MUMBAI, India, May 1 -- Intellectual Property India has published a patent application (202641048103 A) filed by Vellore Institute Of Technology, Chennai, Tamil Nadu, on April 15, for 'system and method of inventory management.'
Inventor(s) include Jeya Surya Shankar B; and Priyadarshini R.
The application for the patent was published on May 1, under issue no. 18/2026.
According to the abstract released by the Intellectual Property India: "Embodiments of the present disclosure relate to a system (100) and a method (700) of inventory management. The system (100) includes a Radio Frequency Identification (RFID) reader (104) that captures encrypted tag information associated with products positioned within scanning range. A product database access unit (122) retrieves corresponding product attributes from a structured catalog repository, while a touch display interface (106) presents product information and system interaction controls to users. The system (100) establishes encrypted communication with backend infrastructure through a centralized server communication interface (120). One or more indoor positioning sensors (112) determines spatial coordinates within the store layout to enable location-aware operations. The system (100) performs secure electronic transaction processing and maintains synchronized inventory records while enabling real-time monitoring, secure authentication of product identifiers, automated catalog updates, and operational alerts to support efficient inventory tracking and reliable retail management."
Disclaimer: Curated by HT Syndication.
