Browse Prior Art Database

Selling products nearing their expiration date using a point of service terminal in a grocery store

IP.com Disclosure Number: IPCOM000004399D
Publication Date: 2000-Nov-03
Document File: 2 page(s) / 19K

Publishing Venue

The IP.com Prior Art Database

Abstract

The cost of removing expired products from the shelves of grocery stores represents a considerable expense. Taken into consideration with the liability costs associated with unknowingly selling expired products, such costs can eat into a grocery store’s profits. What is needed is a way to target products nearing expiration for sale to customers. This can be done using a customer-queried on-site point of service (POS) terminal that presents those items, accompanied by savings certificates that entitle the customer to reduced prices if the identified products are purchased. The system overview of such a POS terminal is outlined herein.

This text was extracted from a Rich Text Format document.
This is the abbreviated version, containing approximately 100% of the total text.

Selling products nearing their expiration date using a point of service terminal in a grocery store

The cost of removing expired products from the shelves of grocery stores represents a considerable expense. Taken into consideration with the liability costs associated with unknowingly selling expired products, such costs can eat into a grocery store's profits. What is needed is a way to target products nearing expiration for sale to customers. This can be done using a customer-queried on-site point of service (POS) terminal that presents those items, accompanied by savings certificates that entitle the customer to reduced prices if the identified products are purchased. The system overview of such a POS terminal is outlined below.

Figure 1 illustrates a system for selling products nearing their expiration date using a point of service terminal in a grocery store. System 10 includes point-of-sale ("POS") terminals 12, 14 and 16, each of which is in communication with a store server 18. POS terminals 12, 14 and 16 perform such processes as presenting a searchable listing of near-expiration products available at reduced prices and printing the savings coupons available to a customer. POS terminals 12, 14 and 16 may furthermore track purchases made and adjust databases of inventory accordingly. Any number of POS terminals may be included in system 10. Although three POS terminals are shown in Figure 1, any number of POS terminal, may be in communication with store server 18 without departing from the spirit and scope of the present invention.

In operation, store server 18 directs the operation of, stores data from and transmits data to POS terminals 12, 14 and 16. Store server 18 may itself be a POS terminal, as described herein, or may be another computing device that can communicate with one or more POS terminals. Each of POS terminals 12, 14 and 16 may be located in the same store, in different stores of a chain of stores, or in other locations. Store server 18 may perform many of the processes described below, especially those processes that are performed for more than one POS terminal. Store server 18 also stores an inventory database that is to be presented by POS terminals 12, 14 and 16. Store server 18 is also in communication with an automated inventory apparatus 20. Automated inventory apparatus 20 constitutes widely known in the art systems for sales and delivery dates updates of store stock on a per item basis. Store server 18 receives from automated inventory apparatus 20 an indication of near-expiration date food products that should be sold. Store server 18 in turn communicates with POS terminals 12, 14 and 16, where customers may search and receive coupons for such aged food products.

Figure 1 System for selling products nearing their expiration date using a point of service terminal in a grocery store