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US 10,846,721 B2Granted
Method and system to reduce food waste and control prices in retail
AssigneeWasteLess LTD
InventorsOded Omer, Ben Biron, Yossi Regev
Life of this patent
Estimating the term…
Abstract
Systems and methods are provided for determining a price of one or more goods. The method includes assigning a readable identification tag to a good, applying one or more price-calculation factors to the good, identifying the good associated with the identification tag, and calculating, using a processor, a price of the good according to the one or more price-calculation factors.
Claims12
A method for determining and modifying a price of one or more goods to reduce food waste, the method comprising:
- dynamically accessing, by a processor of a first server in real-time, one or more price-calculation factors associated with a shelf state of a good and the one or more price-calculation factors associated with a future stock of the good, wherein the one or more price-calculation factors comprise a presence or an absence of an active advertising campaign for the good, a quantity of the good, a quantity of similar goods from a competitor, a quantity of the good per expiration date, a quantity of the similar goods from the competitor per expiration date, and at least another factor of the one or more price-calculation factors associated with the good and stored in a memory, the memory being coupled to the processor of the first server;
- dynamically calculating, by the processor of the first server in real-time, a price of the good based on the one or more price-calculation factors associated with the shelf state of the good and the one or more price-calculation factors associated with the future stock of the good, wherein a first price of the good determined during a first time period is equal or greater than a second price of the good determined during a second time period since the second time period is closer to the expiration date of the good than the first time period;
- storing the price of the good in the memory of the first server;
- and
- transmitting, via the first server, the price of the good to a second server;
- and
- during checkout,
- scanning, by an identification tag scanner coupled to the second server, a readable identification tag coupled to the good and assigned to the good;
- accessing, by a processor of the second server, information associated with the readable identification tag stored in a memory of the second server;
- and
- determining, by the processor of the second server, an identity of the good associated with the readable identification tag and its current price.
8 more elements
A system for determining and modifying a price of one or more goods to reduce food waste, the system comprising:
- a first server comprising:
- a processor;
- and
- a memory coupled to the processor, wherein the memory is configured to store one or more price-calculation factors associated with a shelf state of a good and the one or more price-calculation factors associated with a future stock of the good, wherein the one or more price-calculation factors comprise a presence or an absence of an active advertising campaign for the good, a quantity of the good, a quantity of similar goods from a competitor, a quantity of the good per expiration date, a quantity of the similar goods from the competitor per expiration date, and at least another factor of the one or more price-calculation factors associated with the good;
- the processor being configured to:
- dynamically access the one or more price-calculation factors associated with the shelf state of the good and the one or more price-calculation factors associated with the future stock of the good in real-time;
- and
- dynamically calculate a price of the good according to the one or more price-calculation factors associated with the shelf state of the good and the one or more price-calculation factors associated with the future stock of the good, wherein a first price of the good determined during a first time period is equal or greater than a second price of the good determined during a second time period since the second time period is closer to the expiration date of the good than the first time period;
- the memory being configured to store the price of the good;
- and
- the processor being configured to transmit the price of the good to a second server;
- and
- an identification tag scanner coupled to the second server and another processor and configured to, during checkout:
- scan a readable identification tag coupled to the good and assigned to the good;
- access information associated with the readable identification tag and stored in the memory;
- and
- determine an identity of the good associated with the readable identification tag and its current price.
14 more elements
Dependencies are inferred from the claim text.