Product evaluation system

• US 5,526,257 A
• Filed: 10/31/1994
• Issued: 06/11/1996
• Est. Priority Date: 10/31/1994
• Status: Expired due to Term

• Current Assignee: Finlay Fine Jewelry Corp. (Finlay Enterprises, Inc.)
• Original Assignee: Finlay Fine Jewelry Corp. (Finlay Enterprises, Inc.)
• Inventors: Lerner, Sam
• Primary Examiner(s): Hayes, Gail O.
• Assistant Examiner(s): Kyle, Charles R.
• Application Number:
  US08/331,467
• Time in Patent Office: 589 Days
• Field of Search: 364/401, 364/402, 364/403, 364/406, 364/404
• US Class Current: 705/7.34
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 10/06375 Prediction of business process outcome or impact based on a proposed change
• CPC Class Codes: G06Q 10/0639 Performance analysis of employees; Performance analysis of enterprise or organisation operations
• CPC Class Codes: G06Q 30/0205 Location or geographical consideration

Abstract

A computer implemented product evaluation system includes a data base storing evaluation data of products, and a data processor responsively connected to the data base, receiving a request to evaluate the success and lack thereof of one of the products, evaluating the success and lack thereof of the one of the products, and generating an evaluation result. The evaluation result indicates the success and lack thereof of the product with respect to at least one of the following: category, and class of the product, and group and branch selling locations and vendor. Further, a display device is provided which is connected to the data processor, receiving the evaluation result from the data processor, and displaying the evaluation result for the one of the articles evaluated.

Claims

1. A computer architecture for an evaluation system evaluating a comparative level of success of an article according to predetermined criteria, comprising:

request retrieving means for receiving an evaluation request to evaluate the comparative level of success of the article, and for generating a formatted evaluation request;

control means for receiving the formatted evaluation request from said request retrieving means, for transmitting the formatted request, and for processing requested evaluation data to generate an evaluation result indicating the comparative level of success of the article with respect to the following;

category of the article, class of the article, style of the article, group selling location of the article, branch selling location of the article, and vendor distributor of the article in comparison with the following;

retail sale of the article, cost of the article and unit number characteristics of the article;

a skip list data base storing skip lists;

request generating means for receiving the formatted request from said control means, for generating a skip list responsive to the formatted request and the skip lists stored in said skip list data base, and for notifying said control means that the skip list has been generated;

a main data base storing evaluation data representing the predetermined criteria used to evaluate the comparative level of success of the article, said evaluation data being stored hierarchically with respect to the following;

the category of the article, the class of the article, the style of the article, the group selling location of the article, the branch selling location of the article, and the vendor distributor of the article; and

data gathering means for receiving a retrieve request generated by said control means, for obtaining the skip list from said request generating means, and for retrieving the requested evaluation data from the evaluation data stored in said main data base responsive to the skip list for evaluating the comparative level of success of the article.

2. A computer architecture as recited in claim 1, further comprising:

a picture data base storing picture data of articles to be evaluated; and

picture access means for receiving a picture request from said control means, and for retrieving the picture data for display of a picture of the article being evaluated.

3. A computer architecture as recited in claim 1, wherein the success of the article is determined responsive to the following:

retail, cost and unit number characteristics of the article marketed by a selling location.

4. A computer architecture as recited in claim 3,

wherein cost success of the article is determined responsive to at least one of the following:

on hand (OH) cost, season to date (STD) cost, last year STD cost, percentage of total cost of units OH, percentage of total cost STD, percentage of sell through cost, average cost OH, average cost STD,

wherein retail success of the article is determined responsive to at least one of the following;

OH retail, STD retail, last year STD retail, percentage of total retail of units OH, percentage of total retail STD, percentage of sell through retail, average retail OH, average retail STD, and

wherein unit success of the article is determined responsive to at least one of the following;

OH units, STD units, last year STD units, percentage of total units of units OH, percentage of total units STD, percentage of sell through units, LY gross margin percentage, and gross margin percentage.

5. A computer architecture as recited in claim 1, wherein the skip list is used by said data gathering means to store blocks of the requested evaluation data in RAM for efficient access by said control means.

6. A computer implemented product evaluation system, comprising:

a data base storing evaluation data of products, said evaluation data being stored hierarchically with respect to the following;

category of the products, class of the products, style of the products, group selling location of the products, branch selling location of the products, and vendor distributor of the products;

a data processor responsively connected to said data base, receiving a request to evaluate a comparative level of success of one of the products, evaluating the comparative level of success of the one of the products, and generating an evaluation result, the evaluation result indicating the comparative level of success of the product with respect to the following;

the category of the product, the class of the product, the style of the product, the group selling location of the product, the branch selling location of the product, and the vendor distributor of the product in comparison with the following;

retail sale of the product, cost of the product and unit number characteristics of the product; and

a display device connected to said data processor, receiving the evaluation result from said data processor, and displaying the evaluation result for the one of the articles evaluated.

7. A computer implemented product evaluation system as recited in claim 6,

wherein the branch selling location inventories a quantity of the one of the products, and

wherein the one of the products is re-stocked in the branch selling location responsive to the evaluation result.

8. A computer implemented product evaluation system as recited in claim 6,

wherein the branch selling location comprises first and second branch locations,

wherein the evaluation result indicates that the one of the products performs proportionally better in the first branch location versus the second branch location,

wherein the evaluation result indicates that the one of the products performs better in the second branch location versus the first branch location with respect to number of units, and

wherein the one of the products is preferentially re-stocked in the second branch location versus the first branch location.

9. A computer implemented product evaluation system as recited in claim 6,

wherein the branch selling location inventories a quantity of the one of the products,

wherein responsive to the evaluation result, the category belonging to the one of the products is evaluated, and

wherein the one of the products is re-stocked in the branch selling location responsive to the evaluated category.

10. A computer implemented product evaluation system as recited in claim 6, wherein responsive to the evaluation result, a new product is designed with a new design similar to a design of the one of the products evaluated.

11. A computer implemented product evaluation system as recited in claim 6, wherein a vendor business relationship is terminated responsive to the evaluation result indicating poor vendor performance.

12. A computer implemented product evaluation system as recited in claim 6, wherein a prize is awarded to the branch selling location responsive to the evaluation result indicating superior branch performance.

13. A computer implemented product evaluation system as recited in claim 6, wherein the class of the product includes a broad span of the products, the category of the product includes a specific set of products within the class, and the style of the product includes a particular design of the product within a specific category.

14. A computer implemented product evaluation system as recited in claim 6, wherein the group selling location of the product includes and supervises at least two branch selling locations, the branch selling location of the product distributes the product to end users, and the vendor distributor of the product distributes the product to at least one of the group selling location and the branch selling location.

15. A computer implemented product evaluation system as recited in claim 6, wherein said data processor evaluates the comparative level of success of the one of the products, and generates the evaluation result, the evaluation result including a first display of the most successful products with respect to the retail sale of the product, the cost of the product and the unit number characteristics of the product, and the evaluation result further including a second display of the least successful products with respect to the retail sale of the product, the cost of the product and the unit number characteristics of the product.

16. A computer implemented product evaluation system as recited in claim 6,

wherein the class of the product includes a broad span of the products, the category of the product includes a specific set of products within the class, and the style of the product includes a particular design of the product within a specific category,

wherein the group selling location of the product includes and supervises at least two branch selling locations, the branch selling location of the product distributes the product to end users, and the vendor distributor of the product distributes the product to at least one of the group selling location and the branch selling location, and

wherein said data processor evaluates the comparative level of success of the one of the products, and generates the evaluation result, the evaluation result including a first display of the most successful products with respect to the retail sale of the product, the cost of the product and the unit number characteristics of the product, and the evaluation result further including a second display of the least successful products with respect to the retail sale of the product, the cost of the product and the unit number characteristics of the product.

17. A computer implemented method of evaluating products, comprising the steps of:

(a) hierarchically storing evaluation data of the products with respect to the following;

category of the products, class of the products, style of the products, group selling location of the products, branch selling location of the products, and vendor distributor of the products;

(b) receiving a request to evaluate a comparative level of success of one of the products;

(c) evaluating the comparative level of success of the one of the products;

(d) generating an evaluation result indicating the comparative level of success of the product with respect to the following;

the category of the product, the class of the product, the style of the product, the group selling location of the product, the branch selling location of the product, and the vendor distributor of the product in comparison with the following;

retail sale of the product, cost of the product and unit number characteristics of the product; and

(e) displaying the evaluation result for the one of the products evaluated.

18. An interactive computer implemented method for evaluating a comparative level of success of a product, interactively with a user, comprising the steps of:

(a) requesting the user to select one of category and vendor for evaluating the product;

(b) responsive to the user selecting the category in said requesting step (a), performing the following steps;

(b1) displaying first evaluation data relating to the performance of the product with respect to the category;

(b2) prioritizing the first evaluation data responsive to user selection with respect to at least one of product retail price, product cost, and product units;

(b3) requesting the user to select at least one of class, internal style, vendor style, and vendor for further evaluating the product with respect to category;

(b4) displaying second evaluation data relating to the performance of the product with respect to the at least one of class, internal style, vendor style, and vendor and with respect to the category;

(b5) prioritizing the second evaluation data responsive to user selection with respect to at least one of product retail price, product cost, and product units;

(c) responsive to the user selecting the vendor in said requesting step (a), performing the following steps;

(c1) displaying third evaluation data relating to the performance of the product with respect to the vendor;

(c2) prioritizing the third evaluation data responsive to user selection with respect to at least one of product retail price, product cost, and product units;

(c3) requesting the user to select at least one of class, internal style, vendor style, and category for further evaluating the product with respect to vendor;

(c4) displaying fourth evaluation data relating to the performance of the product with respect to the at least one of class, internal style, vendor style, and category and with respect to the vendor;

(c5) prioritizing the fourth evaluation data responsive to user selection with respect to at least one of product retail price, product cost, and product units.

19. A memory storing data for access by a product evaluation application program being executed on a data processing system, the product evaluation application program evaluating a comparative level of success of products, comprising:

a first data structure stored in said memory, said first data structure including first information resident in a database used by said application program and including;

class specific data objects indicating a first broadest classification of the products with respect to design;

category specific data objects indicating a second classification of the products, wherein a plurality of categories correspond to a class, establishing a first hierarchy between the category and class specific data objects; and

style specific data objects indicating a third classification of the products, wherein a plurality of styles correspond to a category, establishing a second hierarchy between the category and style specific data objects;

a second data structure stored in said memory, said second data structure including second information resident in the database used by said application program and including;

company specific data objects indicating a fourth broadest classification of the products with respect to entity;

vendor and group specific data objects indicating a fifth classification of the products, wherein a plurality of vendors and groups correspond to a company, establishing a third hierarchy between the company and the vendor and group specific data objects;

branch specific data objects indicating a sixth classification of the products, wherein a plurality of branches correspond to a group, establishing a fourth hierarchy between the vendor and group specific data objects and the branch specific data objects,

wherein said data processing system executes the product evaluation application program evaluating a comparative level of success of products by accessing said memory storing the data including the first and second data structures, and generating an evaluation result.

20. A memory for storing data as recited in claim 19, wherein the first and second data structures are compared to one another for evaluating a comparative level of success of products.

21. A method of reusing a product evaluation application program on different work stations by accessing different data to provide different evaluations responsive to the different data, indicating a comparative level of success of products, comprising the steps of:

(a) storing the product evaluation application program on group and vendor computers;

(b) downloading group specific data to the group computer and vendor specific data to the vendor computer, said group specific and vendor specific data including the following;

category of the products, class of the products, style of the products, group selling location of the products, branch selling location of the products, and vendor distributor of the products;

(c) executing the product evaluation application program at the group computer using the group specific data to evaluate the products with respect to group performance indicating the comparative level of success of the product with respect to the following;

the category of the product, the class of the product, the style of the product, the group selling location of the product, the branch selling location of the product, and the vendor distributor of the product in comparison with the following;

retail sale of the product, cost of the product and unit number characteristics of the product; and

(d) executing the product evaluation application program at the vendor computer using the vendor specific data to evaluate the products with respect to vendor performance indicating the comparative level of success of the product with respect to the following;

the category of the product, the class of the product, the style of the product, the group selling location of the product, the branch selling location of the product, and the vendor distributor of the product in comparison with the following;

retail sale of the product, cost of the product and unit number characteristics of the product.

22. A method of reusing a product evaluation application program as recited in claim 21,

wherein said storing step (a) further comprises the step of storing the application program on a corporate computer,

wherein said downloading step (b) further comprises the step of downloading corporate specific data to the corporate computer, and

wherein said method of reusing the product evaluation application program further comprises the step of executing the product evaluation application program at the corporate computer using the corporate specific data to evaluate the products with respect to corporate performance.