Invention Grant
- Patent Title: Computer system and computer-executed method for inventory valuation
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Application No.: US17108547Application Date: 2020-12-01
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Publication No.: US11514462B2Publication Date: 2022-11-29
- Inventor: Zahra Ferdowsi , Rajesh Girish Parekh
- Applicant: Groupon, Inc.
- Applicant Address: US IL Chicago
- Assignee: Groupon, Inc.
- Current Assignee: Groupon, Inc.
- Current Assignee Address: US IL Chicago
- Agency: Alston & Bird LLP
- Main IPC: G06Q30/02
- IPC: G06Q30/02

Abstract:
Certain embodiments provide a computer-executed method for generating a future sales estimate for an item. The method includes programmatically accessing, from a dataset via a network device, an inventory residence time period of an item. The method also includes programmatically accessing, from the dataset via the network device, prior performance data associated with the item. The method also includes programmatically executing an inventory valuation engine to generate a future sales estimate for the item based on the inventory residence time period and the prior performance data. The method further includes executing a notification generation engine to adjust a notification policy defining a frequency or other characteristic of electronic marketing communications indicating the item transmitted to consumer devices based on the future sales estimate.
Public/Granted literature
- US20210125202A1 COMPUTER SYSTEM AND COMPUTER-EXECUTED METHOD FOR INVENTORY VALUATION Public/Granted day:2021-04-29
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