IP Library Granted Patent US 8,635,238
Granted Patent B2
US 8,635,238 · App. 12/685,130 · Granted Jan 21, 2014

Appratus, system and method for an automated stock ledger

Inventors: Arthur Tisi (Amawalk, NY); Kevin McDonnell (Warwick, NY); Oleg Margolin (Stamford, CT); Oleg Alshansky (Brooklyn, NY)
Assignee: Fairway Group Acquisition Company
G06F17/30286Y10S707/99942
View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 8,635,238
App. No.
12/685,130
Granted
Jan 21, 2014
Kind
B2
Abstract

An inventory stock ledger system, apparatus and method including a process by which one can track inventory efficiently, but can also utilize to perform inventory analysis on a dynamic level. The method includes recording inventory snapshots across various dimensions of a retail business and tracking the inventory levels for select products in to provide real time reports. Central to the apparatus is the idea that inventory can be viewed from a central starting point, and then examined among various dimensions. Inventory management is readily modified and dynamic. The method includes a build capability for examining the inventory levels and snapshots of inventory for a retail market franchise.

Claims (18)

1. An apparatus having a computer readable storage medium on which is embedded one or more computer programs, the one or more computer programs implementing a method of maintaining an electronic stock ledger for a grocery store having a legacy computer system, the legacy computer system having multiple distant operational databases, the one or more computer programs comprising a set of instructions for:

creating an electronic interface using the legacy computer system;

creating an electronic data model using the legacy computer system;

creating at least one process rule using the legacy computer system;

selecting a product type and a type of product information regarding the selected product type to extract from the operational databases having at least one of sales information, inventory information and margin information;

extracting product information regarding the selected product type and the selected type of product information from at least one of the operational databases;

determining an original location within the at least one of the operational databases from which the extracted product information was extracted;

determining a destination location within the central database which the extracted product information will be loaded;

loading the extracted product information into the central database at the destination data location, using the electronic interface created at the legacy computer system;

recording a new data set with the extracted product information using the data model and the at least one process rule created at the legacy computer system; and

enhancing the new data set with the extracted product information in a master file set of data in the central database.

2. The apparatus according to claim 1 , where the one or more computer programs further comprises a set of instructions for creating a report of product inventory based upon the selected product type over a selected time period.

3. The apparatus according to claim 1 , where the one or more computer programs further comprises a set of instructions for creating a report of product inventory based on a location of the product.

4. The apparatus according to claim 1 , where the one or more computer programs further comprises a set of instructions for providing multiple reports of the selected product type over multiple product locations and time frames.

5. The apparatus according to claim 1 , where the one or more computer programs further comprises a set of instructions for collecting data from at least one POS data location and one known format source data location.

6. The apparatus according to claim 5 , where the one or more computer programs further comprises a set of instructions for performing a multicast process to aggregate job summary information.

7. The apparatus according to claim 6 , where the one or more computer programs further comprises a set of instructions for performing a bad data step to store discrepancies in the POS data and the known formatted source data as compared to the master file set of data.

8. The apparatus according to claim 7 , where the one or more computer programs further comprises a set of instructions for performing a conditional split process on the collected data.

Assignments (14)
RELEASE OF SECURITY INTEREST Recorded Nov 3, 2020
From: ANKURA TRUST COMPANY, LLC
To: OLD MARKET GROUP ACQUISITION COMPANY F/K/A FAIRWAY GROUP ACQUISITION COMPANY
Reel/Frame 054255/0116 →
RELEASE OF SECURITY INTEREST Recorded Nov 3, 2020
From: ANKURA TRUST COMPANY, LLC
To: FAIRWAY GROUP ACQUISITION COMPANY
Reel/Frame 054254/0907 →
FREE AND CLEAR BANKRUPTCY COURT ORDER RELEASING ALL PRIOR SECURITY INTERESTS Recorded May 27, 2020
From: FAIRWAY GROUP ACQUISITION COMPANY
To: VSM NY HOLDINGS LLC
Reel/Frame 052758/0258 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 27, 2020
From: FAIRWAY GROUP ACQUISITION COMPANY
To: VSM NY HOLDINGS LLC
Reel/Frame 052759/0531 →
RELEASE OF SECURITY INTEREST IN INTELLECTUAL PROPERTY Recorded Feb 7, 2020
From: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
To: FAIRWAY GROUP ACQUISITION COMPANY
Reel/Frame 051842/0673 →
SECURITY INTEREST Recorded Jan 30, 2020
From: FAIRWAY GROUP ACQUISITION COMPANY
To: ANKURA TRUST COMPANY, LLC
Reel/Frame 051674/0592 →
PATENT SECURITY AGREEMENT Recorded Aug 30, 2018
From: FAIRWAY GROUP ACQUISITION COMPANY
To: ANKURA TRUST COMPANY, LLC, AS COLLATERAL AGENT
Reel/Frame 046986/0808 →
SECURITY INTEREST Recorded Jul 5, 2016
From: FAIRWAY GROUP ACQUISITION COMPANY
To: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
Reel/Frame 039075/0611 →
SECURITY AGREEMENT Recorded Mar 20, 2013
From: FAIRWAY GROUP ACQUISITION COMPANY, A DELAWARE CORPORATION
To: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
Reel/Frame 030046/0715 →
RELEASE OF SECURITY INTEREST Recorded Mar 19, 2013
From: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
To: FAIRWAY GROUP ACQUISITION COMPANY
Reel/Frame 030038/0447 →
SECURITY AGREEMENT Recorded Aug 21, 2012
From: FAIRWAY GROUP ACQUISITION COMPANY
To: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
Reel/Frame 028824/0224 →
RELEASE OF SECURITY INTEREST Recorded Aug 20, 2012
From: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
To: FAIRWAY GROUP ACQUISITION COMPANY
Reel/Frame 028810/0307 →
SECURITY AGREEMENT Recorded Mar 5, 2011
From: FAIRWAY GROUP ACQUISITION COMPANY
To: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
Reel/Frame 025907/0342 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jan 11, 2010
From: ALSHANSKY, OLEG; TISI, ARTHUR; MARGOLIN, OLEG; MCDONNELL, KEVIN
To: FAIRWAY GROUP ACQUISITION COMPANY
Reel/Frame 023759/0348 →
Continuity (2)
Provisional Application 61170789 · Apr 20, 2009
Related Publication 20100268616A1 · Oct 21, 2010