CONSUMER DEMAND-BASED INVENTORY MANAGEMENT SYSTEM
First Claim
1. An apparatus for evaluating whether products are to be binned into stock room bins at a retail facility or displayed on a sales floor of the retail sales facility, the apparatus comprising:
- a reader configured to scan at least one product at the retail sales facility; and
a control unit including a processor and configured to;
receive data from a scan of the at least one product by a worker at the retail sales facility using a hand-held electronic device including a processor to facilitate a determination of whether the at least one product is to be binned into a stock room storage bin or displayed on the sales floor;
obtain a demand for the at least one product from a time products identical to the scanned at least one product were delivered to the retail facility;
estimate whether the demand for the at least one product supports displaying the at least one product on the sales floor of the retail sales facility or binning the at least one product in a stock room storage bin;
output, when the demand supports displaying the at least one product on the sales floor;
an indication to the worker that there is available sales floor space for the at least one product; and
an indication of a number of units of the at least one product to be brought out onto the sales floor to fill the available sales floor space for the at least one product.
3 Assignments
0 Petitions
Accused Products
Abstract
In some embodiments, methods and systems of managing products at a retail sales facility include scanning a product in a stocking cart at the retail sales facility using a hand-held electronic device including a processor. At least two of the following three functions may be performed based on the scanning of the product. First, the stocking cart may be audited by comparing scanned data to data contained in an inventory management database. Second, a determination of whether the item is on a pick list may be made, which may include determining a demand for the scanned product to arrive at a decision whether to store the product in the stock room or place it on a shelf on the sales floor. Third, if the item is to be stored in the stock room, a determination of whether identical items are stored in bins in the stock room may be made.
6 Citations
12 Claims
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1. An apparatus for evaluating whether products are to be binned into stock room bins at a retail facility or displayed on a sales floor of the retail sales facility, the apparatus comprising:
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a reader configured to scan at least one product at the retail sales facility; and a control unit including a processor and configured to; receive data from a scan of the at least one product by a worker at the retail sales facility using a hand-held electronic device including a processor to facilitate a determination of whether the at least one product is to be binned into a stock room storage bin or displayed on the sales floor; obtain a demand for the at least one product from a time products identical to the scanned at least one product were delivered to the retail facility; estimate whether the demand for the at least one product supports displaying the at least one product on the sales floor of the retail sales facility or binning the at least one product in a stock room storage bin; output, when the demand supports displaying the at least one product on the sales floor; an indication to the worker that there is available sales floor space for the at least one product; and an indication of a number of units of the at least one product to be brought out onto the sales floor to fill the available sales floor space for the at least one product. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A system for replenishing inventory on a sales floor of a retail sales facility, the system comprising:
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an inventory management database configured to store data associated with products displayed on the sales floor of the retail sales facility and with products stored in a stock room of the retail sales facility; at least one computing device including a programmable processor coupled to the inventory management database and configured to; detect, based on the data obtained from the inventory management database, at least one sale of at least one product on the sales floor; determine, in response to the detected at least one sale of at least one product on the sales floor, that storage space is available on the sales floor for at least one unit of the at least one product sold on the sales floor; and output, in response to the detected at least one sale of at least one product on the sales floor and in response to the determination that storage space is available on the sales floor for at least one unit of the at least one product sold on the sales floor, a pick instruction to a worker at the retail sales facility, the pick instruction indicating a total number of units to be picked from the stock room and brought onto the sales floor for replenishment and display in the storage space determined to be available on the sales floor as a result of the at least one sale of the at least one product sold on the sales floor. - View Dependent Claims (8, 9, 10, 11, 12)
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Specification