Patents by Inventor Earl Stanley Sun

Earl Stanley Sun 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).

  • Publication number: 20140257912
    Abstract: Sales transaction data of products sold at a store of a retailer is employed to identify opportunities to reallocate product inventory among the products based on characteristics of sales of the products. The sales transaction data is employed to determine characteristics of product sales, including, e.g., sales volume and sell-through. The number of units of products inventoried in a store can be reallocated based on sales volume and sell-through of the products indicated by the sales transaction data. After reallocation to determine new inventory levels for the products, an estimate of sales performance for the products can be determined at the new inventory levels and the estimated sales can be compared to past actual sales measurements to determine the potential effect of changing the number of units of products allocated to inventory in a store in a retail chain of a retailer.
    Type: Application
    Filed: March 11, 2013
    Publication date: September 11, 2014
    Applicant: Target Brands, Inc.
    Inventors: Ping Fong Hsieh, Earl Stanley Sun, Daniel Willard Peterson
  • Patent number: 8650100
    Abstract: The risk of losing sales of an item in a retail store due to the item not being on the retail store's shelves for customers to purchase is reduced. An item an item at a retail store may be identified as being at risk based at least in part on a sales volatility of the item and on a frequency of the item selling beyond its sales floor capacity within a day. A minimum number of facings for the item in the retail store may be determined based at least in part on an average daily capacity of the item, an average number of facings for the item, and a specified amount of daily sales of the item. The determined minimum number of facings for the item in the retail store may be reported.
    Type: Grant
    Filed: November 19, 2012
    Date of Patent: February 11, 2014
    Assignee: Target Brands, Inc.
    Inventors: Lisa Anne Miller, Earl Stanley Sun, John Walbrun