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. 29, 2023
Filed:
Sep. 16, 2020
Focal Systems, Inc., Burlingame, CA (US);
Francois Chaubard, Burlingame, CA (US);
Focal Systems, Inc., San Francisco, CA (US);
Abstract
An operating system for a retail store applies AI to detect, from images of store shelves, out of stock and low stock conditions of shelved items based on camera images. The system takes in a set of input states of the store and recommends corrective action to optimize a set of objectives for the store. These objectives could be to optimize Operating Profit. The input states could be current shelf conditions inferred by shelf cameras. The action could be ordering of restocking, changes in future inventory orders, the number of shelf facings per product, price to charge per product, or labor allocations and scheduling for store staff. Through repeated reiterations over an extended period, the system compares actual results with predicted results and retrains itself to minimize the difference and recommend smarter actions over time to 'play the game of retail' better and better each day and in each store.