ANTICIPATORY INVENTORY MANAGEMENT VIA ELECTRONIC SHOPPING LISTS
A method and system of managing inventory within a store enables an end user to provide an electronic shopping list (ESL) indicating items that may be purchased in the future by an end user to a network resource associated with the store. The end user may be motivated to provide the ESL to the network resource. When the end user provides the ESL, the ESL may be used to predict future inventory needs and/or adjust inventory levels. Information tracking items on the ESL versus items that are purchased by the end user may be maintained to develop a likelihood of purchase factor for the end user. The tracking information may also be used to predict future inventory needs and/or adjust inventory levels.
1 . A method of managing inventory, comprising:
enabling an end user to provide an electronic shopping list (ESL) to a network resource, the ESL indicating items that may be purchased in the future;
incentivizing the end user to provide the ESL to the network resource; and
responsive to the end user providing the ESL to the network resource, performing at least one of: (1) predicting future inventory needs based, at least in part, on the provided ESL and (2) adjusting inventory levels based, at least in part, on the provided ESL.
2 . The method of claim 1 , further comprising:
maintaining information tracking items on the ESL versus items purchased by the end user;
determining a likelihood of purchase factor for the end user based, at least in part, on the tracking information; and
wherein said predicting of future inventory needs comprises predicting future levels of inventory based, at least in part, on the tracking information.
3 . The method of claim 1 , wherein said incentivizing includes notifying the end user of sale events concerning items on the ESL.
4 . The method of claim 1 , wherein said incentivizing includes providing a coupon to the end user.
5 . The method of claim 4 , wherein said coupon is for at least one item on the ESL.
6 . The method of claim 1 , wherein said enabling comprises enabling the end user to provide the ESL via a cellular device.
7 . The method of claim 1 , wherein said enabling comprises enabling the end user to provide the ESL via a computer.
8 . The method of claim 1 , wherein said enabling comprises enabling the end user to download an application suitable for creating the ESL.
9 . The method of claim 1 , wherein said enabling comprises enabling the end user to generate the ESL via an online interface.
10 . The method of claim 1 wherein the network resource is associated with a store.
11 . The method of claim 10 , wherein the network resource comprises a Web server portal of the store.
12 . The method of claim 10 , further comprising, responsive to an item listed on the ESL not being in stock at the store, transmitting information to the end user indicative of at least one of: (1) another store location where the item is in stock and may be purchased and (2) the lack of inventory at the store.
13 . A system including processor and storage media accessible to the processor, configured to manage inventory, the system being operable for:
enabling an end user to provide an electronic shopping list (ESL) to a network resource, the ESL indicating items that may be purchased in the future by the end user;
inducing the end user to provide the ESL to the network resource; and
responsive to the end user providing the ESL to the network resource, performing at least one of: (1) predicting future inventory needs based, at least in part, on the provided ESL and (2) adjusting inventory levels based, at least in part, on the provided ESL.
14 . The system of claim 13 , the system being further operable for:
maintaining information indicative of which items on the ESL were purchased by the end user within a predetermined interval; and
wherein said predicting of future inventory needs comprises predicting future levels of inventory based, at least in part, on the tracking information.
15 . The system of claim 13 , wherein said inducing includes conducting at least one activity selected from a group consisting of: notifying the end user of sale events concerning items on the ESL and providing a coupon to the end user for at least one item on the ESL.
16 . The system of claim 13 , wherein said enabling comprises enabling the end user to provide the ESL via an end user resource selected from a group consisting of: a cellular device, a computer, and an online interface.
17 . The system of claim 13 , further comprising responsive to an item listed on the ESL not being in stock at a store associated with the network resource, transmitting information to the end user indicative of at least one of: (1) another store location where the item is in stock and may be purchased and (2) the lack of inventory at the store.
18 . A computer readable memory media, including computer executable program instructions for managing inventory, said program instructions executable to:
enable an end user to provide an electronic shopping list (ESL) to a network resource, the ESL indicating items that may be purchased in the future by the end user;
motivate the end user to provide the ESL to the network resource; and
responsive to the end user providing the ESL to the network resource, performing at least one of: (1) predicting future inventory needs based, at least in part, on the provided ESL and (2) adjusting inventory levels based, at least in part, on the provided ESL.
19 . The memory media of claim 18 , further including program instructions executable to:
maintain information tracking items on the ESL versus items purchased by the end user; and
further predict future inventory needs based, at least in part, on the tracking information.
20 . The memory media of claim 18 , further including program instructions executable to:
transmit information to the end user indicative of another store location where the item is in stock and may be purchased when an item listed on the ESL is not in stock at a store associated with the network resource.