Edward W Armstrong

Title: Edward W. Armstrong: Innovator in Demand and Supply Management

Introduction

Edward W. Armstrong is a notable inventor based in Chapel Hill, NC (US). He has made significant contributions to the field of demand and supply management, holding a total of 4 patents. His work focuses on resolving imbalances in supply and demand through innovative methods and systems.

Latest Patents

One of his latest patents involves a storage medium designed to resolve demand and supply imbalances. This storage medium includes machine-readable computer program code and instructions that enable a computer to implement a method for identifying excess component inventory liabilities or constraints in supply capability for an end product. The method matches current buying patterns against inventory liabilities and supply capabilities based on previous demand forecasts. When excess component inventory liability is identified, the method refocuses this liability by determining alternative end products that utilize the components in question and executing sales activities to promote these alternatives. Additionally, when constrained supply capability is detected, the method identifies functionally equivalent alternative end products and executes sales activities to entice their sales.

Another patent by Armstrong outlines a system for resolving demand and supply imbalances, which includes a supply liability reduction process (SLRP). This process is initiated upon identifying an excess component inventory liability and consists of several sub-processes that address different magnitudes of liability. The SLRP aims to reduce excess component inventory liability by determining alternative end products and executing sales activities to promote these alternatives.

Career Highlights

Edward W. Armstrong is currently employed at International Business Machines Corporation (IBM), where he continues to innovate and develop solutions for complex supply chain challenges. His work at IBM has allowed him to apply his inventive skills in a corporate environment, contributing to the company's reputation for technological advancement.

Collaborations

Throughout his career, Armstrong has collaborated with notable colleagues, including Brian T. Eck and Mark A. Henderson. These collaborations have fostered a creative environment that encourages the development of innovative solutions in the field of supply chain management.

Conclusion

Edward W. Armstrong is a distinguished inventor whose work in resolving demand and supply imbalances has made a significant impact in the industry. His innovative patents and contributions at IBM highlight his commitment to advancing technology in supply chain management.