Method, system, server processing system and computer readable medium for managing inventory

A server processing system for managing inventory, wherein the server processing system is configured to:

• receive, from a plurality of merchant devices including a first and second merchant device associated with a first and second merchant location respectively, inventory data and a plurality of merchant locations which are stored in a data store;
• receive, from the first merchant device during an in-person sale transaction with a customer at the first merchant location, data indicative of a requested good that is not immediately deliverable at the first merchant location;
• determine that one or more merchant locations, that are boated within a proximity of the first merchant location, have the requested good and is immediately deliverable;
• generate a map interface for presentation on the first merchant device, wherein the map interface is controlled via the merchant device to change the proximity of the displayed merchant locations that have the requested good;
• transfer data for plotting the map interface to the first merchant device
• receive, from the first merchant device, a selection of the second merchant location for facilitating the provision of the requested good;
• transfer, to the second merchant device, a request to facilitate provision of the requested good to the customer;
• and
• transfer of funds from the first merchant to the second merchant for facilitating provisioning of the requested good, while deducting an administrative fee from the transferred funds, wherein the requested good are sold to the customer at a retail price set by the second merchant.

A non-transitory computer storage medium including executable instructions which, when executed by one or more processors, configure a server processing system for managing inventory, wherein the server processing system is configured to:

• receive, from a plurality of merchant devices including a first and second merchant device associated with a first and second merchant location respectively, inventory data and a plurality of merchant locations which are stored in a data store;
• receive, from the first merchant device during an in-person sale transaction with a customer at the first merchant location, data indicative of a requested good that is not immediately deliverable at the first merchant location;
• determine that one or more merchant locations, that are located within a proximity of the first merchant location, have the requested good and is immediately deliverable;
• generate a map interface for presentation on the first merchant device, wherein the map interface is controllable via the merchant device to change the proximity of the displayed merchant locations that have the requested good;
• transfer data for plotting the map interface to the first merchant device;
• receive, from the first merchant device, a selection of the second merchant location for facilitating the provision of the requested good;
• transfer, to the second merchant device, a request to facilitate provision of the requested good to the customer;
• and
• transfer of funds from the first merchant to the second merchant for facilitating provisioning of the requested good, while deducting an administrative fee from the transferred funds, wherein the requested good are sold to the customer at a retail price set by the second merchant.