Walmart Apollo, LLC

Stephen Steel

Aditya Reddy Cheruku

Hamza Farooq

Trinath Patri

Anindya Sankar Dey

Rahul Tripathi

Manish Kumar Barnwal

Mainak Mitra

Yashas Bharadwaj

Aaron Ryan

Paul Schaefer

Ming Li

Lakshmi Bhaswanth Ramireddy

Mariana Pop

Nikesh K Srivasatava

In some embodiments, apparatuses and methods are provided herein useful to forecasting product demand. In some embodiments, a system comprise a forecasting control circuit to: apply each of a plurality of different models to forecast demand of a first product over a first historic period generating historic forecasted demands of the first product, wherein at least a first model uses selected one or more variables that are predicted to have an uncharacteristic effect on predicted demand; select one of the models and apply the model in generating a forecasted future demand, wherein the selection of the model is based on a difference between each of the generated historic forecasted demands and actual sales; and identify actions to modify inventory of the first product at the first shopping facility based on the forecasted future demand.

Systems and methods of utilizing multiple forecast models in forecasting customer demands for products at retail facilities

In some embodiments, apparatuses and methods are provided herein useful to monitoring retail products. In some embodiments, there is provided a system for monitoring retail products including: one or more shelf image capturing devices disposed within a retail shopping facility. The one or more shelf image capturing devices configured to capture shelf images of retail store shelves. The captured shelf images having an associated shelf timestamp. By one approach, a control circuit in communication with the one or more shelf image capturing devices is configured to analyze the captured shelf images by comparing brightness, contrast levels, and luminous intensity at a particular frequency between at least two shelf images of the captured shelf images to determine a rate of shelf product depletion for a particular retail product and send a shelf depletion warning regarding a particular retail item to an associate device or a central computer.

System and method for managing retail products

In some embodiments, systems, apparatuses and methods are provided herein useful for monitoring retail products including: one or more shelf image capturing devices disposed within a retail shopping facility; one or more stock image capturing devices disposed within a stockroom of the retail shopping facility; and a control circuit in communication with the one or more shelf image capturing devices and the one or more stock image capturing devices. The control circuit may configured to: analyze the captured shelf images and associated shelf timestamp to determine a rate of shelf product depletion for a particular retail product; analyze the captured stock images and the associated stock timestamp to determine a rate of stock depletion; compare the rate of shelf product depletion and the rate of stock product depletion; and send a stock depletion warning regarding a particular retail item to a supply chain management server.

Growing community of inventors

Bentonville, AR, United States of America

Stephen Steel