Location History:
- Cave Springs, AR (US) (2017 - 2019)
- Rogers, AR (US) (2017 - 2020)
- Lakeville, MN (US) (2020 - 2023)
Company Filing History:
Years Active: 2017-2023
Title: Innovations by Daniel R. Shields in Inventory Management
Introduction
Daniel R. Shields is an accomplished inventor based in Rogers, AR, known for his significant contributions to the field of inventory management. With a total of 20 patents to his name, Shields has been a driving force in developing innovative systems that enhance business operations. His expertise and creativity in design are evident through his latest patents.
Latest Patents
One of Shields' most recent patents revolves around "Systems and Methods of Managing Perpetual Inventory." This innovative technology provides comprehensive solutions for monitoring and adjusting perpetual inventory (PI) systems. In this invention, multiple point of sale (POS) systems are integrated with an inventory system and a perpetual inventory (PI) engine control circuit. This circuit efficiently collects and analyses inventory information to detect a variety of events linked to different products within a shopping facility. In doing so, it addresses potential inconsistencies in inventory counts. The inventive methodology outlines a series of actions, including identifying inventory evaluation rules, addressing inventory count errors, and implementing real-time inventory adjustments to ensure optimal accuracy in product counts.
Career Highlights
Throughout his career, Daniel R. Shields has made notable strides working for significant companies such as Walmart Apollo, LLC and Wal-Mart Stores, Inc. His experience in these organizations has equipped him with the insights necessary to innovate within the retail and inventory sectors.
Collaborations
Shields has collaborated with other professionals in his field, including coworkers Matthew Allen Jones and Nicholaus Adam Jones. Their teamwork and shared vision have contributed to the successful development of various projects and patents.
Conclusion
Daniel R. Shields stands out as an influential inventor, significantly impacting inventory management systems through his innovative patents. With his discernible expertise, he continues to inspire advancements in the industry, making inventory processes more efficient and reliable for businesses.