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Methods and system for managing stock

  • US 7,669,763 B2
  • Filed: 06/23/2004
  • Issued: 03/02/2010
  • Est. Priority Date: 06/23/2004
  • Status: Active Grant
First Claim
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1. A method for managing stock in a storage facility, the method comprising:

  • providing a stock identifier to identify stock stored in the storage facility;

    providing a first bin identifier to identify a first bin in the storage facility, wherein the stock identifier and first bin identifier are provided in at least one memory device;

    associating, by a processor, the stock identifier with the first bin identifier when the stock is stored in the first bin;

    providing a resource identifier to identify a resource, the resource causing movement of the stock;

    assigning a transfer order to the resource to move the stock from the first bin to a second bin;

    associating the stock identifier with the resource identifier when the resource identifier is scanned, at pickup of the stock by the resource;

    identifying the stock as being located with the resource when the stock identifier is associated with the resource identifier;

    redirecting the resource, when the location of the stock is identified, to transport the stock to an alternate location, wherein the alternate location includes at least one of a third bin or a pickup and drop location; and

    registering the stock at the alternate location upon completion of the redirected transport by the resource.

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