Invention Grant
- Patent Title: System and method for using stores as receiving points for third party, E-commerce suppliers
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Application No.: US15960680Application Date: 2018-04-24
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Publication No.: US10395210B2Publication Date: 2019-08-27
- Inventor: Behzad Nemati , Ehsan Nazarian
- Applicant: Walmart Apollo, LLC
- Applicant Address: US AR Bentonville
- Assignee: WALMART APOLLO, LLC
- Current Assignee: WALMART APOLLO, LLC
- Current Assignee Address: US AR Bentonville
- Agency: Venable LLP
- Agent Jeffri A. Kaminski
- Main IPC: G06N20/00
- IPC: G06N20/00 ; G06Q10/08

Abstract:
Systems, methods and computer-readable media for providing e-commerce suppliers an alternative shipping and distribution system based on real-time sales and demand being coupled with iterative machine learning processes. As an example, an e-commerce supplier can contract with a retailer to have products sold in retail locations belonging to the retailer. However, rather than the retailer providing to the e-commerce supplier a quoted price for acquiring the merchandise, the retailer can provide two prices: one for if the e-commerce supplier delivers the merchandise to a distribution center, and another if the e-commerce supplier delivers the merchandise directly to a retail location, from which the retailer will redistribute the merchandise to other retail locations.
Public/Granted literature
- US20180308051A1 System and Method for Using Stores as Receiving Points for Third Party, E-Commerce Suppliers Public/Granted day:2018-10-25
Information query