SYSTEM AND METHOD FOR INCREASING DEMAND FOR PERISHABLE GOODS OR VANISHING GOODS AT A POINT-OF-SALE LOCATION

• US 20080294500A1
• Filed: 04/10/2008
• Published: 11/27/2008
• Est. Priority Date: 05/24/2007
• Status: Abandoned Application

• Current Assignee: Technology Licensing Corporation
• Original Assignee: Technology Licensing Corporation
• Inventors: Koether, Bernard G., Small, Ronald E. JR.
• Application Number:
  US12/100,867
• Publication Number:
  US 20080294500A1
• Time in Patent Office: Days
• US Class Current: 705/7.13
• CPC Class Codes: G06Q 10/06311 Scheduling, planning or task assignment for a person or group
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/0202 Market predictions or forecasting for commercial activities

Abstract

A method for improving communications to customers therefore increasing demand for a perishable or vanishing item produced, inventoried and/or sold at a facility is provided. The method monitors the sales and production and availability of the perishable or vanishing item at a facility for sale of the perishable or vanishing item and determines if more demand is needed for the perishable or vanishing item and the time period necessary for existing customers to meet the determined demand, and notifies the sales staff and potential customers within the facility when a time period in which the perishable or vanishing item waste is less than that of the determined time period.

Claims

1. A method for increasing demand for a perishable item which is at least one of produced, inventoried and sold at a facility comprising:

monitoring at least one of a sale, production and inventory of the perishable item at a point-of-sale of the perishable item;

determining a time period needed to prevent wastage of the perishable item before the perishable item is no longer capable of sale;

determining a demand time period necessary for existing customers demand to prevent wastage;

notifying sales staff within the proximity of the facility to increase demand when the time period in which the perishable item will waste is less than that of the determined demand time period.

2. The method of claim 1, wherein the time period needed to prevent wastage is determined as a function of current sales of the perishable item, historic sales of the perishable item, and at least one of the historic productions of a preparation device for processing the perishable item, and availability of the preparation device.

3. The method claim 2, further comprising the step of determining to increase demand for the perishable item when the time period in which the perishable item will waste is less than that of the determined demand time period, and the decision to increase demand is made as a function of an available inventory of the perishable item or an available capacity to produce additional quantities of the perishable item at the facility.

4. The method of claim 1, where the time period needed to prevent wastage is determined as a function of available raw material, labor availability, monitored work in process, and available perishable item inventory.

5. The method of claim 3, wherein the determined demand time period is performed at predetermined intervals.

6. The method of claim 1, wherein the perishable item is one of food, a vanishing item, and other perishable product or service.

7. The method of claim 1, wherein one of a sales staff associated with the perishable item or potential customer is notified regarding demand by a display at a point-of-sale device.

8. The method of claim 7, wherein the sales staff or customer is notified by an in-facility electronic communication network.

9. A method for increasing demand for a perishable item which is at least one of produced, inventoried and sold at a facility comprising:

monitoring at least one of a sale, a production and an inventory of the perishable item at a point-of-sale of the perishable item;

determining whether more demand is needed for the perishable item to prevent waste of the perishable item;

determining a time period necessary for existing customers to meet the determined demand;

notifying potential customers within the proximity of the facility when a time period in which the perishable or vanishing item waste is less than that of the determined time period.

10. The method of claim 9, wherein the determination whether more demand is needed as a function of current sales of the perishable item, historic sales of the perishable item and at least one of the historic production of the perishable item by a preparation device for processing the perishable item and/or availability of the preparation device.

11. The method of claim 9, further comprising the step of determining whether to increase demand, and the decision to increase demand is determined as a function of available inventory of the perishable item or capacity to produce additional quantities of a perishable item at the facility.

12. The method of claim 11, where whether more demand is needed determining as a function of available raw material, labor availability, work in process, and perishable item inventory.

13. A system for increasing demand for a perishable item which is at least one of produced, inventoried and sold at a facility comprising;

a preparation device located at the facility;

a point of sale device located at the point of sale of the perishable item.

a predictive server monitoring the operation of the preparation device and the point of sale device and determining an amount of perishable items produced and sold as a function thereof, the server determining the amount of time needed to prevent wastage of the perishable item before the perishable item is no longer capable of sale;

determining a second time period corresponding to the time necessary for existing customers to prevent wastage of the perishable item;

a notification device, in communication with the server, the server outputting an alert notification signal to the notification device when the time period in which the perishable item will waste is greater than that of the second time period.

14. The system of claim 13, wherein the server monitors the amount of perishable items sold and the amount of perishable items produced to determine a perishable item inventory and utilizing the inventory makes a determination that more demand is needed in order to prevent wastage of the perishable item.

15. The method of claim 13, further comprising a database, the database storing a historic production of the preparation device for processing the perishable item and historic sales of the perishable item and the server determining as a function of at least one of a current sales of the perishable item as determined from the point of sale apparatus, historic sales of a perishable item and the historic production of the preparation device and the availability of the preparation device.

16. The system of claim 13, wherein the perishable item is a vanishing asset.

17. The system of claim 13, wherein said notification device notifies a staff at the facility.

18. The system of claim 13, wherein said notification device notifies the general public of the availability and location of the perishable item.

19. A system for increasing demand for a perishable item which is at least one of produced, inventoried and sold at a facility comprising;

a preparation device located at the facility;

a point of sale device located at the point of sale of the perishable item;

a predictive server monitoring the operation of the preparation device and the point of sale device and determining an amount of perishable items produced and sold as a function thereof, the server determining the amount of time needed to prevent wastage of the perishable item before the perishable item is no longer capable of sale; and

determining a second time period corresponding to the time necessary for sales of the perishable item to existing customers to prevent wastage of the perishable item; and

a notification device, in communication with the server, the server outputting an alert notification signal to the notification device when the time period in which the perishable item wastes is less than that of the second time period.

20. The system of claim 19, wherein the server monitors the amount of perishable items sold and the amount of perishable items produced to determine a perishable item inventory and utilizing the inventory makes a determination that more demand is needed in order to prevent wastage of the perishable item.

21. The method of claim 19, further comprising a database, the database storing a historic production of the preparation device for processing the perishable item and historic sales of the perishable item and the server determining whether to increase demand as a function of at least one of a current sales of the perishable item as determined from the point of sale apparatus, historic sales of a perishable item and the historic production of the preparation device and the availability of the preparation device.

22. A system for increasing demand for a perishable item which is at least one of produced, inventoried and sold at a facility comprising;

a preparation device located at the facility;

a point of sale device located at the point of sale of the perishable item;

a predictive server monitoring the operation of the preparation device and the point of sale device and determining an amount of perishable items capable of being produced by the preparation device and capable of being sold, the predictive server determining the amount of time needed to prevent wastage of the perishable item before the perishable item is no longer capable of sale;

determining a second time period corresponding to the time necessary for existing customers to prevent wastage of the perishable item when operating at the capacity capable of being produced and capable of being sold;

the predictive server determining an amount of additional demand necessary to prevent wastage of the perishable item capable of being produced and capable of being sold if the time period in which the perishable item wastes is less than the second time period; and

a notification device, in communication with the server, the server outputting an alert notification signal to the notification device when the time period in which the perishable item wastes is less than that of the second time period, the alert notification signal, indicating a need for increased production by the preparation device located at the facility.

23. The system of claim 22, wherein the server monitors the amount of perishable items sold and the amount of perishable items produced to determine a perishable item inventory and utilizing the inventory makes a determination that one of more production and demand is needed in order to prevent wastage of the perishable item.

24. The method of claim 22, further comprising a database, the database storing a historic production of the preparation device for processing the perishable item and historic sales of the perishable item and the server determining a demand and production necessary to prevent a waste of the perishable item as a function of at least one of a current sales of the perishable item as determined from the point of sale apparatus, historic sales of a perishable item and the historic production of the preparation device and the availability of the preparation device.

25. The system of claim 22, wherein said notification device notifies a staff at the facility.

26. The system of claim 22, wherein said notification device notifies the general public of the availability and location of the perishable item.