Location History:
- Wappinger Falls, NY (US) (1994)
- Wappingers Falls, NY (US) (1999 - 2000)
- Pleasant Valley, NY (US) (2010 - 2014)
Company Filing History:
Years Active: 1994-2014
Title: The Innovative Contributions of Daniel Patrick Connors
Introduction: Daniel Patrick Connors, an accomplished inventor based in Pleasant Valley, NY, has made significant strides in the field of inventory management and pricing strategies. With a remarkable portfolio of 11 patents, Connors is known for his innovative approaches to optimizing product freshness and inventory control.
Latest Patents: Among his latest contributions, Connors holds key patents that address complex challenges in inventory management. One of his pivotal inventions is the "Joint Pricing and Replenishment of Freshness Inventory." This patent outlines a dynamic programming formulation that effectively determines joint pricing and inventory strategies aimed at maximizing retailer benefits from product freshness. It incorporates a demand model that accounts for consumer preferences based on both freshness and price. Another notable patent is the "Managing Fresh-Product Inventory," which formulates the freshness inventory control problem as a stochastic dynamic program. This formulation takes into consideration inventory status, demand forecasts, and associated costs, ultimately guiding order and depletion quantities of products on a per-period basis.
Career Highlights: Connors has dedicated his professional career to research and innovation at the International Business Machines Corporation (IBM). His work focuses on developing effective solutions that enhance inventory management systems, drawing from deep analytical approaches that are vital in today’s competitive market.
Collaborations: Throughout his career, Connors has collaborated with leading experts in his field, including colleagues David D. Yao and Markus Ettl. These partnerships have bolstered his research efforts, leading to advancements that benefit both retailers and consumers alike.
Conclusion: Daniel Patrick Connors continues to be a prominent figure in the realm of inventory management and pricing innovations. With his numerous patents and collaborative spirit, he actively contributes to the evolution of strategies that streamline fresh product management, ensuring that retailers can maximize their operational benefits while catering to the needs of consumers.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.