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:
Oct. 08, 2024
Filed:
Apr. 21, 2021
Sensormatic Electronics, Llc, Boca Raton, FL (US);
Gopi Subramanian, Delray Beach, FL (US);
Michael C. Stewart, Delray Beach, FL (US);
Harish Yadav, Boca Raton, FL (US);
SENSORMATIC ELECTRONICS, LLC, Boca Raton, FL (US);
Abstract
Aspects of the present disclosure provide techniques that utilize artificial intelligence (AI) to preemptively identify and prioritize risks for retailers from shrink loss. Specifically, features of the present disclosure provide actionable prescriptions to prevent shrink based on the output of a hybrid machine learning (ML) system that accurately identifies shrink risk factors and implements a cost-effective shrinkage control plan to reduce the retail theft. The shrinkage control plan may then be displayed to the user on a display device (or user interface) in order to allow for the user (e.g., store manager) to implement the recommendations developed by the recommendation engine.