Walmart Inc.
SYSTEM AND METHOD FOR MANAGEMENT OF PERPETUAL INVENTORY VALUES ASSOCIATED WITH NIL PICKS

Abstract:

An electronic indication of a nil pick is received. Item information associated with the desired product, sales data concerning the desired product, supply chain information associated with the desired product, and a perpetual inventory (PI) value of the desired product are stored. An adjustment to the PI of the desired product is blocked when a predetermined event occurs at the retail store, or when information that contradicts the validity of the nil pick is received from the retail store. When the adjustment to the PI of the desired product is not blocked, an amount of the adjustment is determined based upon one or more of: the item information associated with the product, the sales data concerning the product, and the supply chain information associated with the desired product.