Patent ID: 7124941
Filing Date: 2006-10-24
Classification: G06Q

Abstract:
1. A system for monitoring and managing unsold product inventory items comprising: a master database on a computer server storing data elements in data tables relating to the product inventory items at one or more retail sales operations; a data collection device having an internal memory, a data input interface that includes a product code detection device and a manual data entry device, a display screen, and a communication link to the master database on the computer server, said product code detection device used in a retail store to detect product data from individual unsold inventory product items; one or more data elements transmitted to the master database on the communication link to update a data element in a data table; and a disposition instruction for specified unsold product items transmitted to the data collection device on the communication link, said disposition instruction providing an instruction on the disposition of one or more specified unsold product items that is displayed on the display screen of the data collection device after receipt of product information by the data collection device while located within the retail store.