Patents by Inventor Douglas K. McIver

Douglas K. McIver has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 7979299
    Abstract: The invention provides methods and apparatus for optimizing markdown scheduling that group multiple retail sites into bins (or buckets) for purposes of scheduling markdown pricing on an item (or group of related items) sold by those sites. The groupings can be based, for example, on a metric that is a function of the current inventory of the item (or items) and its expected sales at each site. A markdown schedule is generated for the combined grouping of stores in each bucket, rather than for the individual stores that make up that bucket, thereby speeding price optimization determination. A report of those schedules can be used, for example, by pricing managers or other personnel to set prices at the sites. Alternatively, or in an addition, the schedules can be used in conjunction with an inventory control system to set prices for the items and/or on RFID or other electronic shelf displays.
    Type: Grant
    Filed: June 21, 2005
    Date of Patent: July 12, 2011
    Assignee: Oracle Int'l. Corp.
    Inventors: Shail Mehta, Reed B. Breneman, John C. Stauffer, Douglas K. McIver, Vishwamitra S. Ramakrishnan, Zhidong Lu, Pavandeep S. Kalra, Brian Sheppard