Company Filing History:
Years Active: 2012
Title: Innovations by Peter Billante in Retail Technology
Introduction
Peter Billante is an accomplished inventor based in Needham, MA (US). He has made significant contributions to the field of retail technology, particularly in the area of inventory management. His innovative approach addresses critical challenges faced by retailers in maintaining product availability.
Latest Patents
Peter Billante holds a patent for a groundbreaking invention titled "Retail product out-of-stock detection and dynamic scripting." This invention includes a method for detecting out-of-stock conditions for retail products. It dynamically updates associated replenishment plans, sales forecasts, and event scripts for product stocking events. The invention utilizes RFID data to identify product movements within the retail supply chain and store. Additionally, it accesses point-of-sale and perpetual inventory data to detect out-of-stock conditions. The invention also enhances product layout and optimized planograms based on out-of-stock velocity detection. He has 1 patent to his name.
Career Highlights
Peter Billante is currently employed at Checkpoint Systems, Inc., where he continues to develop innovative solutions for the retail industry. His work focuses on improving inventory management and enhancing customer experience through technology.
Collaborations
Peter has collaborated with notable professionals in his field, including Venkat Krishnamurthy and Jasjit Singh Mangat. These collaborations have contributed to the advancement of retail technology and the implementation of effective inventory solutions.
Conclusion
Peter Billante's contributions to retail technology through his innovative patent demonstrate his commitment to solving real-world problems in inventory management. His work continues to influence the retail industry positively.