Dynamic Inventory Tracking and Transfer System

A system for tracking inventory, comprising:

• a plurality of vehicles, wherein each vehicle includes
• a latching element, wherein the latching element is configured to latch onto inventory and unlatch from inventory,
• a navigation system, including a transmitter, wherein the navigation system and the latching element are in communication with the transmitter, wherein the transmitter is configured to transmit position data generated by the navigation system, and wherein the transmitter is further configured to transmit a signal when the latching element latches onto inventory or unlatches from inventory;
• a receiver configured to receive transmissions from the transmitters;
• and
• a computer in communication with the receiver, wherein the computer is configured to record in computer memory the position of the vehicles based on transmissions received by the receiver, wherein the computer is further configured to determine the closest vehicle to a vehicle whose transmitter transmits a latching or unlatching signal, and wherein the computer is configured to record a transfer between the transmitting vehicle and the closest vehicle.

A method of tracking inventory, comprising the steps of:

• creating a plurality of digital records, wherein each record includes position data representing a physical position of a vehicle;
• updating a first position data of a first record corresponding to a first vehicle, wherein the first vehicle is carrying a first inventory item and a second inventory item, and wherein the first position data is updated with position data transmitted by and received from a first navigation system attached to the first vehicle;
• detecting a transfer signal sent from the first vehicle;
• comparing the first position data of the first record with the position data of the plurality of digital records to determine a closest vehicle;
• updating the first record to reflect that the first vehicle is no longer carrying the first inventory item;
• and
• updating a record of the closest vehicle to reflect that the closest vehicle is now carrying the first inventory item.