IP Library Granted Patent US 10,853,899
Granted Patent B2
US 10,853,899 · App. 16/529,517 · Granted Dec 1, 2020

Methods and systems for inventory yield management

Inventors: Chet I. Brandenburg (Pismo Beach, CA); Amaya Becvar Weddle (San Luis Obispo, CA); Matthew A. Whitehead (Los Osos, CA)
Assignee: MINDBODY, INC.
G06Q50/205G06Q10/1057
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Quick Facts
Patent No.
US 10,853,899
App. No.
16/529,517
Granted
Dec 1, 2020
Kind
B2
Abstract

In some embodiments, an interactive user interface is provided for an inventory yield management system having access to an inventory database and a class database. The system comprises at least one processor to implement a single interactive user interface comprising a first user interface element configured to present a first user interface view to receive a selection of data stored in the inventory database; a second user interface element configured to present a second user interface view to receive a selection of data for creating a configurable class pass for one or more classes stored in the class database; and a channel indicator for associating a configured class pass with a channel of classes.

Claims (45)

1. An inventory yield management system comprising:

at least one processor of a machine; and

a memory storing instructions that, when executed by the at least one processor, cause the machine to perform operations comprising, at least:

generating an interactive user interface, wherein the interactive user interface includes:

a first user interface element configured to present a first user interface view to receive a selection of data stored in an inventory database;

a second user interface element configured to present a second user interface view to receive a selection of data for creating a configurable class pass for one or more classes stored in a class database; and

a class channel indicator;

causing a display of the interactive user interface in a display device of a client device;

generating a configured class pass based on the received selection of data for creating the configurable class pass;

associating the configured class pass with the one or more classes stored in the class database, and generating, for display in the interactive user interface, recommendations for managing inventory yield, the recommendations based on one or more optimization factors selected from a group of optimization factors comprising: a class start time, a class type, an availability channel, a group pass, an incentive, a discount, an instructor availability, a class participation level, and a class space;

identifying a projected yield of the one or more classes associated with the configured class pass, wherein the projected yield includes an optimized profit for the one or more classes stored in the class database; and

causing a display of the projected yield of the one or more classes associated with the configured class pass in the interactive user interface of the client device.

2. The inventory yield management system of claim 1 , wherein the interactive user interface further comprises a third user interface element configured to present a third user interface view to receive a class space designation.

3. The inventory yield management system of claim 1 , wherein the interactive user interface further comprises a fourth user interface element configured to present a fourth user interface view to receive a class discount designation.

4. The inventory yield management system of claim 1 , wherein the interactive user interface further comprises a fifth user interface element configured to present a fifth user interface view to receive a class time selection.

5. The inventory yield management system of claim 1 , wherein the projected yield relates to class attendance.

6. A computer-implemented method comprising:

generating an interactive user interface, wherein the interactive user interface includes:

a first user interface element configured to present a first user interface view to receive a selection of data stored in an inventory database;

a second user interface element configured to present a second user interface view to receive a selection of data for creating a configurable class pass for one or more classes stored in a class database; and

a class channel indicator;

causing a display of the interactive user interface in a display device of a client device;

generating a configured class pass based on the received selection of data for creating the configurable class pass;

associating the configured class pass with a channel of the one or more classes stored in the class database, and generating, for display in the interactive user interface, recommendations for managing inventory yield, the recommendations based on one or more optimization factors selected from the group of optimization factors comprising: a class start time, a class type, an availability channel, a group pass, an incentive, a discount, an instructor availability, a class participation level, and a class space;

identifying a projected yield of the one or more classes associated with the configured class pass, wherein the projected yield includes

an optimized profit for the one or more classes stored in the class database; and

causing a display of the projected yield of the one or more classes associated with the configured pass in the interactive user interface of the client device.

7. The method of claim 6 , further comprising including in the interactive user interface a third user interface element configured to present a third user interface view to receive a class space designation.

8. The method of claim 6 , further comprising including in the interactive user interface a fourth user interface element configured to present a fourth user interface view to receive a class discount designation.

9. The method of claim 6 , further comprising including in the interactive user interface a fifth user interface element configured to present a fifth user interface view to receive a class time selection.

10. The method of claim 6 , wherein the projected yield relates to class attendance.

11. A non-transitory computer-readable storage medium including instructions that when executed by a computer, cause the computer to perform operations comprising, at least:

generating an interactive user interface, wherein the interactive user interface includes:

a first user interface element configured to present a first user interface view to receive a selection of data stored in an inventory database;

a second user interface element configured to present a second user interface view to receive a selection of data for creating a configurable class pass for one or more classes stored in a class database; and

a class channel indicator;

causing a display of the interactive user interface in a display device of a client device;

generating a configured class pass based on the received selection of data for creating the configurable class pass;

associating the configured class pass with a channel of the one or more classes stored in the class database, and generating, for display in the interactive user interface, recommendations for managing inventory yield, the recommendations based on one or more optimization factors selected from a group of optimization factors comprising: a class start time, a class type, an availability channel, a group pass, an incentive, a discount, an instructor availability, a class participation level, and a class space;

identifying a projected yield of the one or more classes associated with the configured class pass, wherein the projected yield includes at an optimized profit for the one or more classes stored in the class database; and

causing a display of the projected yield of the one or more classes associated with the configured class pass in the interactive user interface of the client device.

12. The non-transitory computer-readable storage medium of claim 11 , wherein the operations further comprise including in the interactive user interface a third user interface element configured to present a third user interface view to receive a class space designation.

13. The non-transitory computer-readable storage medium of claim 11 , wherein the operations further comprise including in the interactive user interface a fourth user interface element configured to present a fourth user interface view to receive a class discount designation.

14. The non-transitory computer-readable storage medium of claim 11 , wherein the operations further comprise including in the interactive user interface a fifth user interface element configured to present a fifth user interface view to receive a class time selection.

15. The non-transitory computer-readable storage medium of claim 11 , wherein the projected yield relates to class attendance.

Assignments (4)
RELEASE OF SECURITY INTEREST IN PATENTS AT REEL/FRAME NO. 52216/0359 Recorded Apr 1, 2026
From: BLUE OWL CAPITAL CORPORATION (FORMERLY KNOWN AS OWL ROCK CAPITAL CORPORATION), AS COLLATERAL AGENT
To: MINDBODY, INC.
Reel/Frame 075335/0255 →
SECURITY INTEREST Recorded Mar 30, 2026
From: MINDBODY, INC.
To: SIXTH STREET SPECIALTY LENDING EUROPE III ADVISORS, LTD
Reel/Frame 074227/0835 →
PATENT SECURITY AGREEMENT Recorded Mar 24, 2020
From: MINDBODY, INC.
To: OWL ROCK CAPITAL CORPORATION, AS COLLATERAL AGENT
Reel/Frame 052216/0359 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 1, 2019
From: BRANDENBURG, CHET I.; WEDDLE, AMAYA; WHITEHEAD, MATTHEW A.
To: MINDBODY, INC.
Reel/Frame 049937/0759 →
Continuity (3)
Continuation 15080014 · Mar 24, 2016
Provisional Application 62138719 · Mar 26, 2015
Related Publication 20190355079A1 · Nov 21, 2019