Inventory loss prediction
US8332285B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 11, 2010 |
| Grant date | Dec 11, 2012 |
| Priority date | — |
| Expiry date | Apr 9, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/087
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for inventory loss prediction is provided. The system comprises a processor, a memory, and an application stored in the memory that, when executed by the processor, receives a report associating electronic serial numbers of devices with a plurality of instances of inventory loss. The system also creates a list of device characteristics associated with the devices, creates a list of store characteristics associated with retail stores to which the devices were shipped, and determines a first statistical correlation of a device characteristic to inventory loss. The system also determines a second statistical correlation a store characteristic to inventory loss and predicts, based on the first statistical correlation and the second statistical correlation, a probability of inventory loss.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.