METHOD AND APPARATUS FOR REGULATING STORE INVENTORY
First Claim
Patent Images
1. A system for regulating a stock of at least one item set containing a plurality of items, in a display area, the system comprising:
- an identification tag uniquely associated with each item;
a reader for reading the identification tag and for communicating data associated with the identification tag to a processor;
a database for storing an alert point associated with each of the at least one item set; and
the processor for comparing the data received from the reader with the alert point and for generating a first alert to a first person to replenish the display area with items of the at least one item set if the number of items has been reduced to or less than, the alert point for that item set.
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Abstract
Disclosed is a method and system for regulating the amount of stock in a display area to prevent the display area from being depleted of stock, resulting in loss of sales. The system utilizes RFID technology to track the number of stock items in the display area and to compare the number of stock items with an alert point. If the number of stock items falls to or below the alert point, a first alert is sent to a person responsible for replenishing the stock. If after a set period of time, the stock has not been replenished, a second alert is sent to a second person.
25 Citations
23 Claims
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1. A system for regulating a stock of at least one item set containing a plurality of items, in a display area, the system comprising:
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an identification tag uniquely associated with each item;
a reader for reading the identification tag and for communicating data associated with the identification tag to a processor;
a database for storing an alert point associated with each of the at least one item set; and
the processor for comparing the data received from the reader with the alert point and for generating a first alert to a first person to replenish the display area with items of the at least one item set if the number of items has been reduced to or less than, the alert point for that item set. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method of regulating a stock of at least one item set containing a plurality of items, in a display area, the method comprising:
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detecting the number of items in a respective one of the at least one item set;
comparing the detected number of items with an alert point associated with that at least one item set; and
generating a first alert to a first person if the detected number of items is less than or equal to the alert point. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23)
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Specification