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:
Nov. 27, 2012
Filed:
Apr. 02, 2007
Venkat Krishnamurthy, Acton, MA (US);
Jasjit Singh Mangat, Arlington, MA (US);
Peter Billante, Needham, MA (US);
Sachin Kumar Bansal, Bangalore, IN;
Anupkumar Rao, Pune, IN;
Venkat Krishnamurthy, Acton, MA (US);
Jasjit Singh Mangat, Arlington, MA (US);
Peter Billante, Needham, MA (US);
Sachin Kumar Bansal, Bangalore, IN;
Anupkumar Rao, Pune, IN;
Checkpoint Systems, Inc., Thorofare, NJ (US);
Abstract
The invention includes a method of detecting out-of-stock conditions for retail products, and for dynamically updating associated replenishment plans, sales forecasts, and event scripts for product stocking events such as turn stock products, promotional products, new product introductions and modular resets. The invention accesses RFID data associated with product stocking events for identifying product movements in a retail supply chain and within a retail store. The invention optionally accesses point-of-sale and perpetual inventory data for detecting out-of-stock conditions. The invention also includes a method for dynamically improving product layout and optimized planograms based on out-of-stock velocity detection.