System and method for managing retail product inventory
US10839346B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 10, 2019 |
| Grant date | Nov 17, 2020 |
| Priority date | — |
| Expiry date | May 10, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/203
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
In some embodiments, system, apparatuses, and methods are provided herein useful for managing retail product inventory including a plurality of locations each having a corresponding location decay rate associated by a central control system. A central control system comprising a central control circuit coupled with memory storing code that when implemented causes the central control circuit to: determine, at a current time and for each detected first product, a confidence value corresponding to a level of confidence that the first product is still present and within a first threshold area corresponding to a first location where the first product was most recently sensed. The confidence value may decay over time proportional to a first decay period of time.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.