Vendor-based inventory management system and method

• US 9,792,545 B1
• Filed: 05/07/2010
• Issued: 10/17/2017
• Est. Priority Date: 05/08/2009
• Status: Active Grant

• Current Assignee: Falcinelli, Ellen, Sherman, Abe P., Wolfson, Mark I.
• Original Assignee: Falcinelli, Ellen, Sherman, Abe P., Wolfson, Mark I.
• Inventors: Sherman, Abe P., Wolfson, Mark I., Falcinelli, Ellen
• Primary Examiner(s): Crawley, Talia
• Application Number:
  US12/775,629
• Time in Patent Office: 2,720 Days
• Field of Search: 705 28
• CPC Class Codes: G06M 7/02 wherein objects ahead of the sensing element are separated to produce a distinct gap between successive objects
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 30/00 Commerce

Abstract

A vendor-based inventory management system configured to facilitate management of retailer inventory associated with a vendor using a computing device. The system includes a communication module in communication with a plurality of remote point-of-sale (POS) systems over a network. The system also includes a data storage module having a memory storage device that stores POS data received. In addition, the system includes an interface module in communication with the data storage module and that reports comparative historical POS data across a plurality of store locations. The system further includes a data analysis module in communication with the data storage module. The data analysis module includes a computing device that analyzes data and suggest beneficial transactions. Furthermore, the system includes a contact management module that manages contact information across a plurality of store locations and associates the same with reported suggested beneficial transactions.

Claims

1. A vendor-based inventory management apparatus configured to facilitate management of retail inventory associated with a vendor using a computing device, comprising:

a) a communication module in communication with a plurality of remote, point of-sale, (POS) systems over a network such that the communication module is receptive to POS data from a plurality of store locations and including a communication device;

b) a data storage module in communication with the communication module and including a memory storage device that stores PUS data received through the communication module and including a data storage device in communication with a processor; and

c) an interface module in communication with the data storage module and that reports comparative historical POS data across a plurality of store locations and including an interface device, wherein the interface module displays data associated with suggested transactions using dynamic reports.

2. The system of claim 1, wherein the interface module displays suggested beneficial transactions including received store location data.

3. The system of claim 2, further comprising a data analysis module in communication with the data storage module, including a computing device and that analyzes data stored therein and suggest beneficial transactions.

4. The system of claim 3, wherein the data analysis module queries the data storage module for POS data by stock keeping unit across a plurality of store locations, to score the received store location data by inventory age, inventory amount, and/or volume, and to sort received store location data by score.

5. The system of claim 4, wherein the data analysis module sorts received store location data into reprovision groups and to calculate expected gains from reprovision permutations between the groups.

6. The system of claim 5, wherein the communication module is in direct communication with contact management module.

7. The system of claim 6, further comprising a contact management module in communication with the data storage module and that manages contact information across a plurality of store locations and associate the same with reported suggested beneficial transactions.

8. A vendor-based inventory management system configured to facilitate management of retailer inventory associated with a vendor using a cloud-based computing service, comprising:

a) a communication module in communication with a plurality of remote point-of-sale (POS) systems over a network such that the communication module is receptive to POS data from a plurality of remote store locations and including a network communication device;

b) a data storage module in communication with the communication module and including a memory storage device of a server that stores POS data received through the communication module and responds to queries against the POS data;

c) an interface module in communication with the data storage module and that dynamically reports comparative historical POS data across a plurality of store locations in a manner accessible to a remote interface device such that the user of a remote interface device is enabled alter a report view and wherein the interface module is receptive to query instructions from a remote interface device; and

d) a data analysis module in communication with the data storage module, including a processor that analyzes data stored therein and suggest beneficial transactions between store locations that are reported through the interface device.

9. The system of claim 8, wherein the interface module dynamically reports historical POS data for a single store location to a remote interface device.

10. The system of claim 8, further comprising a contact management module in communication with the data storage module and that manages contact information across a plurality of store locations and associate the same with selected suggested beneficial transactions.

11. The system of claim 8, wherein the data analysis module queries the data storage module for POS data by stock keeping unit across a plurality of store locations, to score the received store location data by inventory age, inventory amount, and/or volume, and to sort received store location data by score.

12. The system of claim 8, wherein the data analysis module sorts received store location data into reprovision groups and to calculate expected gains from reprovision permutations between the groups.

13. The system of claim 8, wherein the interface module restricts access to POS data by user account.