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SYSTEM AND METHOD FOR PERPETUAL INVENTORY MANAGEMENT

  • US 20180268364A1
  • Filed: 03/09/2018
  • Published: 09/20/2018
  • Est. Priority Date: 03/15/2017
  • Status: Active Grant
First Claim
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1. A system that is configured to manage perpetual inventory (PI) values of products in a back room or other area of a retail store, the back room not being accessible to the general public, the system comprising:

  • one or more sensors disposed at a back room of a retail store, the sensors being configured to obtain scans of products in the back room;

    a transceiver circuit disposed at the retail store, the transceiver configured to transmit the scans;

    a network that is coupled to the transceiver circuit;

    an interface disposed at a central location that is coupled to the network and configured to receive the scans;

    a database disposed at the central location that stores a perpetual inventory (PI) value for the selected product, the scans, and a last PI adjustment time, the last PI adjustment time indicating when the PI value was last adjusted;

    a control circuit disposed at the central location and coupled to the interface and the database, the control circuit configured to;

    obtain the PI value and the last PI adjustment time from the database;

    obtain the scans and analyze the scans to determine a back room quantity value for a selected product in the back room;

    compare the PI value of the selected product to the back room quantity value of the selected product, and determine a second time when the back room quantity value becomes greater than the PI value for the selected product;

    block an adjustment to the PI of the selected product when an indication of upcoming inventory adjustment for the selected product has been received at the interface;

    block the adjustment to the PI value of the selected product when the last PI adjustment time is after the second time;

    when the back room quantity value is greater than the PI value and the adjustment to the PI value is unblocked, adjust the PI value to be the back room quantity value, and transmit the adjusted PI value to the retail store via the interface and network.

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