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Patent drawing for Method and apparatus for dynamically managing vending machine inventory prices
US 7,711,658 B2
Vending & kiosks US 7,711,658 B2 Expired

Method and apparatus for dynamically managing vending machine inventory prices

This invention describes a vending machine system that can automatically change the price of its products. It does this by considering factors like how much stock is left and other management rules, then updates the price displayed to customers. However, the provided first claim primarily details the steps of a customer requesting a product, making payment, and the machine checking its inventory.

Why it matters: Filed before ubiquitous, affordable IoT connectivity and cloud computing made remote management and real-time data processing for vending machines commonplace. These advancements simplify the implementation of external modules and dynamic pricing algorithms.

Status
ExpiredProtection ended and was never renewed
How hard to build
ModerateVending machine, processing unit, software logic

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