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Patent drawing for Method and system for managing products at remotely located equipment
US 20,190,228,373 A1
Business & commerce US 20,190,228,373 A1 Expired

Method and system for managing products at remotely located equipment

This invention describes a system for managing products in remote machines, such as vending machines. It collects data on sales, stock levels, and machine operational status. The system then calculates product demand by only considering sales data from periods when the machine had sufficient stock and was working correctly, ensuring an accurate demand estimate. This estimate is used to update delivery schedules for restocking. The claims specifically narrow the invention to machines using standard vending machine communication (MDB) and payment systems like card readers or coin mechanisms.

Why it matters: Filed before widespread, low-cost IoT connectivity and cloud-based data processing became standard. Modern IoT platforms and improved network infrastructure simplify data acquisition from diverse remote equipment, making this system more practical to deploy at scale.

Status
ExpiredProtection ended and was never renewed
How hard to build
ModerateSoftware logic, MDB integration, data processing system

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