Patent attributes
There is provided a device for automatic asset management as well as a method for dispensing items from said automatic asset management device. The device comprises an enclosure, a shelving unit within the enclosure configured to store at least one item, a delivery hatch on the enclosure configured to allow access to the enclosure, and a dispensing unit within the enclosure. The dispensing unit comprises a front gate comprising an open portion and a closed portion, wherein the front gate is configured to control access through the delivery hatch and an elevator module configured to receive the item from the shelving unit, move to the front gate to link with the front gate, while linked with the front gate, move with the front gate to align the open portion with the delivery hatch to allow access to the item within the elevator module; and upon removal of the item from the elevator module, release the front gate to align the closed portion with the delivery hatch to restrict access to the delivery hatch.