

11. The method of claim 10, wherein said average daily unit sales are calculated using re-order sales data.

12. The method of claim 11, wherein said re-order sales data are updated bi-weekly.

13. The method of claim 10, wherein said average daily unit sales are calculated using point-of-sale data supplied by said location.

14. The method of claim 13, wherein said point-of-sale data are updated weekly.

15. The method of claim 1, further comprising:

producing a sales report for a sales representative affiliated with said location based on product movement and sales generated with a particular placement of said products at said location.

16. The method of claim 15, further comprising:

tying performance of said sales representative based on said sales report.

17. The method of claim 1, wherein said location displays and sells products.

18. The method of claim 1, wherein said location is identified by a unique store number.

19. The method of claim 1, wherein a department of said location is indicated on said graphics-based layout.

20. The method of claim 1 further comprises:

editing the configuration of said graphics-based layout.

21. The method of claim 1, further comprising:

configuring said graphical product display areas.

22. The method of claim 21, wherein configuring occurs through the use of a quick keys command list menu.

23. The method of claim 21, wherein configuring includes changing the height and width of said graphical product display areas.

24. The method of claim 21, further comprising:

placing graphical depictions of said product in said graphical product display areas.

25. The method of claim 1, further comprising:

placing graphical depictions of said product in said graphical product display areas.

26. The method of claim 25, further comprising:

configuring said graphical product display areas.

27. The method of claim 26, wherein said configuring further comprises changing the height and width of said graphical product display areas.

28. The method of claim 1, wherein said product display areas comprises a sales aisle, a bay area, a bulk stack or combinations thereof.

29. The method of claim 1, wherein said location is remote from a central home office.

30. The method of claim 29, wherein said central home office determines which said products will be displayed at said remote location.

31. The method of claim 29, wherein said creating said graphics-based layout occurs at said central home office for said remote location.

32. The method of claim 31, further comprising:

sending said graphics-based layout created at said central home office to said remote location for implementation.

33. The method of claim 32, wherein said sending comprises postal mailing, faxing, electronic mailing or combinations thereof.

34. The method of claim 1, wherein said location is a site for storing products until delivery to another location.

35. The method of claim 34, further comprising:

positioning said products within said site, wherein said positioning of said products streamlines the procedure for shipping products out of said site.

36. The method of claim 34, wherein positioning said products places the more popular products in the most accessible areas within said site.

37. The method of claim 34, further comprising:

comparing said positioning of said products between different locations to determine said positioning that produces the fastest movement of said products out of said site.

38. The method of claim 34, wherein said site comprises a warehouse, a plant yard, or combinations thereof.

39. A method for tracking and placing product inventory at a location using a graphics-based control system, the method comprising:

establishing a graphics-based layout of product display areas at said location;

placing products at said location based on said graphics-based layout;

tracking product movement into and out of said location; and

positioning said product inventory at said location such that said product inventory having the greatest product movement into and out of said location is placed in an area having the greatest accessibility relative to moving said product inventory out of said location.

40. The method of claim 39, further comprising:

comparing said positioning of said products between different locations to determine said positioning that produces the fastest product movement.

41. The method of claim 39, wherein said location comprises a warehouse, a plant yard, or combinations thereof.

42. A method for tracking and placing product inventory at a location using a graphics-based control system, the method comprising:

establishing a graphics-based layout of product display areas at said location;

placing products at said location into said product display areas in accordance to a best practice agreement;

tracking product movement into and out of said location;

calculating average daily unit sales per product display area based on said product movement.

43. The method of claim 42, further comprising:

displaying estimated inventory at said location based on said average daily unit sales.

44. The method of claim 43, further comprising:

calculating daily turn rate based said estimated inventory.

45. The method of claim 44, wherein said daily turn rate is calculated for products that are readily available to a customer.

46. The method of claim 42, further comprising;

notifying said product representative of potential product outages at said location.

47. The method of claim 42, further comprising;

notifying said product representative of potential product outages at said location by displaying said potential product outages as outlined graphic depictions of said products.

48. A method for tracking and placing product inventory at a location using a graphics-based control system, the method comprising:

establishing a graphics-based layout of product display areas at said location;

placing products at said location into said product display areas in accordance to a best practice agreement;

tracking product movement into and out of said location; and

producing a sales report for a sales representative affiliated with said location based on sales generated with a particular placement of said products at said location.

49. The method of claim 48, wherein declines in sales are highlighted on said sales report.

50. The method of claim 49, wherein declines in sales are highlighted on said sales report as a single period decline.

51. The method of claim 49, wherein declines in sales are highlighted on said sales report as a single period and period average decline.

52. The method of claim 48, wherein said sales report indicates type of product display area used for said products.

53. The method of claim 48, further comprising;

using said sales report for product placement at other locations.

54. The method of claim 48, further comprising;

tying compensation of said product representative on product movement at said location.