Products and Processes for Determining Allocation of Inventory for a Vending Machine

• US 20080103851A1
• Filed: 09/27/2005
• Published: 05/01/2008
• Est. Priority Date: 09/27/2004
• Status: Abandoned Application

• Current Assignee: Walker Digital LLC (Walker Innovation Inc. (f/k/a Patent Properties, Inc.))
• Original Assignee: Walker Digital LLC (Walker Innovation Inc. (f/k/a Patent Properties, Inc.))
• Inventors: Walker, Jay S, Jorasch, James A., Tedesco, Daniel E., Lee, Sih Y., Tedesco, Robert C., Breitenbach, Paul T.
• Application Number:
  US11/719,429
• Publication Number:
  US 20080103851A1
• Time in Patent Office: Days
• US Class Current: 705/7
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G07F 9/001 Interfacing with vending machines using mobile or wearable devices
• CPC Class Codes: G07F 9/002 Vending machines being part of a centrally controlled network of vending machines
• CPC Class Codes: G07F 9/026 for alarm, monitoring and auditing in vending machines or means for indication, e.g. when empty

Abstract

According to an embodiment, an allocation of inventory for a vending machine (e.g., a mix or set of types of products and respective quantities of products to be loaded into a snack or beverage vending machine) is determined. In an embodiment, a computer or other computing device may be configured to (i) identify one or more vending machine products (e.g., from a universe of available products), (ii) determine an inventory allocation based on inventory management data associated with the products (e.g., data regarding the profitability of one or more particular products), and (iii) output an inventory allocation recommendation indicating an inventory allocation (e.g., a chart instructing an agent how to stock a particular vending machine). In various embodiments, inventory management data may comprise such criteria as slotting requirements, sales rates (e.g., the number of units of a particular product type sold per day), profitability (e.g., the retail price of a unit of a particular product type minus the unit cost of the product; the profit margin of a product type multiplied by a sales rate), outstanding product “subscription” data, seasonality considerations, weather considerations, product “tenure,” product mix (i.e., variety) considerations, expiration data, “soft demand” data (e.g., customers who have indicated a prospective willingness to purchase a product if stocked), and the like.

Claims

1. A method comprising:

determining a plurality of product types that are available to be sold via a vending machine;

determining inventory management data for each of the product types,

in which the inventory management data includes at least one of the following categories;

inventory data,

slotting requirement data,

profitability data,

subscription account data,

soft demand data,

seasonality data, and

product tenure data;

determining an inventory allocation based on the inventory management data for each of the product types, in which the inventory allocation specifies

a set of product types which are each selected from the plurality of product types; and

outputting an indication of the determined inventory allocation.

2. The method of claim 1, in which determining inventory management data comprises:

determining inventory management data from a plurality of fill periods.

3. The method of claim 1, in which the determined inventory allocation specifies

a set of product types which are each selected from the plurality of product types, and

for each product type of the set of product types, a number of units of the product type.

4. The method of claim 1, in which determining the inventory allocation comprises:

determining a number of rows of the vending machine; and

determining the inventory allocation based on the number of rows.

5. The method of claim 1, in which determining the inventory allocation comprises:

determining the inventory allocation based on at least one product type which is required.

6. The method of claim 1, in which determining the inventory allocation comprises:

determining the inventory allocation based on;

at least one product type, and

at least one row of the vending machine which must include the at least one product type.

7. The method of claim 1, in which a weight metric is associated with at least one category of inventory management data.

8. The method of claim 1, in which outputting an indication of the determined inventory allocation comprises:

a visual indication of;

a plurality of rows and

a corresponding product type from the set of product types for each respective row.

9. The method of claim 1, in which outputting an indication of the determined inventory allocation comprises:

a description of steps for loading the vending machine in accordance with the determined inventory allocation.

10. The method of claim 1, in which outputting an indication of the determined inventory allocation comprises:

printing the indication of the determined inventory allocation.

11. The method of claim 1, further comprising:

receiving inventory data for each of the product types,

determining a product ranking for at least some of the plurality of product types, in which the product ranking is determined based on

the inventory data and

at least one of the categories besides inventory data;

and in which determining the inventory allocation comprises;

determining the inventory allocation based on the product ranking.

12. The method of claim 1, further comprising:

applying a weight metric to at least one of the categories.

13. The method of claim 1, in which determining the inventory allocation comprises:

determining the inventory allocation based on inventory data and profitability data.

14. A method comprising:

determining inventory management scores for each of a plurality of product types that are available to be sold via a vending machine, in which the inventory management scores are based on at least one of the following categories;

inventory data,

slotting requirement data,

profitability data,

subscription account data,

soft demand data,

seasonality data, and

product tenure data;

in which the determining of inventory management scores includes consideration of a weight metric for at least one of the categories;

ranking each of the plurality of product types based on the inventory management scores;

determining an inventory allocation based on the ranking; and

outputting an indication of the determined inventory allocation.

15. The method of claim 14, in which the determining the inventory allocation comprises:

determining a number of rows of the vending machine; and

determining the inventory allocation based on the number of rows.

16. The method of claim 14, further comprising:

loading product types into a plurality of vending machines in accordance with the determined inventory allocation.

17. An apparatus, comprising:

a plurality of vending machines, in which each of the plurality of vending machines is loaded in accordance with the determined inventory allocation of claim 14.