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:
Aug. 15, 2023
Filed:
May. 10, 2019
Walmart Apollo, Llc, Bentonville, AR (US);
Benjamin Tucker, Bella Vista, AR (US);
Renjith Lal Erreseril, Centerton, AR (US);
Deron Gardner, Bentonville, AR (US);
Walmart Apollo, LLC, Bentonville, AR (US);
Abstract
Systems and methods are disclosed for brand and license hierarchy management to improve brand governance. A hierarchal data structure permits tracking of products, associating items separately with brands and licenses, so that a subset of items associated with a particular brand may have differing license associations. The hierarchal structure advantageously facilitates nesting of primary and secondary (or more) brands and licenses to provide for more reliable automated royalty payment management that can reduce risks of missing payments or making unnecessary duplicate payments. A factory tracking functionality assists compliance with regulatory and ethical sourcing requirements to help reduce reputational and financial risks, for example with private brands, exclusive brands, and imported items. A user interface may be employed for management of brands and licenses, including identification of duplicate brand entries, and machine learning may be employed for associating the correct brand hierarchy to a product based on given product details.