This inventor holds 1 USPTO granted patent. Top assignee: Shipt, Inc.. Active years: 2025.
Company Filing History:
Years Active: 2025
Title: Innovations by Hari Narayan in Delivery Service Pricing
Introduction
Hari Narayan is an accomplished inventor based in Park Ridge, IL (US). He has made significant contributions to the field of pricing optimization for third-party delivery services. His innovative approach focuses on enhancing the efficiency of pricing strategies, which is crucial in today's competitive market.
Latest Patents
Hari Narayan holds a patent for "Markup Optimization." This patent is directed towards determining an optimal markup policy for a third-party delivery service. The method involves dynamically optimizing prices by retrieving item information for a variety of items, including pricing data. These items are sold by retailers and are available for delivery by the third-party service. The process includes simulating multiple markup policies using a neural network that identifies non-linear price-demand relationships. Ultimately, it determines the optimal markup policy and provides a user interface that displays items for delivery with prices reflecting this policy. He has 1 patent to his name.
Career Highlights
Hari Narayan is currently employed at Shipt, Inc., where he applies his expertise in pricing optimization. His work is instrumental in improving the delivery service's pricing strategies, ensuring that they remain competitive and efficient.
Collaborations
Some of his notable coworkers include Ahmed Abdulaal and Ritesh Agrawal, who contribute to the innovative environment at Shipt, Inc.
Conclusion
Hari Narayan's work in markup optimization exemplifies the intersection of technology and commerce, showcasing how innovative solutions can enhance service delivery in the modern marketplace. His contributions are paving the way for more efficient pricing strategies in the delivery service industry.