IP Library Patent Application 15882523
Patent Application
App. No. 15/882,523

SYSTEM AND METHOD FOR IMPROVED INVENTORY MANAGEMENT OF RETURNED RETAIL ITEMS

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Quick Facts
Patent No.
US None
App. No.
15/882,523
Abstract

Systems, methods, and computer-readable storage media for improved inventory management of returned merchandise. Returned items are labeled using a smart label, which allows for easy tracking of the physical location of the returned items, as well as the reasons for the product being returned. When the items are scanned using the smart labels, updates to the store inventory and the global product inventory can occur, thereby allowing the returned item to be used in both local and online sales.

Claims (69)

1 . A method comprising:

receiving, at a server, a notification that an item is being returned to a store;

providing, to an electronic device in response to the notification, a returned item identification which is incorporated into a smart label, wherein the returned item identification comprises an item type of the item and a reason code for the item being returned;

receiving, at the server, a first communication indicating the item has been received at the store with the smart label affixed to the item;

receiving, at the server, a second communication indicating a physical location of the item within the store;

determining, based on the reason code, to add the item to an inventory system, to yield a determination, the inventory system comprising a store-specific product inventory database and a global product inventory database;

updating the store-specific product inventory database based on the determination, the first communication, and the second communication, the store-specific product inventory database being associated with the store; and

updating the global product inventory database based on the determination, the first communication, and the second communication.

2 . The method of claim 1 , further comprising:

receiving, at the server, an online request for the item type; and

returning, in response to the online request, an availability of the item type based on an updated global product inventory database.

3 . The method of claim 1 , further comprising:

receiving, at the server, an online request for the item type;

identifying the item as satisfying the online request; and

issuing a notification for a store associate to fill the online request by retrieving the item from the physical location.

4 . The method of claim 1 , further comprising:

receiving, at the server, a request from a store associate in the store for locations of the item type within the store; and

issuing a notification to the store associate, the notification comprising the physical location of the item.

5 . The method of claim 4 , wherein the request from the store associate further requests a quantity of the item type within the store; and

wherein the notification to the store associate further comprises the quantity of the item type within the store based on an updated store-specific product inventory database.

6 . The method of claim 1 , wherein the global product inventory reflects worldwide inventory of at least the item type.

7 . The method of claim 1 , wherein the reason code indicates the item fails to meet a standard for returning the item to normal sale status; and

the physical location of the item represents that the item is to be removed from the inventory system.

8 . The method of claim 1 , wherein the notification is generated by a mobile device of a customer.

9 . A system comprising:

a processor; and

a computer-readable storage medium having instructions stored which, when executed by the processor, cause the processor to perform operations comprising:

receiving a notification that an item is being returned to a store, wherein the notification is generated by a mobile device of a customer;

providing, to an electronic device in response to the notification, a returned item identification which is incorporated into a smart label, wherein the returned item identification comprises an item type of the item and a reason code for the item being returned;

receiving a first communication indicating the item has been received at the store with the smart label affixed to the item;

receiving a second communication indicating a physical location of the item within the store;

determining, via a rules engine, to add the item to an inventory system, to yield a determination, wherein the rules engine obtains realtime inventory of an inventory system, the inventory system comprising a store-specific product inventory database and a global product inventory database, and uses the realtime inventory with the reason code to ensure that adding the item to the inventory system passes a plurality of inventory rules;

updating the store-specific product inventory database based on the determination, the first communication, and the second communication, the store-specific product inventory database being associated with the store; and

updating the global product inventory database based on the determination, the first communication, and the second communication.

10 . The system of claim 9 , the computer-readable storage medium having additional instructions stored which, when executed by the processor, cause the processor to perform operations comprising:

receiving, at the server, an online request for the item type; and

returning, in response to the online request, an availability of the item type based on an updated global product inventory database.

11 . The system of claim 9 , the computer-readable storage medium having additional instructions stored which, when executed by the processor, cause the processor to perform operations comprising:

receiving, at the server, an online request for the item type;

identifying the item as satisfying the online request; and

issuing a notification for a store associate to fill the online request by retrieving the item from the physical location.

12 . The system of claim 9 , the computer-readable storage medium having additional instructions stored which, when executed by the processor, cause the processor to perform operations comprising:

receiving, at the server, a request from a store associate in the store for locations of the item type within the store; and

issuing a notification to the store associate, the notification comprising the physical location of the item.

13 . The system of claim 12 , wherein the request from the store associate further requests a quantity of the item type within the store; and

wherein the notification to the store associate further comprises the quantity of the item type within the store based on an updated store-specific product inventory database.

14 . The system of claim 9 , wherein the reason code indicates the item fails to meet a standard for returning the item to normal sale status; and

the physical location of the item represents that the item is to be removed from the inventory system.

15 . A non-transitory computer-readable storage medium having instructions stored which, when executed by a computing device, cause the computing device to perform operations comprising:

receiving, at a server, a notification that an item is being returned to a store;

providing, to an electronic device in response to the notification, a returned item identification which is incorporated into a smart label, wherein the returned item identification comprises an item type of the item and a reason code for the item being returned;

receiving, at the server, a first communication indicating the item has been received at the store with the smart label affixed to the item;

receiving, at the server, a second communication indicating a physical location of the item within the store;

determining, based on the reason code, to add the item to an inventory system, to yield a determination, the inventory system comprising a store-specific product inventory database and a global product inventory database;

updating the store-specific product inventory database based on the determination, the first communication, and the second communication, the store-specific product inventory database being associated with the store; and

updating the global product inventory database based on the determination, the first communication, and the second communication.

16 . The non-transitory computer-readable storage medium of claim 15 , having additional instructions stored which, when executed by a computing device, cause the computing device to perform operations comprising:

receiving, at the server, an online request for the item type; and

returning, in response to the online request, an availability of the item type based on an updated global product inventory database.

17 . The non-transitory computer-readable storage medium of claim 15 , having additional instructions stored which, when executed by a computing device, cause the computing device to perform operations comprising:

receiving, at the server, an online request for the item type;

identifying the item as satisfying the online request; and

issuing a notification for a store associate to fill the online request by retrieving the item from the physical location.

18 . The non-transitory computer-readable storage medium of claim 15 , having instructions stored which, when executed by a computing device, cause the computing device to perform operations comprising:

receiving, at the server, a request from a store associate in the store for locations of the item type within the store; and

issuing a notification to the store associate, the notification comprising the physical location of the item.

19 . The non-transitory computer-readable storage medium of claim 8 , wherein the request from the store associate further requests a quantity of the item type within the store; and

wherein the notification to the store associate further comprises the quantity of the item type within the store based on an updated store-specific product inventory database.

20 . The non-transitory computer-readable storage medium of claim 15 , wherein the global product inventory reflects worldwide inventory of at least the item type.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 9, 2018
From: WAL-MART STORES, INC.
To: WALMART APOLLO, LLC
Reel/Frame 046110/0047 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 14, 2018
From: MOSIER, THERESA; KURTZ, TINA MARIE
To: WAL-MART STORES, INC.
Reel/Frame 045201/0489 →