MUMBAI, India, July 13 -- Intellectual Property India has published a patent application (202621069849 A) filed by Symbiosis International Deemed University on June 03, 2026, for An Intelligent Integrated Inventory Management System And Method For Small Retail Businesses.
Inventors include Dr. Manohar Desai; Prof. Nitin Gawai; Ashika Arun; Amol Jain; and Ishwari Deshpande.
The application for the patent was published on July 10, 2026, under issue no. 28/2026.
Abstract: ABSTRACT AN INTELLIGENT INTEGRATED INVENTORY MANAGEMENT SYSTEM AND METHOD FOR SMALL RETAIL BUSINESSES The present invention discloses an intelligent integrated inventory management system (100) for small retail businesses, comprising a cloud-hosted multi-module software platform accessible through client devices (200) via web and mobile interfaces. The system (100) integrates a user authentication module (110), central dashboard module (120) with real-time sales, purchase, and inventory analytics panels (121-126), inventory management module (130) with product catalogue (131), batch group tracking (132), expiry tracking (134), and stock adjustment (135) capabilities, sales and purchase management module (140) incorporating barcode scanning (143), GST-compliant billing and invoicing (142), and dropshipment (146), reports and statistics module (150), integrations module (160) for accounting, SMS marketing, loyalty programmes, and online payments, an automated alerts and notifications engine (170), support module (180), and a centralised database and cloud storage layer (190). [
Disclaimer: Curated by HT Syndication.
