Location and time based smart label updates for auto currency conversion, symbol and item level description

US10152690B2 · kind B2 · utility

Assignee

• TYCO FIRE & SECURITY GMBH · CH

Inventors

• Melwyn F. Sequeira · Fort Lauderdale, US
• Hubert A. Patterson · Boca Raton, US
• Mohammad Mohiuddin · Boynton Beach, US

Key dates

• Filing date: Jan 4, 2017
• Grant date: Dec 11, 2018
• Expiry date: Aug 19, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0206
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for managing inventory pricing. The methods comprise: programming, at a first location, an Electronic Smart Tag (“EST”) with at least first item level information comprising a first item description in a first language and a first item price in a first monetary currency; outputting the first item level information from the EST; and automatically replacing the first item level information being output from the EST with second item level information in response to the ESTs arrival at a second location different than and remote from the first location. The second item level information comprises the first item description in a second language different than the first language and the first item price in a second monetary currency different than the first monetary currency.