G - Physics – 06 – F
Patent
G - Physics
06
F
G06F 17/60 (2000.01)
Patent
CA 2332083
A distribution system including a virtual inventory system for supplying multiple products to multiple retailers is provided. The distribution system includes an inventory storage area subdivided into multiple dedicated retailer areas called virtual inventories which store a particular retailer's inventory. An order fulfillment system receives orders form a particular retailer and ships products from the retailer's virtual inventory to the destination directed by the retailer such as to the retailer or to a customer. An inventory maintenance system maintains product levels within the virtual inventories as required by the needs of the retailer. Retailer needs are determined by at least one of past sales history, gut size sales, and test sales results. The inventory maintenance system re-orders inventory from a supplier or manufacturer when needed. Another aspect of the present invention is a virtual inventory apparatus for managing inventory including a product source providing products to a warehouse in response to inventory orders from the warehouse. The apparatus also includes at least two retail sites for transmitting customer-based orders to the warehouse. The warehouse also includes at least two virtual inventory storage locations, each designated for a specific retail site. Another aspect of the present invention is a method for managing inventory among a product source, a warehouse, and at least one retailer including procuring a product from a product source in response to an inventory order from a warehouse, moving the product to the warehouse and then segmenting the product into at least two virtual inventories, each specifically designated for a retailer. Customer based orders are transmitted from the retailer to the warehouse where the orders are fulfilled from the virtual inventory for that retailer.
Almy Edward P. Jr.
Bracken Dan
Several Edward G.
Macrae & Co.
Spalding Sports Worldwide Inc.
LandOfFree
Virtual inventory system does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Virtual inventory system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Virtual inventory system will most certainly appreciate the feedback.
Profile ID: LFCA-PAI-O-1697026