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. 28, 2013
Filed:
Jan. 28, 2010
Quinton Andrew Gabara, Murray Hill, NJ (US);
Thaddeus John Gabara, Murray Hill, NJ (US);
Quinton Andrew Gabara, Murray Hill, NJ (US);
Thaddeus John Gabara, Murray Hill, NJ (US);
TrackThings LLC, Murray Hill, NJ (US);
Abstract
Theft increases the average product cost to consumers. A mentoring system is presented that can help to reduce or prevent the inventory from lost or theft. Theft is a serious concern in the consumer market place. Industry loses billions per year on theft of merchandise. According to a Reuters report, last year, thefts by employees of U.S. retail merchandise accounted for $15.9 billion, or 44 percent of theft losses at stores, more than shoplifting and vendor fraud combined. Thus,total thief by the customers and store employees during the year 2008 amounted to $36 billion. Several embodiments of ways to control or reduce the thefts in the market place are presented.