The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 31, 2022
Filed:
Mar. 25, 2021
Laundris Corporation, Austin, TX (US);
Donald Ward, Austin, TX (US);
Joseph M. Dominguez, Austin, TX (US);
Rob Garner, Garland, TX (US);
Edward Casteel Milner, Dallas, TX (US);
Jamar Beall, Euless, TX (US);
Laundris Corporation, Austin, TX (US);
Abstract
Apparatus and associated methods relate to an inventory management system having a machine learning engine trained to (a) dynamically predict a demand amount of the inventory in response to a set of near-future data and (b) generate a signal to order the amount of inventory as needed. In an illustrative example, the machine learning engine may be trained by a hotel's historical room booking data, the hotel's historical occupancy data, and corresponding inventory consumption data stored in a database. Various embodiments may enable, for example, the hotel to have better management on the status of inventories at various stages. For example, sufficient inventory may be available. In addition, providing the proper amount of inventory may also advantageously reduce the cost spent on unused products.