Abstract: The invention utilizes a system that links two-way communication components with inventory, fixtures, and people. Once linked, the system permits a centralized computer network to collect information about the spatial and temporal relationship between inventory, fixtures, and people using a low frequency communication protocol. When the invention is applied to a retail situation, the retailer can track inventory throughout the supply chain and can do so without substantial human involvement. Furthermore, the two-way communication components also permit the retailer to communicate directly with products on the shelves in a way that allows for re-pricing of goods or broadcasting of messages to customers, also without the need for direct human involvement.
Type:
Grant
Filed:
September 12, 2008
Date of Patent:
June 7, 2011
Assignee:
Transparent Visibility Holdings, LLC
Inventors:
William J. Babcock, Steven E. Niles, Bruce K. Babcock
Abstract: The invention utilizes a system that links two-way communication components with inventory, fixtures, and people. Once linked, the system permits a centralized computer network to collect information about the spatial and temporal relationship between inventory, fixtures, and people using a low frequency communication protocol. When the invention is applied to a retail situation, the retailer can track inventory throughout the supply chain and can do so without substantial human involvement. Furthermore, the two-way communication components also permit the retailer to communicate directly with products on the shelves in a way that allows for re-pricing of goods or broadcasting of messages to customers, also without the need for direct human involvement.
Type:
Application
Filed:
September 12, 2008
Publication date:
March 18, 2010
Applicant:
Transparent Visibility Holdings, LLC
Inventors:
William J. Babcock, Steven E. Niles, Bruce K. Babcock