Ceasar, Rivise, Bernstein, Cohen & Pokotilow, Ltd.
Retail product out-of-stock detection and dynamic scripting
The invention includes a method of detecting out-of-stock conditions for retail products, and for dynamically updating associated replenishment plans, sales forecasts, and event scripts for product stocking events such as turn stock products, promotional products, new product introductions and modular resets. The invention accesses RFID data associated with product stocking events for identifying product movements in a retail supply chain and within a retail store. The invention optionally accesses point-of-sale and perpetual inventory data for detecting out-of-stock conditions. The invention also includes a method for dynamically improving product layout and optimized planograms based on out-of-stock velocity detection.
Checkpoint Systems, Inc.
G G
G06Q G06Q
inventional inventional
Venkat Jasjit Singh Sachin Kumar Anupkumar Peter
Krishnamurthy Mangat Bansal Rao Billante