IP3 2022 – Retail Management & Tracking (LOT 10062)

This lot is generally related to inventory management. Techniques are disclosed to improve efficiency and accuracy in inventory identification and quantification by capturing a video of an inventory, identifying inventory items in each video frame, assigning coordinates to each item, statistically comparing coordinates to select coordinates that are significantly different from previous coordinates and generating an inventory dataset for reordering of items. Also disclosed are techniques to identify an optical flow of items in a warehouse. The technology may be implemented in inventory management software, manufacturing facilities, warehouses, brick and mortar stores, shopping malls, retail shops, airports, etc.